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StatusquoandprospectsfortheworldstainlesssteelindustryShorttomediumrangeoutlookPeterKaumanns,DirectorofEconomics&Statistics,ISSFEmailaddress:Kaumanns@iisi.com.beAbstractThissecondISSFpaperconcentratesonISSF’sworkregardingstatisticalanalysis,high-lightingactualandfuturemarketdevelopment.Thepaperexplains“stockcycles”,andhowstockcyclesinfluenceshorttermdemand.Examplesaregivenforcoldrolledflatproducts–showingdifferencesbetweendifferentareasoftheworld.Thepaperpresentsashortandmediumtermoutlookforthegeneraleconomy,withaspecialviewonChinaandhowthestainlesssteelindustryinChinamaydevelopbasedonthiseconomicoutlook.Theglobalstainlesssteelindustry’sreactiononrawmaterialsupplyshocksisalsoillustrated.Inthiscontextnotonlythedemandside,butalsothesupplysideisdemonstrated:willtheglobalstainlesssteelmakingcapacitybesufficienttomeetfuturedemand–oristhereariskofover-capacityinthenearfuture?ThepaperincludesaviewonthecapacitydevelopmentinChinaandelsewhere,anditforecaststheimpactthismayhaveontheglobalstainlesssteelindustry.WillChinastilldependonimportedstainlesssteel,orwillChinabecomeanetexporter?Whichmightbetheconsequencesintermsofindustryre-structuring?WillAsiafollowtheconcentrationpatternintheAmericasandEurope?
本文标题:32-abstract-Status quo and prospects for the world
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