World News: 19:00 GMT Monday 11th February 2019. [Applied Value Group via Businesswire via SPi World News]
The Steel Report is a quarterly publication that the Applied Value Group provides for existing and prospective clients. The Applied Value Group is not a market analysis firm, but rather a top management consultancy with extensive experience assisting clients in raw-material consuming industries achieve cost and capital efficiency through strategy and operations projects implementing significant ROI.
The Steel Report is a consolidation of market analysis and our viewpoints based on work we are doing with our global clients across many industries from construction to automotive to white goods. Its contents include in-depth analysis and insights on the development of the US, European and Chinese steel markets as well as forward-looking market drivers and a six-month forecast. The report focuses on Flat Steel, but also covers Plate, Stainless, Bar, Wire Rod and Tin Plate market trends. Each report also contains a special section, which deep dives a different key topic each quarter and a stock market section, providing insight into financials of global steel mills.
Q1 2019 Steel Report Overview
NA steel prices continued to plunge in Q4 2018 and have now reached pre-tariff levels, correcting from the inflated run-up during 2018. Chinese and European prices have also seen downward movement, posting 15% and 6% Q4 reductions, respectively. Overall expectations are for a weak Q1 2019 as global demand & economic uncertainty are continuing to drag prices down. As section 232 tariffs continue in the US, the European Commission has formally ratified (as of January 2019) a 25% safe guard tariff on steel products that exceed import quotas established in the investigation process.
About The Applied Value Group
The Applied Value Group combines Management Consulting, Investments, and Social Entrepreneurship. Founded on a combination of entrepreneurship and cost and capital efficiency in 1997 by Bruce Grant and Jan Stenbeck, Applied Value operates out of offices in New York, Stockholm, and Shanghai.
Business Wire: 19:00 GMT Monday 11th February 2019
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