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.
整體經濟景氣仍然低迷，客戶保持 “觀望” 的態度，目前還沒有明顯的補貨。儘管如此，市場情緒似乎已達到最低水平，鑑於低庫存環境（尤其是歐洲），一旦實際需求開始逐步改善，表觀需求預計將反彈。
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.
該公司繼續預測，到2024年，除中國以外的世界鋼鐵表觀消費量（“ASC”）將增長3.0％，至+4.0％，其中包括：美國增長1.5％至+3.5％；歐洲增長2.0％至+4.0％；巴西增長0.5％至+2.5％，印度增長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.
該公司對中長期鋼鐵需求前景仍然樂觀，並認爲自己處於執行具有資本回報的增長戰略的最佳地位。
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).
預計2024年的資本支出將保持在45億至50億美元之間（其中14-15億美元預計爲戰略增長資本支出）。