We have an unchanged view of the positive outlook for North American demand and prices for galvanised products. Demand has been given momentum by the automotive sector, where improvements in sales volumes and low automobile inventories (as car and parts companies sought to maximise cash and minimise working capital) will keep car output rates elevated through the fourth quarter of this year; while reduced steel through the supply chain will keep order levels back to steel mills at high rates as well.
展开▼