ArcelorMittal’s refractories boost

Published: Thursday, 30 April 2009

Steel maker suggests steel destocking over by mid-2009 with real demand to follow

Steel shipments for ArcelorMittal, the world’s largest steel group, fell by 45% in Q1 2009 (to 16.1m. tonnes) when compared to Q1 2008, but the company suggested destocking of US and European inventories could be complete by the end of Q2 2009.

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