COMPANY COMMENT
ArcelorMittal SA is caught between a rock and a hard place
The steelmaker may have no choice but to close some of its operations as the dire operational environment deals it blow after blow
30 September 2019 - 16:38
ArcelorMittal SA’s looming review of sites, which may lead to closure of some operations, is suggestive of the magnitude of the struggling steelmaker’s problems.
In a nutshell, ArcelorMittal SA, whose financial performance has gone backwards since the group posted its first full-year profit in nearly 10 years in 2018, is taking blows from all sides...
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