Mittal Lakshmi Forecast

The head of the Steel Concern ARCELORMITTAL of the world's largest metal distribution manufacturer Lakshmi Mittal believes that the world steel -steel industry is unlikely to be expected, since significant enlargement has already occurred in the industry, if not taking into account China, reports AFP. The site of the Nizhny Novgorod metal -engineer "Metalstroykomplekt" http://mckkom.ru/ quotes L. Mittal - "I think that the steel industry is well consolidated outside the boundaries of China." According to the forecast of L. Mittal, after 4-5 years, developing countries will control most of the world steel production. “Three years later, the euro and dollar economies will return to the pre -crisis level, but I really do not foresee serious growth here, although the developed countries will remain leaders in the field of new technologies and industrial products,” Lakshmi Mittal emphasized.