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In the United States the automotive industry is a major consumer of steel. We estimate that 25-30% or 25-30Mt of steel is used in this sector annually. Almost half of this is linked to the passenger vehicle market, which includes cars, wagons, pick-up trucks and SUVs. The automotive sector is important not only because of its size but also because it has been the only sector that to date has returned to and exceeded pre-crisis consumption volumes...
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US steel exposure to automotive: friend or foe? PDF - 670.46 KB 7 Pages, 1 Tables, 9 Figures
Description
This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.
Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.
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Insight | Nov 2015
US steel exposure to automotive: friend or foe?
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