46 days ago • Posted by William Ramstein

Steelmaker ArcelorMittal reports highest quarterly profits in a decade

ArcelorMittal, the biggest steelmaker outside China said it now expects steel demand this year -- a key barometer for global economic growth -- to be at or above the upper range of its February forecast. It projected an increase in demand of 4.5% to 5.5%, following a contraction in 2020 during the pandemic.

Source: Bloomberg