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

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...