Global events have taken a turn for the worse since our last update, with geopolitical tensions and conflicts affecting a number of markets. However our main reasons for revising downwards our global demand forecast have been more related to a general shift in emerging market outlooks rather than the current global malaise. Overall we now expect global steel demand to grow by 1.9% this year, versus 3.5% in our last update.
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Global steel long-term outlook Q3 2014 PDF - 729.15 KB 40 Pages, 3 Tables, 37 Figures
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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.
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Commodity market report | Sep 2014
Global steel long-term outlook Q3 2014
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