Steel Mills
February 12, 2017
ArcelorMittal Comments on Demand and Europe Projects
Written by Sandy Williams
ArcelorMittal said it expects global apparent steel consumption to grow between 0.5 and 1.5 percent in 2017, compared to 1.0 percent growth last year.
Underlying demand is expected to pick up in Europe supported by the automotive market, but apparent demand growth in the region is forecast at a modest 0.5-1.5 percent compared to 2 percent in 2016. ArcelorMittal expects growth in auto sales but weak construction growth.
