Steel Manufacturers Increase Capital Spending in 2017

SUGAR LAND--May 26, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--In January, Industrial Info hosted a webinar regarding the 2017 Global Outlook for the Metals & Minerals Industry. At that time, Industrial Info was tracking $133.3 billion in active steel mill projects globally scheduled to begin construction in 2017. Currently, that number has fallen to $83.7 billion, as $49.6 billion worth of projects have been pushed out to future years, cancelled or placed on hold. Within this article: Details of steel mill project activity in 2017. Additional companies: ArcelorMittal S.A.'s (NYSE:MT)