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Message: Arcelor Mittal: Global steel demand after crisis +3-5%

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Arcelor Mittal: Global steel demand after crisis +3-5%

posted on Sep 16, 09 03:44AM

ArcelorMittal: wereldwijde vraag naar staal na crisis +3-5%

Woensdag 16 september 2009 09:23 AMSTERDAM (Dow Jones)--De wereldwijde vraag naar staal zal na de financiele crisis met 3 tot 5% groeien, zo blijkt uit de presentatie van CEO Laskhmi Mittal van ArcelorMittal woensdag op de investeerdersdag.
De CEO zegt in zijn presentatie, beschikbaar op de website van het bedrijf, dat de wereldwijde staalindustrie terug zal keren naar groei in de nasleep van de financiele crisis.
Staalmarkten in de Verenigde Staten en Europa zullen volgens Mittal nog niet "normaliseren" in 2010, maar de binnenlandse vraag in China zal dit daar al met 15% groeien.
ArcelorMittal zal verder aankondigen dat de kapitaalinvesteringen voorzichtig hervat zullen worden, waarbij vooral geinvesteerd zal worden in de opkomende markten en de mijnbouw.

Door Maaike Noordhuis; Dow Jones Nieuwsdienst; +31-20-5715201; maaike.noordhuis@dowjones.com

Google translate:

Arcelor Mittal: Global steel demand after crisis +3-5%
Wednesday, September 16, 2009 09:23 LONDON (Dow Jones) - Global demand for steel, after the financial crisis with 3 to 5% growth, according to the presentation of Laskhmi CEO of Mittal Arcelor Mittal on Wednesday investorsday.
The CEO said in his presentation, available on the website of the company, the global steel industry will return to growth in the aftermath of the financial crisis.
Steel Markets in the United States and Europe, according to Mittal will not normalize in 2010, but domestic demand in China will grow by 15% there already.
Arcelor Mittal will also announce that the capital will be cautiously resumed, which will be mainly invested in emerging markets and mining.

By Maaike North House, Dow Jones Newswires; +31-20-5715201; maaike.noordhuis @ dowjones.com


I can't find an english version, and I have no time to make a proper translation myself, so I used google translate.

Paul

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