ArcelorMittal Galati: Romanian Steel Market, Still The Most Challenging In Europe

04.25.2014 By Adrian Cojocar

ArcelorMittal Galati, Romania’s largest steelmaker, controlled by Indian billionaire Lakshmi Mittal, halved its losses last year against 2012, when it reported a minus of 231 million lei (EUR53 million), but the company’s management does not expect a demand pickup and sees this year’s output at 1.7 million tons of steel, similar with 2013 level.

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