If the health of a nation’s steel industry is a test of economic wellbeing, investors have more than minute gains in European output numbers to feel optimistic about. Most steelmakers, from Tata Steel to ArcelorMittal, posted better results in their most recent quarter. However, this was more to do with cost-cutting and seasonal trends than a sign that the world’s steel industry is back to fighting strength.
如果說一個國家的鋼鐵行業形勢可以作為判斷該國經濟運行狀況的依據,那么,歐洲經濟產出數據的小幅增長還不足成為投資者樂觀的理由。大多數鋼鐵生產商——從塔塔鋼鐵(Tata Steel)到安賽樂米塔爾(ArcelorMittal)——的最新季報都好于上年同期,但這更多與成本削減和季節性趨勢相關,并非世界鋼鐵行業重新獲得了戰斗力。
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