09
Feb
12:58
Stoppages slash ArcelorMittal Europe’s 2022 production, destocking peaks
Production and shipments from ArcelorMittal’s European units fell drastically last year, as a result of temporary production stoppages in the last quarter owing to weaker apparent consumption driven by destocking.
According to ArcelorMittal’s 2022 earnings report, European crude steel production last year was 31.9 million tonnes, down some 13% year-on-year. Steel shipments stood at 30.1mt, down 2mt from the level reached in 2021. In Q4 alone, productio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous