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Mining to boost ArcelorMittal?
Mining to boost ArcelorMittal?
ArcelorMittal's stock is down about 40% in last one year thanks to weak steel demand. ArcelorMittal has decided to focus on mining due to stronger outlook than steel.
Do you think ArcelorMittal's strategy makes sense in long term? Don't you think iron ore may also see oversupply in coming years?
Let us know you valuable opinions. [ less... ]
ArcelorMittal's stock is down about 40% in last one year thanks to weak steel demand. ArcelorMittal has decided to focus on mining due to stronger outlook than steel.
Do you think ArcelorMittal's strategy makes sense in long term? Don't you think iron ore may also see oversupply in coming years?
Let us know you valuable opinions. [ less... ]
Mining to boost ArcelorMittal?
ArcelorMittal's stock is down about 40% in last one year thanks to weak steel demand. ArcelorMittal has decided to focus on mining due to stronger outlook than steel.
Do you think ArcelorMittal's strategy makes sense in long term? Don't you think iron ore may also see oversupply in coming years?
Let us know you valuable opinions.