August 2016 | Galvanized Steel and Tinplate Market Tracker
European concerns grow after strong H1: Latest analysis
Although its margins of around 5% are still a long way from those seen during 2006/07, when operating margins were around 10-12%, they illustrate nicely the rebound in Europe’s market during 2016 so far.
As Europes largest producer of coated steels, ArcelorMittal often serves as a useful bellwether for the health of the regions industry. Recently-released financial results from the company, covering the first half of 2016, should therefore be seen as positive. The companys European division operated at its highest profit margin since 2008 during the...
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