http://nz.biz.yahoo.com//091106/24/fj5m.html
Research and Markets (http://www.researchandmarkets.com/research/8a02f3/japan_metals_repor)
has announced the addition of the "Japan
Metals Report Q4 2009" report to their offering.
Japan Metals Report provides industry professionals and strategists,
corporate analysts, metals associations, government departments and
regulatory bodies with independent forecasts and competitive
intelligence on Japan's metals industry.
Japanese metals producers saw the market downturn ease in Q209 and Q309
as destocking was completed and demand revived with month-on-month
(m-o-m) growth, but BMI's latest Japan Metals Report warns that
over-capacity in Asia with massive growth in Korean capacity could
thwart a full recovery to prerecession levels in the near term.
The Japanese economy emerged from recession in Q209, but domestic demand
remains weak and there is uncertainty over whether an export recovery
driven by global government stimulus efforts is sustainable. In the
first eight months of 2009, Japanese crude steel output was down 36.0%
y-o-y to 52.66mn tonnes. As BMI predicted in our previous quarterly
report, the trend in crude output is upward, with no cuts expected in
H209. In August output was up 8.5% m-o-m to 8.31mn tonnes, 51.6% up over
the low-point seen in February, indicating that the industry was making
a steady recovery. However, output was still down 18.3% year-on-year
(y-o-y) in August, demonstrating that the industry was far from
returning to pre-recession levels.
Strengthening Asian demand as a result of government stimulus spending
has provided a short-term boost to steel exports. However, with export
markets accounting for 40% of Japanese steel exports and Asia comprising
75% of exports, rapid steel capacity expansion in the region, led by
South Korea, is a significant threat to Japanese mills. Automotive sheet
steel and shipbuilding plate are the two areas where the country's
competitors are likely to cause the most problems due to the slump in
both sectors as the Korean market becomes less dependent on imports from
Japan.
Key Topics Covered:
Executive Summary
SWOT Analysis
Global Metals Market Overview
Regional Overview
Industry Forecast Scenario
Macroeconomic Outlook
Competitive Landscape
Company Profiles
Global Assumptions
BMI Methodology
Companies Mentioned:
Nippon Steel Corporation
Sumitomo Metal Industries
For more information visit http://www.researchandmarkets.com/research/8a02f3/japan_metals_repor
Contact:Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comU.S.
Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
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