Thursday, 3 October 2013

United Kingdom Metals Report Q4 2013

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United Kingdom Metals Report Q4 2013
Oct 2nd 2013, 00:00

Price: $ 1295  

BMI View: We forecast a modest recovery in the UK steel industry. In line with European counterparts, the UK metals industry has been rocked by low profitability that has led to capacity reductions and disinvestment. However, the worst is probably over for the UK, as slightly stronger domestic demand and recent investment from international firms such as SSI and TATA Steel should arrest the slide in sector fortunes. We expect the UK autos industry to provide a much needed boost to domestic steel demand, as both vehicle demand and production continue to recover. However, conditions for firms in the steel industry will remain challenging due to a combination of low output prices, high input costs, regulation and weak external demand for UK steel exports. Opportunities for local firms exist in ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/279724.html

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