After 2019 that was overshadowed by a substantial drop in demand for steel amid the U.S-China trade confrontation and uncertainty spawned by it, Luxembourg-based ArcelorMittal (MT), one of the leaders of the grey metal industry, encountered much more aggressive headwinds in 2020. The supply-demand imbalance amid the economic turmoil across the globe induced by the pandemic sent its first-quarter revenue plunging. Despite some recuperation of economic activity in the world that we have been watching closely this May, Q2 and full-year results will likely be lackluster, as analysts are forecasting the 2020 revenue