Research

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

Change font size:   

January 2020 | Steel Forecaster


2020 turnaround for Asian coaters is required and realistic: International Flat Product Market Analysis


In China, where the automotive market is a proportionately small end user for steel at under 10% (less than 60Mt per year) according to Cisa, it has still been a significant drag on overall coated demand in recent years.

After another miserable year for coated steel suppliers across Asia, 2020 is forecast to be much better, so long as demand revives and substrate costs continue to ease as we expect. Coated steel consumption in Asia is driven by many different end-user industries, though it is clear that the output of certain coated-containing goods pulls a country’s demand more than other end uses. For example, within Asia, electrical machinery is arguably more important in Vietnam whereas automotive production is more critical in Japan. For the region as a whole, it is the automotive...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?