ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ...
Read More »â€˜Europe steel sector shows signs of bottoming out’
Bloomberg Europe’s troubled steel market is showing signs of bottoming out, according to the world’s No. 1 producer ArcelorMittal. While weak auto industry demand means it’s too early to call a recovery, steel prices in the European Union are starting to climb, said Geert van Poelvoorde, the company’s chief executive officer for flat products in Europe. ArcelorMittal announced output cuts ...
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