Wednesday, July 31, 2019

ArcelorMittal cuts steel demand outlook on weak Europe

ArcelorMittal cuts steel demand outlook on weak Europe The company also reported a second-quarter core profit (EBITDA) of $1.56 billion, slightly above its compiled consensus of $1.53 billion, but down from $1.65 billion in the first quarter and only about half its earnings of a year earlier.

from Moneycontrol Business News https://ift.tt/2yqG8O3

No comments:

Post a Comment

Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter's NBFC

PN Vasudevan's recent announcement of his resignation as managing director of Equitas Small Finance Bank highlights pressing concerns ov...