ArcelorMittal Positive On The Medium/Long-Term Steel Demand Outlook; Expects 2024 Capex To Remain Within $4.5B-$5B
ArcelorMittal Positive On The Medium/Long-Term Steel Demand Outlook; Expects 2024 Capex To Remain Within $4.5B-$5B
Outlook
外表
Overall economic sentiment remains subdued with customers maintaining a "wait and see" approach with no restocking yet apparent. Nevertheless, sentiment appears to have reached a floor and given the low inventory environment (particularly Europe) as soon as real demand begins to gradually improve, apparent demand is expected to rebound.
整体经济景气仍然低迷，客户保持 “观望” 的态度，目前还没有明显的补货。尽管如此，市场情绪似乎已达到最低水平，鉴于低库存环境（尤其是欧洲），一旦实际需求开始逐步改善，表观需求预计将反弹。
The Company continues to forecast World ex-China apparent steel consumption ("ASC") to grow +3.0% to +4.0% in 2024, including: +1.5% to +3.5% in US; +2.0% to +4.0% in Europe; +0.5% to +2.5% in Brazil and +6.5% to +8.5% in India.
该公司继续预测，到2024年，除中国以外的世界钢铁表观消费量（“ASC”）将增长3.0％，至+4.0％，其中包括：美国增长1.5％至+3.5％；欧洲增长2.0％至+4.0％；巴西增长0.5％至+2.5％，印度增长6.5％至+ 8.5％。
The Company remains positive on the medium/long-term steel demand outlook and believes that it is optimally positioned to execute its strategy of growth with capital returns.
该公司对中长期钢铁需求前景仍然乐观，并认为自己处于执行具有资本回报的增长战略的最佳地位。
Capex in 2024 is expected to remain within the $4.5-$5.0 billion range (of which $1.4-$1.5 billion is expected as strategic growth capex).
预计2024年的资本支出将保持在45亿至50亿美元之间（其中14-15亿美元预计为战略增长资本支出）。