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ArcelorMittal’s output of crude steel decreases in Q2

3 Aug 2020 16:28 reported by Jordan Huang

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According to the announcement from ArcelorMittal, a global leading steelmaker, its output of crude steel this second quarter was around 14.4 million tons, decreased by 31.7% month on month, and 39.4% year on year.

Moreover, the total crude steel output of ArcelorMittal in the first half of this year was around 35.5 million tons, decreased by 26% year on year.

The main reason for this performance was caused by the Covid-19 epidemic outbreak from the beginning of this year, which caused some of the mills to suspend temporarily.

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