Sagging Steel Demand Spells Trouble

The global economy is impacting steel production and mining companies.

Topics:  steel   
BING NEWS:
  • Thyssenkrupp cuts profit forecast as steel demand wanes
    By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -German conglomerate Thyssenkrupp cut its annual forecasts for sales and net profit for the second time in three months, blaming lower demand ...
    05/15/2024 - 1:04 am | View Link
  • ArcelorMittal maintains positive steel demand view after Q1 earnings beat
    ArcelorMittal (NYSE:MT) +3.7% in Thursday's trading after reporting better than expected Q1 adjusted earnings and maintaining its 2024 global steel demand growth outlook after volumes and prices ...
    05/2/2024 - 4:35 am | View Link
  • ArcelorMittal Keeps Positive Steel-Demand Outlook After Earnings Beat Expectations -- Update
    By Pierre Bertrand ArcelorMittal maintained its 2024 steel-demand growth expectations after volumes and prices in the first three months of the year ...
    05/1/2024 - 8:48 pm | View Link
  • EU industry group downgrades steel demand forecast for 2024 again
    A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a matter of months, projecting growth of 3.2%, due to geopolitical tensions, economic ...
    04/29/2024 - 4:14 am | View Link
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