ArcelorMittal expects weaker European steel consumption in 2019

By IM Staff
Published: Monday, 13 May 2019

European steel consumption is set to contract on weak manufacturing and falling vehicle end demand, the steelmaker said.

By Viral Shah

ArcelorMittal expects apparent steel consumption in Europe to contract by up to 1% year on year in 2019, "driven by weak manufacturing and declining automotive production", the world’s largest steelmaker said this week. 

"We continue to face a challenge from high levels of imports, particularly...

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