15
Aug
10:34
ArcelorMittal performance confirms prolonged steel industry difficulties: Moody's
ArcelorMittal’s second-quarter results confirm that the currently-challenging environment in the global steel industry will persist for longer than anticipated, and the European steel outlook has worsened. This is according to Moody’s.
In response to the more challenging market environment, including depressed steel prices and costlier feedstock, ArcelorMittal had to adjust its assumptions for future cash flows of its US operations. This resulted in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous