arcelormittal europe

Acerinox: After a strong correction, offers a 5% dividend yield

Weak demand forces ArcelorMittal to cut production in Europe

Renta 4 | Arcelor Mittal (MTS) has announced that it will reduce its production in Europe (50% of the total in Q119) due to demand conditions in the market. We are downgrading our forecasts, which already imply a significant fall in EBITDA in 2019 compared to 2018 (R4e -18%).