January 2003
U.S. Industry Quarterly Review: Metals;2003 1st Quarter, p51
Industry Profile
Industry Overview
The article presents statistical information on metals. Some of the metals analyzed are steel, galvanized sheet, nonferrous metals and nickel. Steel supply is modestly in surplus, although balance is quickly being restored. Galvanized supply is plentiful and only close control of shipments prevented excess inventory. Galvanized sheet supply is mixed. Hot-dipped sheet supply rose in 2002 on the back of imports, while electro-galvanized fell, with flat imports and falling domestic shipments. Strength in stainless steel production is boosting global nickel consumption, which was up by more than 10% for 2002 through October. This strength, however, does not appear to be sustainable and there is expectation of consumption growth of 2.0% or less in 2003.


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