ArcelorMittal sees slow growth for US steel industry

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Publish time: 3rd December, 2012      Source: ChinaCCM
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One official from ArcelorMittal USA said recently that he sees positive growth of steel industry in the next few years in slower rate, and the US market is holding against import, and resulting in more exports.

He indicated that the main support for the growth is the pent-up demand for new vehicles, significant growth in the energy pipe and tube market and the better infrastructure work.

While, the official said people need to buy vehicles, appliance and houses, which is very important for the country's economic recovery.