Is Steel Barreling Into 2013?

What path will the steel market take in 2013?

Taylor Muckerman
Taylor Muckerman and Joel South
Feb 7, 2013 at 2:00PM
Energy, Materials, and Utilities

On Wednesday, ArcelorMittal (NYSE:MT) reported its full-year results. While investors were dealt a net loss for the year, they can take solace in the fact that $4.3 billion in non-cash goodwill impairment had a lot to do with turning $7.1 billion in EBITDA into an eventual loss. Its 2012 results, however, weren't the only thing Motley Fool energy and materials analyst Taylor Muckerman was concentrating on. In a down market for steel, it's time to concentrate on trying to determine when things might pick back up. Within its conference call and presentation, ArcelorMittal provided some hints on where it thinks the market is headed. Check out the video below for some signs that could point you in the right direction.