Flat Product Analysis

摘要

Supply: US steelmakers have to calculate whetherthe market will sustain prices at a level that will cover exceptionally high raw materials costs, when all the signs are that current price levels are due to strict restraints on production and relatively low imports. EU higher end steel producers serving rising manufacturing output can be expected to maximise output, butthe parlous state of the construction sector will continue to deter mills increasing low-end output. There is not likely to be a rush of additional imports in the face of current economic and currency uncertainties, especially as demand is strong in the main sources of imports. China determines Asia'soverall production growth rate; steady expansion butslowerthan inthe past, is indicated.