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ArcelorMittal Message Board

  • bs572 bs572 Jun 16, 2014 5:03 PM Flag

    Steel prices flat for next 5 years.

    The steel glut is getting bigger.Owners are scared to be the first to stop production as the Govt and Unions are asking for life time compensation.

    The margins are getting thinner . Steel Investors are short and are waiting for an Owner to default interest payment.

4.72-0.15(-3.08%)May 27 4:01 PMEDT