Poland Metals Report Q3 2012
- Language: English
- Published: July 2012
The Poland Metals Report provides industry professionals and strategists, corporate analysts, metals associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Poland's metals industry.
BMI's Poland Metals Report for Q4 2012 examines how trends in external markets as well as domestic manufacturing, particularly the automotive sector, will influence production of steel, copper and lead. It assesses how producers are responding to the short-term depreciation of the zloty as well as long-term issues of resource supply and the latest developments in investment and corporate strategy.
In the first seven months of 2012, Polish crude steel output grew 3.4% y-o-y to 5.3mn tonnes (mnt),
which continued the trend seen in 2010 and 2011 when production rose 12.1% and 10.0%, respectively.
Growth rates are falling as domestic consumption and fixed investment failed to make up for the expected shortfall in exports, which were still below 2008 levels in 2011. Growth has been stimulated by the competitiveness of Polish steelmaking, shored up by a weak zloty against the euro that has enabled the industry to compete effectively
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Executive Summary 5
SWOT Analysis 7
Poland Business Environment SWOT 7
Europe Metals Overview 8
Steel 8
Aluminium 11
Industry Forecasts 14
Steel 14
Table: Poland – Steel Industry Production & Consumption ('000 tonnes, unless otherwise stated) 15
Table: Poland – Steel Industry Historical Data ('000 tonnes, unless otherwise stated) 16
Copper 17
Table: Poland – Refined Copper Consumption & Production ('000 tonnes, unless stated otherwise) 18
Lead 19
Table: Poland – Refined Lead Consumption & Production ('000 tonnes, unless stated otherwise) 20
Macroeconomic Outlook 20
Eurozone Crisis Weighs On Growth Into 2013 20
Table: Poland – Economic Activity 22
Commodities Forecast 23
Steel Price Forecast – Steel To Average US$360/tonne In 2013 23
Table: Steel Forecast 23
Table: Steel Forecasts 29
Commodity Strategy – Monthly Metals Update 30
Aluminium: Support At US$1,800/tonne Likely To Hold 31
Copper: Relative Outperformer But Still Weak 33
Iron Ore: Don't Bet On A Sustainable Recovery 35
Lead: Potential For Short-Term Rally 37
Nickel: No Turnaround Coming 38
Steel: More Pain Ahead 39
Tin To Outperform 40
Zinc: Little Room For Optimism 42
Table: Select Commodities – Performance & BMI Forecasts 43
Competitive Landscape 44
Aluminium 44
Table: Poland – Aluminium Market 44
Steel 45
Copper 46
Energy 46
Company Profiles 48
ArcelorMittal 48
Table: ArcelorMittal – Key Financial Data 51
CMC Zawiercie SA 52
KGMH 53
Poland Metals Report Q4 2012
© Business Monitor International Ltd
Page 4
BMI Methodology 54
How We Generate Our Industry Forecasts 54
Cross Checks 54
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |