Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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Strategic prospects for steel and aluminium in the global automotive sector

The automotive market is experiencing dramatic changes now, which will have important implications for both the steel and aluminium industries going forward.

Fastmarkets MB have published a timely study, Strategic prospects for steel and aluminium in the global automotive sector which will look at steel grades usage vs key aluminium alloys, as well as other competing materials (including plastics, magnesium, copper, lead, glass, rubber etc.) across all vehicle component types including the body, closures, chassis and powertrain. 

This will all have important implications to the evolution and trends of future steel and aluminium price forecasts out to 2024 by major automotive grades for key application – featured exclusively in this comprehensive study.

Supported by our vehicle forecast by type by major global country, this study will also investigate and evaluate in detail how global demand for various steel grades will evolve for over 25 countries including: Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, India, Indonesia, Iran, Italy, Japan, Malaysia, Mexico, Netherlands, Russia, Saudi Arabia, South Africa, South Korea, Spain, Thailand, Turkey, UK, USA.

This will include IF steel, HSS, AHSS, UHSS, as well as emerging grades such as CP, DP, TRIP, martensitic etc.

The report will provide unique insight into pricing for the automotive sector supply through an understanding and decoding of the pricing structures and uplifts for specific automotive products. This study is the first of its kind and is required reading for all metal industry professionals that have interest in current forward business planning relating to the global automotive sector. 

Key questions addressed in this study include:

• How will future demand for vehicles be translated into the key automotive materials by major grades, products and vehicle types?
• What is happening in terms of material substitution now – will steel or aluminium win the battle, or is there room for both?
• Who has the market power now, and for the future – the automotive material suppliers or the automotive companies?
• Where is the future value added in supplying steel/aluminium to the automotive sector?
• What does the future hold for automotive steel prices by grade/application?
• What is the emerging role of magnesium and how will this affect steel and aluminium demand?

For more information please call +44 (0) 20 7779 8260 or email us.
If you are in the Asia / Pacific region please call +65 62 382 139.
If you are in the Americas please call +1 312 366 2541

Other relevant Fastmarkets MB services include:

- Aluminium Market Tracker
- Steel Market Tracker
- Steel Raw Materials Market Tracker 
- The Global Steel Cost Service