ArcelorMittal shuts plant expect demand to drop in 2012

. ArcelorMittal the largest steelmaker in the world is shutting down one of its production plant.
. Economist can forecast, Analyst can predict
. But nothing speaks louder than actions of businesses and corporations.
. They are the true barometer of the economy
. As they are directly responsible for the life & death issues of their company.
. They are players.
. Construction and Automakers are the 2 major consumer of steel
. Construction's growth is expected to decline sharply from 6 to 2.
. Automakers is still below crisis level.

http://www.reuters.com/article/2011/10/15/us-g-idUSTRE79C74G20111015?feedType=RSS&feedName=topNews