ArcelorMittal: 'significant fall' in activity
(CercleFinance.com) - ArcelorMittal today announced that it expects a "significant" drop in industrial activity "in many if not all of the geographic markets in which we operate," due to the coronavirus epidemic.
However, the group has not provided any estimates for losses, due to a lack of visibility over how long this situation will last.
ArcelorMittal has also specified that it has adopted several measures to reduce its costs "through these unprecedented times".
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