The IISI published its short range outlook October 8. Here’s the link. It’s not available in any better form than a PDF, but that’s attached, IISI Short Range Outlook 10/8. The summary table is shown below:
- Table 1: Short range outlook for apparent steel use (2006-2008) in ‘000 of tonnes
| Regions |
2006
|
2007
|
2008
|
% 05/06
|
% 06/07
|
% 07/08
|
| EU-27 |
184.9
|
192.2
|
195.0
|
11.4
|
4.0
|
1.4
|
| Other Europe |
27.2
|
29.3
|
31.0
|
11.0
|
7.8
|
5.7
|
| C.I.S. |
50.0
|
59.8
|
65.2
|
18.1
|
19.5
|
8.9
|
| N.A.F.T.A. |
155.7
|
148.1
|
153.9
|
11.5
|
-4.9
|
4.0
|
Central and
South America |
35.6
|
39.5
|
41.6
|
11.8
|
10.9
|
5.2
|
| Africa |
23.1
|
25.1
|
27.5
|
11.4
|
8.9
|
9.5
|
| Middle East |
37.3
|
40.4
|
43.4
|
9.8
|
8.4
|
7.5
|
| Asia (inc. Oceania) |
607.2
|
663.2
|
721.1
|
6.2
|
9.2
|
8.7
|
| Regions |
2006
|
2007
|
2008
|
% 05/06
|
% 06/07
|
% 07/08
|
| World |
1,120.9
|
1,197.7
|
1,278.6
|
8.8
|
6.8
|
6.8
|
| BRIC |
457.8
|
516.6
|
573.9
|
9.8
|
12.8
|
11.1
|
| Rest of the World |
763.5
|
799.6
|
834.8
|
8.7
|
4.7
|
4.4
|
Lots of people involved in the steel industry have access to steel pricing information to follow trends in the industry or to drive their own steel selling or buying decisions. There are at least seven well-known publishers of steel prices. Their steel industry experts survey steel buyers and sellers, analyze the data, and come up with a market price. But beware taking these prices at face value. If you take a close look at the prices and compare the prices supplied by different companies, you may be surprised. And now that pricing systems are being developed to support price discovery in the exchanges launching steel futures, we ask ourselves what these prices really mean, what specific products they are referring to and how accurate they are.
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Here are the Steel Dynamics files relating to the Omnisource scrap processor acquisition. There’s a PDF file: SDI-Omnisource and there’s an audio file from the conference call on October 2, 2007.
It’s a full hour: SDI’s OMNISOURCE Acquisition Podcast
A senior steel industry manager who had just been offered a promotion to head office was reflecting on his choice. Looking for guidance, he asked a colleague for advice. ‘Just add value,’ was the terse reply. His implication of course was that corporate ‘overhead’ usually doesn’t. His deeper implication was that real value is only added in the operating units. In the new world of the steel industry, that bias could be costing steel companies growth and performance.
Steel industry employees have long been suspicious of corporate headquarters – with good reason.
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Here’s some of the largest steel company data from Metal Bulletin. Just click on the link below to be taken to a full version of the spreadsheet snapshot shown here.
EditGrid Spreadsheet by user/jasmo58.
