Research and Markets: Czech Republic Metals Report Q4 2009.DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/6c3e2e/czech_republic_met) has announced the addition of the "Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. Metals Report Q4 2009" report to their offering. Czech Republic Metals Report provides industry professionals and strategists, corporate analysts, metals associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Czech Republic's metals industry. European car scrappage schemes designed to boost the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. had only a modestly positive effect on Czech steel production, but were not sufficient to prevent further year-on-year (y-o-y) declines in Q209 or, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. BMI's latest Czech Republic Metals Report, enough to make more than a temporary impression. In H109, Czech steel production fell 43.1% y-o-y to 2.05mn tonnes, hitting a monthly low point of 295,000 tonnes in April (down 50.9% y-o-y). Capacity utilisation has been slashed across the steel industry, and comes on top of a 9.5% fall in volume to 6.39mn tonnes in 2008. Semis production fell by 10% to 5.6mn tonnes in 2008, with rolled products falling by 5% to 5.8mn tonnes according to figures produced by the Czech Steel Federation (HZ). In 2009, steel output in June totaled 386,000 tonnes, the highest monthly output since November 2008 and up 17% over May, although the overall production was still down 31.4% y-o-y. This was due in a large part to a boost to the car industry, and the fact that June had one more working day than the same month in the previous year. Total production of road vehicles in the Czech Republic in H109 fell by 11.3% y-o-y to 473,644 units across all categories. While the economic crisis has hit Czech carmakers badly, car scrappage programmes introduced in a number of European countries to incentivise consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. on cars has ameliorated the situation compared with Q209. BMI BMI body mass index. BMI abbr. body mass index Body mass index (BMI) A measurement that has replaced weight as the preferred determinant of obesity. believes the scrappage schemes have simply stalled the slump and as they come to an end in Q309, crude steel production will again return to their pre-scrappage levels of around 350,000 tonnes per month. On the upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside , signs of economic recovery in Germany, the Czech Republic's largest export market, provide hope of a turnaround in the industry's fortunes in Q4. Strong long-term demand should give domestic steelmakers hope for improved medium- to long-term performance. Yet, domestic steel consumers can easily source from neighbouring Poland and Slovakia, which means that Czech mills will be under pressure to compete, while export markets - particularly in East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. - are seeing a sharp rise in domestic steelmaking capacities at a time of moderating demand growth. With ArcelorMittal set to close its Ostrava operations, we do not foresee fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. a rapid return to prerecession levels. BMI forecasts that output will fall 32% to 4.43mn tonnes in 2009. Overleveraging in the steel industry will also be a major obstacle to industry expansion, making it difficult to persuade banks to finance new projects. By 2013, crude steel output will be down 4.1% compared with 2008 levels of 6.13mn tonnes, while hot rolled production will rise 0.3% to 5.23mn tonnes. Heavy sections output should recover momentum due to an expected increase in ship orders, with growth of 9.3% over 2008-13 to 494,800 tonnes, although a more competitive environment in supplies to the shipping industry could undermine the recovery in this segment. Rebar and wire rod a metal rod from which wire is formed by drawing. See also: Wire are set to be the key stimulants Stimulants A class of drugs, including Ritalin, used to treat people with autism. They may make children calmer and better able to concentrate, but they also may limit growth or have other side effects. Mentioned in: Autism of growth, rising 28.3% and 16.0% over the period, largely due to the resumption RESUMPTION. To reassume; to promise again; as, the resumption of payment of specie by the banks is general. It also signifies to take things back; as the government has resumed the possession of all the lands which have not been paid for according to the requisitions of the law, and the in demand from the construction industry in the Czech Republic and European markets. Exports of semis and finished steel products will grow by an estimated 8.5% over the 2008-13 period to 5.73mn tonnes, while imports are forecast to grow 4.8% to 6.17mn tonnes, leading to a 75% decline in the steel trade deficit from US$389mn to US$99mn. Key Topics Covered: * SWOT ANALYSIS SWOT Analysis A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. * GLOBAL METALS MARKET OVERVIEW * REGIONAL OVERVIEW * INDUSTRY FORECAST SCENARIO * COMPETITIVE LANDSCAPE * COMPANY PROFILES * GLOBAL ASSUMPTIONS * BMI METHODOLOGY Companies Mentioned: * `eleziarne Podbrezova * ArcelorMittal Ostrava as * Evraz Vitkovice Steel * `DB Group * Trinecke `elezarny-Moravia Steel For more information visit http://www.researchandmarkets.com/research/6c3e2e/czech_republic_met |
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