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10 Feb
08:29

ArcelorMittal earnings skyrocket, foresees supportive 2022 conditions

ArcelorMittal believes market conditions will remain supportive in the first half of 2022, after registering strong financial performance last year, Kallanish notes. "2021 was characterised by recovering real demand, augmented by the required replenishment of inventories,” ArcelorMittal explains. “The restocking effect has now run its course, with inventories returning to normal levels. But the real demand recovery continues, and this is expected …
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