@ 01.03.14 – 11:24:59
@ 12.01.14 – 21:25:01
Did you know that we can assist with assessments of steel demand? If you are interested in the size of a steel market in any particular country or region, our experts can assess production, import and export volumes, and provide you with a view of apparent consumption.
Often, we can consider the segmentation of steel demand as well, and provide considered estimates of demand growth in future years.
Steel price evaluations today and tomorrow can be provided also.
This sort of steel markets work often helps clients who with to consider current or future market share; or predict future sales volumes or revenues for steel - covering flat, long or tubular steel products.
For further information, why not visit us at http://www.steelonthenet.com/statistics.html ?
Dr Andrzej M Kotas
@ 13.12.13 – 15:19:26
Global steel demand growth according to OECD is expected to remain moderate in 2013 and 2014.
According to a statement from Chairman Risaburo Nezu, in the first three quarters of 2013, global steel production reached 1,582 million metric tonnes (mmt) in annualised terms, representing an increase of 2.7% compared to the first three quarters of 2012. Chinese steel production increased by 8% year-on-year in the first three quarters of 2013, reaching a new all-time high of 783 mmt in annualised terms. In the rest of the world, steel production was 798 mmt in the first three quarters of 2013 (annualised), down 2% year-on-year.
The OECD Steel Committee further considers that excess capacity is weighing on the current and future economic health of the global steel industry. Chairman Nezu further added that excess steelmaking capacity, the economic health of the steel industry, and steel market openness are inter-linked. Concerns have been raised in the Steel Committee that trends in these three dimensions may have become worse since the global financial crisis of 2008. Excess capacity has reached very high levels, the industry’s financial situation is weak, and trade protectionist measures seem to be increasing.
Steel trade and policy developments are also an issue for OECD. According to the Committee, global excess capacity, low prices and profitability have led to a variety of trade restrictive measures including frequent recourse to safeguard measures, thereby adversely affecting the openness and dynamism of global steel markets. OECD members noted that subsidized trade and dumping practices appear to be increasing. As a consequence, countries are responding with trade remedy actions which are legitimate measures to counter-act unfair trade provided they are compatible with WTO rules. Some OECD members noted that the abuse of these measures should be avoided, according to Mr Nezu. Moreover, raw material export restrictions on steelmaking materials are becoming increasingly sophisticated, such as combinations of export restrictions with certain localisation requirements.
For discussion of further issues by OECD including policies to promote energy efficiency, see http://www.oecd.org/sti/ind/75thsessionoftheoecdsteelcommittee.htm
@ 13.09.13 – 10:51:56
The Steelonthenet.com editorial team has launched a free Steel News Digest news report.
The News Digest is published daily. Readers may access the News Digest at http://digest.steelonthenet.com. The Digest can also be sent by email, to any subscribers that register. News reports, topical video clips, popular Twitter hash tag comments and more are brought to you daily by our steel industry reporting team.
Why not check it out now - click on Steel News Digest.