Will Arcelor Mittal's price hike impact Tata Steel?

摘要

JP Morgan believes that a likely price hike of flat products by ArcelorMittal will be very positive for Tata Steel's European operations, while some analysts beg to differ. Quoting sources, Steel Business Briefing on Fridayreported that ArcelorMittal could raise prices for June shipments. JP Morgan believes such a development would be positive for Tata Steel as it implies that steel prices in Europe have started to move up.