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ArcelorMittal sees higher steel demand in Brazil

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ArcelorMittal sees higher steel demand in Brazil – Based on the current economic outlook, ArcelorMittal expects global apparent steel consumption or ASC to grow further in 2017 by between about 0.5 percent to 1.5 percent. ASC in the US is expected to grow about 3 percent to 4 percent and in Europe to grow 0.5 percent to 1.5 percent. In Brazil, ASC is expected to grow by 3 percent to 4 percent. In China, following ASC growth in 2016, demand is expected to stabilise in 2017.

 

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