Archive for June 22nd, 2007
ArcelorMittal to Cut Steel Output
The world’s largest steelmaker, ArcelorMittal, will slightly cut output in the third quarter and keep prices steady to help contain an “inflated” European market bloated with Chinese imports, the company said Friday. Europe’s steel prices are the world’s highest. This has attracted increasing Chinese trade, raising concern among European steelmakers and EU officials about the [...]
Posted: June 22nd, 2007 under Steel Comment, Steel International, Steel News, Steel Prices.
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