US steel exposure to automotive: friend or foe?
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Domestic sales drive vehicle production
- Outlook for sales is uncertain
- Vehicle production increasingly shifting south
- Downsizing and lightweighting is another factor to consider
- Long term automotive steel demand to ease in the US
- A race to gain market share in a shrinking market
- Exposure to the automotive sector has its advantages
- Automotive steel seems to be less exposed to import pressures
- The past is not necessarily a good guide for the future
- Oversupply of automotive grade steels will erode price premiums
- Success will be increasingly difficult to come by
Tables and charts
This report includes the following images and tables:
- The current vehicle fleet is in a need of an update
- US steel exposure to automotive: friend or foe?: Image 4
- Examples of producer and dealer incentives
- AK Steel has the largest exposure to the automotive sector
- Large steelmakers dominate the automotive market
- AK Steel's realised prices have been supported by automotive
- but the impact on profitability is not immediately evident
- HDG price premium compared to CR coil
What's included
This report contains:
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