ArcelorMittal: 2010 global steel demand will rise 10 percent

Mittal said that apart from China, the global construction industry is still weak, but the strength of the recovery of the automotive industry is stronger than expected. Said that as a whole, although the market consumer demand for steel is lower than in 2008, but demand is gradually warmed up.

Arcelor Mittal said, has a the end of the quarter, the company's capacity utilization rose to 72 percent, and plans to reach 80% in the second quarter of 2009 a quarter of the capacity utilization is about 45%.

Arcelor Mittal (of ArcelorMittal) 29, the global steel demand in 2010 is expected to rise 10 percent, closer to the pre-crisis levels, due to the emerging market-driven World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor .

However, the company's first financial officer in a quarterly earnings report conference call, the Aditya Mittal, steel demand in developed countries is still below the 2008 level of 20-25% World Pipe network informed.