Steel revival poised to boost shipping volumes – producer
by
Liz McCarthy, London
—
last modified
Nov 05, 2009 03:17 PM
SHIPMENTS of steel products were expected to increase in the fourth quarter of 2009, according to the world’s largest producer ArcelorMittal.
Despite a lack of strong “real demand”, with a global recovery in financial markets “under way” the company expected to see a revival in volumes and prices in the fourth quarter.
“Apparent steel demand is improving as destocking completes,...
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