02
Aug
13:47
Brazil becomes ArcelorMittal's top market, China sales slump
Brazil overtook the US as ArcelorMittal’s largest country in terms of sales in the first half of 2021, following the divestment last December of ArcelorMittal USA. Sales in top European markets also came storming back in H1, Kallanish notes.
Notwithstanding the lower US revenue, sales in Brazil soared 118% on-year to $3.97 billion in H1. US sales were at $3.4 billion, down 39%. Germany was third, with sales surging 50% to $3.02 billion, while Italy stormed i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous