Skip to main content

noComment
ArcelorMittal performance warning

corporate

| |

ArcelorMittal has warned investors that it will not perform as well as had been expected in the first quarter of this year.

The world’s top steelmaker said that is because its markets will only recover slowly.

It is likely to ship more steel during the period, but prices will be lower and costs higher putting pressure on core profits.

Steel producers have been increasing output as the recession ends and demand grows.

More about:

Copyright © 2012 euronews

| |

Login

Please enter your login details

Join the euronews community

By joining euronews’ community , you can participate to U talk and I talk and subscribe to our newsletters.
Please note: All fields are required