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09 Feb
10:09

ArcelorMittal expects global consumption to rebound this year

ArcelorMittal expects global apparent steel consumption outside of China to rebound 2-3% on-year in 2023, supported by the end of destocking that characterised the second half of 2022. For China, the steelmaker expects demand to remain stable. “As we look ahead, evidence suggests that the customer destock we saw in the second half of 2022 has peaked, hence providing support to apparent steel consumption and steel spreads,” ArcelorMittal chief executive…
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