This update gives our revised view on steel market fundamentals.
Our forecasts of global steel demand are little changed from our interim update published in December, with a combination of faltering growth in key emerging markets and steady, but by no means smooth, recovery in the developed markets remaining the key themes on the demand side.
While China has had a jittery start to the year in terms of sentiment, we remain broadly positive on the medium and long term growth story...
This report includes 2 file(s)
Global steel long-term outlook Q1 2014 PDF - 2.29 MB 39 Pages, 5 Tables, 36 Figures
SMS LT Q1 2014(V2.8).xls XLS - 1.96 MB
As global demand weakens and commodity prices fall, we're seeing a challenging environment in the metals and mining industry. Mining companies are increasingly coming under pressure to reduce operating costs, causing many to shift their strategic planning, delay new investments and look to long-term future growth.
This Steel Long Term Outlook report provides a detailed breakdown of global supply and demand balances in this market, as well as price forecasts.
Mining companies, investment banks and investors can use this report to understand the future direction of the ferrous and base metals market. It will also help you assess the impact of key industry issues and events on market balances and pricing.
From acquisitions to investments, Wood Mackenzie helps you plan, forecast and benchmark in the metals markets. Our proprietary database and analyst expertise combines robust production, consumption and pricing data with detailed analysis to identify market opportunities.
We give you a holistic view of the ferrous and base metals markets so you have the confidence to make strategic decisions.
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Commodity market report | Mar 2014
Global steel long-term outlook Q1 2014
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