World’s largest steelmaker, ArcelorMittal, cut its outlook due a worse view of the U.S., Brazilian and Chinese markets.
ArcelorMittal said it now expected apparent steel consumption, including the impact of stocking and destocking, to be between 1.5 and 2% lower this year than in 2014.
The material has been provided by InstaForex Company – www.instaforex.com