Czech Republic Metals Report Q1 2013

  • ID: 2373661
  • January 2013
  • Region: Czech Republic
  • 46 pages
  • Business Monitor International
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  • ArcelorMittal
  • Company Profiles
  • ┼Żeleziarne Podbrezová
  • MORE

BMI's Czech Republic Metals Report for Q1 2013 assesses the impact of the eurozone crisis on steel output in the months ahead, as well as how it will influence corporate growth and risk management strategy over the medium term. The report also examines steelmakers' responses to domestic industrial trends, particularly in the context of falling exports and the impact of a sluggish construction industry on long steel output.

In the first 10 months of 2012, Czech crude steel output declined by 7.1% year-on-year (y-o-y) to 4.33mnt. Monthly output was volatile throughout the period, in line with market uncertainty. It peaked at 487,000 tonnes in May but fell to 360,000 tonnes by October. Due to its external vulnerabilities, the Czech steel industry has been unfavourably affected by the economic downturn across Europe, which has hit heavy industry and construction. The temporary shutdown of Evraz's steel production line in the Czech Republic, Evraz Vitkovice Steel, in October had an impact on BMI's estimated crude steel output for 2012, which was revised down from 5.25mnt to 5.08mnt. Poor performance in 2012 wipes out the gains made in 2011. Evraz's decision was made due to low demand READ MORE >

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  • ArcelorMittal
  • Company Profiles
  • ┼Żeleziarne Podbrezová
  • MORE

Executive Summary 5

SWOT Analysis 7
Table: Czech Republic Business Environment SWOT 7

Europe Metals Overview 8

Steel 9

Aluminium 12

Industry Forecasts 14
Table: Czech Republic's Steel Industry Forecasts ('000 tonnes, unless otherwise stated) 15
Table: Czech Republic's Steel Industry Historical Data ('000 tonnes, unless otherwise stated) 16

Macroeconomic Outlook 17

Return To Economic Growth In 2013 17
Table: Czech Republic - Economic Activity 19

Commodities Forecast 20

Monthly Metals Update 20

Iron Ore: Temporary Resilience 22

Steel: No Sustained Recovery 24

Aluminium: Resistance To Be Tested 26

Copper: Chinese Stockpiles Present Downside Risk 27

Lead: Range-Trade Ahead 28

Nickel: No Return To 2012 Highs 29

Tin: Continued Outperformance 30

Zinc: Little Room For Optimism 31
Table: Select Commodities: Performance & BMI Forecasts 32

Steel To Average US$360/tonne In 2013: Short-Term View 33
Table: Steel Forecast 33
Table: Steel Forecasts, 2007-2014 39

Competitive Landscape 40

Company Profiles 41

ArcelorMittal 41
Table: ArcelorMittal - Key Financial Data 43

Železiarne Podbrezová 44

BMI Methodology 45

How We Generate Our Industry Forecasts 45

Cross Checks 45

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Company Profiles
Železiarne Podbrezová

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