BBA: STEEL INDUSTRY IS LIKELY TO RECOVER IN LONG-TERM
•The economy of China seems to be recovering from crisis and the manufacture is experiencing growth. The demand on steel is expected to stabilize in mid-term. This will have a positive influence on companies involved in the global steel industry. We believe that in the nearest three years the global steel industry will not only recover but also may slightly grow. However, in short-term the market is likely to be unstable because of uncertainties in global world economy and consumer’s demand.
Read more in following report:
Ferrexpo (FXPO), Comment on FXPO`s Latest Events, Forecast on Growth and Risk 10/14/09
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•The economy of China seems to be recovering from crisis and the manufacture is experiencing growth. The demand on steel is expected to stabilize in mid-term. This will have a positive influence on companies involved in the global steel industry. We believe that in the nearest three years the global steel industry will not only recover but also may slightly grow. However, in short-term the market is likely to be unstable because of uncertainties in global world economy and consumer’s demand.
Read more in following report:
Ferrexpo (FXPO), Comment on FXPO`s Latest Events, Forecast on Growth and Risk 10/14/09
Subscribe here to get full access to all our reports for €15 / $20 per month
