| Author (Person) | Marsh, Peter |
|---|---|
| Series Title | Financial Times |
| Series Details | 9.7.12 |
| Publication Date | 09/07/2012 |
| Content Type | News |
|
article reported that ArcelorMittal refused in the summer of 2012 to rule out further site closures in Europe as the global steel industry entered what some observers feared could be a five-year spell of overcapacity linked to signs of a severe slowdown in demand and consumption in China. The unwillingness of the world’s biggest steelmaker to reaffirm previous pledges that it would keep its main European factories open sparked speculation that it might be preparing to announce permanent shutdowns of some of its smaller production units on the continent. |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
