A Arceelormitt on Wednesday (30) To be delayed in resolving the world trade interruption due to Importing rates may affect this initial steel consumption predictions for this year, especially in the United States and China.
Steel maker actions, which 4 % decreased earlierThey declined by 1.7 % near the end of the European trading session, and pressure through comments from the company’s executives who overwhelmed the company’s results in the first quarter, which were higher than expected by the market.
He was the second largest Follower maker in the world. He said that in the past It is expected to be a growth in the total steel demand from 2.5 % to 3.5 %With the exception of China, the largest consumer and producer in the world.
“Given the future, the scale of caution about a short -term perspective is appropriate.”
“Hey Increased uncertainty regarding global trade conditions President Aditia Mittal said:
European steel producers have already faced an increase in energy costs and intense competition from Chinese imports, and the factors exacerbated by the American import tariff.
OS Comments from Arceelormittal Swedish was repeated by Swedish SABB, who said he expected a more mysterious perspective of his steel sections due to the customs tariff.
Arceelormtal made a profit before benefits, taxes, depreciation and firefighting (EBITDA) of $ 1.58 billion in the first quarter, which exceeds its average estimation of $ 1.55 billion, according to the company’s data.
The company sold about 13.6 million tons of steel in the first quarter, slightly higher than the previous year.
However, the group said The spread of steel in Europe recovered from low -level levelsWith a perspective enhanced by an action plan for the European Commission, which was announced in March to make the European steel industry more competitive and protect it from the impact of American definitions.
Arceelormital confirmed the confirmation of the possibility of investment in 2025, while maintaining expectations of $ 4.5 billion to $ 5.0 billion for this year.
