Market Research Report
A Strategic Five Year Market Outlook for the Southeast Asian Steel and Raw Materials Industry
|Published by||Metal Bulletin Research||Product code||312900|
Delivery time: 1-2 business days
|A Strategic Five Year Market Outlook for the Southeast Asian Steel and Raw Materials Industry|
|Published: May 1, 2014||Content info:||
"Metal Bulletin Research contains very insightful information on the steel industry from the emerging markets. I would positively recommend Metal Bulletin Research as a unique provider of steel and raw materials market analysis and forecasts."
Metals Business Strategy, SABIC
"MBR provides valuable market intelligence such as production statistics, forecast and pricing data. I would highly recommend this report."
Akira Nozaki, General Manager, Raw Materials Dept, Sumitomo Metal Mining Co Ltd
Despite a recent slowdown, equally typical for all regional economies, Asia's importance in global manufacturing has still brought the GDP growth rate of the composing economies above the double digit threshold, making it the second most rapidly expanding region globally. The Southeast Asian economy in particular has been gaining vast momentum in terms of both current and projected steel demand. In 2010 the national economies of the member states of the Asia Pacific Economic Cooperation (APEC) saw a dramatic economic rebound fuelled by US "quantitative easing" (QE) policies further emphasized by aggressive credit-driven construction and infrastructure development programmes spurring a hike in the demand for commodities. How sustainable is this longer-term and what will this mean to the regional steel industry
The Southeast Asian construction sector is set to grow on average 6% per annum out to 2020. Indonesia, Vietnam, Philippines in particular will have their construction sectors expanding faster than any time before as a result of governmental stimulus, on-going industrialisation and the expansion of the urban population. New regional emerging markets such as Bangladesh and Myanmar are expected to post strongest growth rates in the region.
However, the spectre of global steel over-capacity we currently face, rising trade protectionism, weak steel mill profitability, and greater market uncertainty surrounding China, has meant that strategic and market intelligence for the region has never been more important than it is today.
The future direction of the Chinese steel industry, its political and economic interactions with its neighbouring markets, and the internal prospects of each of the steel industries within Southeast Asia now suddenly requires much closer examination and potential re-assessment.
It is precisely why MBR has published this timely strategic long-term market study offering exclusive data, insights and expert support into the following:
The 'Boron Steel Loophole Phenomena' has had a significant impact on the region and analysing trade and consumption patterns not being accurately captured by more conventional data associations / agencies. Since 2010 Chinese producers use boron in their carbon steel products to by-pass customs duties and make their products more price competitive
It is precisely against this backdrop that MBR has produced a unique steel market study. This new report from MBR examines the steel and steel raw material industry in over 13 Southeast Asian countries giving you access to unprecedented on-the-ground market intelligence.
The new study, culminating in 6 months on-the-ground research, provides supply and demand balances for raw materials, long products, flat products, and provides a forecast for steel production, consumption and market prices out to 2020. It examines existing and potential producers and provides a critical analysis of likely developments in the region.
We have split our analysis on a regional and by country basis:
Japan, Indonesia, South Korea, Taiwan, Australia, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Myanmar, Laos and New Zealand.
Each country is analysed on a supply and demand basis by major raw material and steel product basis.
This is provided on an historical basis from 2008-13 and forecasts for 2014 to 2020. Regional summaries are provided, as well as analysis of steelmaking costs. Chapter 15 contains historic, current and forecast prices for major steel products and raw materials.
Total regional market breakdown by product size gauges
For each country the study offers the following coverage:
MBR detailed core operating cost data by major steelmaker and detailed price forecasts and analysis out to 2020