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05 Nov
09:09

ArcelorMittal shipments remain depressed, eyes further structural adjustments

ArcelorMittal says it is developing options for further structural cost improvements to prepare for the post-Covid-19 operating environment. This follows the closure in October of the Krakow plant’s hot-end. Further details will be provided with the full-year 2020 results in February. Steel shipments fell -13% on-year in the third quarter to 17.5 million tonnes, but this was up 18% from Q2 as economic activity recovered across all regions following the Covid…
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