2006-11-04 23:17:42 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Supply side:
Production capacity expansion (especially the Chinese, who make up about 90% of marginal capacity)
Other capacity expansion (e.g. Brazil).
M&A activity (e.g. Mittal-Arcelor, Tata)
Demand side:
Construction demand (largely infrastructure)
Automobile demand
General industrial demand (i.e. steel demand has fairly broad base after construction and autos).
Inputs:
Iron ore prices
Energy prices
Coaking coal prices
Dry-bulk shipping rates (see Baltic Dry Index)
Political:
Tarrifs
Quotas (rumblings over Chinese dumping)
Subsidies
Taxes
Pollution/carbon emission controls
Geographic:
Labor pool situation
Weather, war, localized disruptions
2006-11-05 02:29:44 · answer #1 · answered by csanda 6 · 0⤊ 0⤋
Availability of cocking coal
Availability of iron ore
Availability of land for above two
Government policies regarding [1] taxes [2] labour [3] land
Technological changes
Transport facilities
Quality, reliability
2006-11-05 07:59:52 · answer #2 · answered by deepak57 7 · 0⤊ 0⤋
People stop using steel
2006-11-05 07:19:39 · answer #3 · answered by evolutionf330q 2 · 0⤊ 0⤋