Regional LP SteeS Outlook--Arab Steel Summit 2010

摘要

I think 2009 was not as bad as everybody expected. It wasn't a good year, but it was relatively much better than a lot of people thought, whether in financial markets, steel business, and even in the oil business. Most of the stock markets have recovered from the real-estate crisis, and that is an indication that the market is recovering from the situation, so most of the stock markets recovered worldwide. The 2nd half of 2009 was actually a recovery, even in regions severely affected, we saw that 2nd half we have positive growth and there's an indication that 2010 as many people expected will be the real recovery year, and we hope so too.