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16 Feb
19:42

ArcelorMittal’s North American sales see end-of-year decline

ArcelorMittal’s sales in the North American market declined in the fourth quarter, but the company is expecting strong growth in the automotive and infrastructure markets. The steelmaker says apparent steel consumption in the US will grow 1-3% this year. Demand from the auto sector should be strong as the semiconductor shortage eases, supported by robust backlogs and low inventories. Infrastructure demand is expected to grow, supported by the government&rsqu…
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