Abu Bucker Husain, Al Ghurair Iron & Steel LLC. Global Steel Industry Trends & Middle East Steel Outlook
|
|
- Christine Ferguson
- 5 years ago
- Views:
Transcription
1 Abu Bucker Husain, Al Ghurair Iron & Steel LLC Global Steel Industry Trends & Middle East Steel Outlook
2 Disclaimer Al Ghurair Iron & Steel L.L.C. (AGIS) has prepared this document to provide general information on The Middle East Economy with relevance to the Steel Industry. AGIS has based the information in this document on primary and secondary researches and analyses. The information obtained from third party sources are all referenced in the relevant slides. AGIS does not express or imply any warranty pertaining to the accuracy or completeness of the information contained in this document or of any estimates, forecasts, numbers and assumptions in the presentation. All conclusions are subject to limitations such as time constraints and accuracy and easy availability of third party information and reflects the views ofthepresenterandnotagis. Nopartyshallbeentitledtorelyuponthisdocumentoranypartthereofandanyuseofthis presentation requires written permission of AGIS. Under no circumstances shall any party be entitledtoassertanyright,claimorotherentitlementagainstagisasaresult,oronthebasis of this document. AGIS accepts absolutely no liability of whatsoever nature to anyone, to whom the contents of thisdocumentoranypartthereofissharedwith.thisdocumentshouldbeconstruedinlightof the accompanying narrations presented at the pertaining conference.
3 Contents 1 Global Steel Trends 2 Middle East Steel Outlook 3 Gulf Cooperation Council (GCC) 4 Al Ghurair Iron & Steel
4
5 World Crude Steel Production Trend 3% CAGR 8% CAGR 0% CAGR 7% CAGR Stagflation Great Depression Source: WSA, AGIS Internal Analysis
6 Apparent Crude Steel Use Source: World Steel Association EU & NA steady but nominal growth Birth of ME & Africa in the Steel map Emergence of Asia (China) as the dominant player Collapse of Former USSR
7 Net Trade Growth in Semis & Finished Asia went from a Net Importer of 34m tpa To Net Exporter of 34m tpa S. America went from a Net Exporter of 12m tpa To a Net Importer of 3m tpa Region Change EU 3.9% increase in Net Exports CIS 3.2% decrease in Net Exports NAFTA 5.2% increase in Net Imports Africa 16.4% increase in Net Imports ME 6.4% increase in Net Imports Oceania 6.9% increase in Net Imports Source: Steel Stats 2013, World Steel Association
8
9 Historic Production Growth Mts (Million) 1,600 1,400 1,200 1, Oceania Middle East Africa Other Europe South America C.I.S. North America -4.0% 7.0% -0.7% 7.2% 0.8% 0.5% -0.4% 400 EU % Steady Global Steel Recovery since Crisis Asia & ME lead the way Asia CAGR of 5.3% CAGR of 7.7% since Crisis 9.6% Source: Steel Stats 2013, World Steel Association
10 Finished Steel Consumption Growth 16% 14% 12% CAGR % 10% 8% 7% 7% 8% 6% 4% 4% 4% 5% 5% 2% 1% 0% -2% -1% -1% Europe North East Asia America(excl.China) Other World Latin America CIS Global MENA Turkey India China Source: Steel Consult International
11 Apparent Steel Usage Historic Trend 1,400 1,200 1,000 Oceania Oth Asia India China CAGR -1.1% -0.2% 9.4% 13.1% ME 5.9% Africa 6.6% C&S Amer5.5% NAFTA -5.1% CIS Oth EU EU 4.1% 5.6% -2.9% Source : WSA, World Steel in Figures 2011
12 Apparent Steel Use per capita 2,000 ME World UAE Qatar 1,800 1,600 1,400 1,200 1, Comparison Region UAE Qatar Oceania 375% 440% EU % 422% Africa 2353% 2755% NAFTA 396% 464% C.I.S. 430% 503% S. America 869% 1018% M. East 323% 378% Oth Eur 328% 384% Asia 415% 486% World 457% 535% Source: Steel Stats 2013, World Steel Association
13 ASU Short Range Outlook (Qty) Oct 2013 Mts(million) 1,200 1, (e) 2014 (f) CAGR of 3.2% 1.5 Billion MtsASU by 2014 China forecasted to makes up for 47.3% of global ASU Source: World Steel Association
14 ASU Short Range Outlook (%) Oct 2013 YoY% Growth Rate EU 27 Other Europe CIS NAFTA Cent & S. America Africa Middle East Asia & Oceania Highest 2014 growth forecasted in Africa (8.2%) & ME (6.3%) 2014 World ASU growth of 3.3% (e) 2014 (f) Source: World Steel Association
15 2.0% 1.5% 1.0% 0.5% 0.0% Population Growth Forecast into 2100 Long Term Drivers 30% 25% 20% 15% 10% 5% 0% GDP Forecast to % Source: UN Source: IMF, World Bank, The Conference Board Africa % OECD Americas % Global Oil Deposits Non-OECD Europe/Eur asia % Asia % OECD Europe % Middle East % $ $ $ $ $50.00 Oil Price Forecast High price Reference Low price Other Americas % Source: Energy International Association $0.00 Steel Boom in the Middle East/ Africa Year Source: Inflation Data, EIA, AGIS Internal Analysis
16
17 Gulf Project Index Project Award I Half 2013 Growth/ II Half 2012 Growth/ I Half 2012 GCC $67.0 Billion +53% +19% Doha $15.9 Billion +230% +50% KSA $21.5 Billion -12.3% -20% UAE $15.5 Billion +66% -4% Source: MEED
18 UAE s Top 10 Projects Transport 10% US$ 30 Billion Construction 18% Power 32% Oil 40% Power Oil Construction Transport Baraka Nuclear Upper Zakum National Housing AD Airport Power Plant 1,2&3 RuwaisRefinery (Package 2&3) Ruwais Coker Dubai Pearl Source: MEED Projects
19 Middle East SWOT Analysis S Geographical Positioning Oil Reserves W Political Instability Civil Unrest T Sanctions Dumping O Increasing Oil Price Growing Infra- Structure needs
20
21 AGIS Introduction First Cold Rolling & Galvanizing Complex in UAE Commissioned in 2008 Successfully completed 5 years of operation at full capacity Strategic Alliance with Nippon Steel Corporation One of the largest steel makers in the world Orders for expansion already placed
22 Production Lines 350k tpa Pickling 250k tpa 250k tpa CRM 200k tpa 200k tpa CGL 50k tpa 150k tpa Finished Goods 200k tpa Skin Pass Line CGL Phase 2 200,000 TPY 400,000 TPY
23 Our Competitive Advantage AGIS
24 Abu Bucker Husain Al Ghurair Iron & Steel LLC
Global Steel Market Outlook. OECD Steel Committee Meeting, Sep 28, 2017, Paris
Global Steel Market Outlook OECD Steel Committee Meeting, Sep 28, 2017, Paris Disclaimer text This document is protected by copyright. Distribution to third parties or reproduction in any format is not
More informationThe Middle East s Evolving Role in the Global Steel Industry
The Middle East s Evolving Role in the Global Steel Industry Presented to: The Platts 12 th Annual Steel Markets Asia Conference Mumbai India By: George Matta Ezz Steel - Egypt 17 November, 2016 Opening
More informationResilience and potential in emerging markets - Africa & CIS (ACIS) case study
Resilience and potential in emerging markets - & CIS (ACIS) case study Christophe Cornier - Member of the Group Management Board 16 September 2009 Investor day London & New York Disclaimer Forward-Looking
More informationModerate but continued growth expected for global steel demand
PRESS RELEASE Moderate but continued growth expected for global steel demand worldsteel Short Range Outlook October 2017 Brussels, 16 October 2017 - The World Steel Association (worldsteel) today released
More informationThe North Africa Steel Markets: Recent Developments & Their Impact On Growth
The North Africa Steel Markets: Recent Developments & Their Impact On Growth Presented to: 18 th Middle East Iron & Steel Conference (Dubai, 9 th December 21) By: George Matta Ezz Steel - Egypt The Political
More informationBoot Scootin Boogie: A Look at Current Trends in the USA Steel Market and Economy
Boot Scootin Boogie: A Look at Current Trends in the USA Steel Market and Economy Presentation to the: AWMI TN Chapter Nashville, TN by: Becky E. Hites, President May 15, 2014 USA Shipments and Consumption
More informationEvolution of the Middle East Trading Ecosystem. May 2013
Evolution of the Middle East Trading Ecosystem May 2013 Contents Changing Supply/Demand Dynamics Changes Drive Trading Ecosystem Oman: Key to Crude Oil Markets Conclusion Dubai Mercantile Exchange 2 DME
More informationInvest in the World s Leading Energy Region FMG MENA FUND
Invest in the World s Leading Energy Region 2019 The Opportunity The value of proven oil reserves in the Middle East & North Africa (MENA) region exceeds the market capitalization of the world s publicly
More informationSAUDI ARABIA'S ECONOMY AND THE EXPECTED DEMAND FOR STEEL IN Dec 2015 Abdullah S. Al-Zahrani Business Analyst -Strategy Metal SBU
SAUDI ARABIA'S ECONOMY AND THE EXPECTED DEMAND FOR STEEL IN 225 15 Dec 215 Abdullah S. Al-Zahrani Business Analyst -Strategy Metal SBU CONTENT 1. Overview of SABIC 2. Overview of the KSA Economy o Non-Oil
More informationIFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation February 2018
IFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation February 2018 Safe Harbor This presentation and the accompanying slides (the Presentation ), has been prepared by IFGL Refractories
More informationfor the Middle East and North African Steel Industry to 2013 Sample Extract A Strategic Market Review and Outlook
A Strategic Market Review and Outlook for the Middle East and North African Steel Industry to 2013 Sample Extract pages inside +44 (0) 20 7779 7999 marketing@metalbulletinresearch.com +44 (0) 20 7779 7999
More informationIFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation August 2018
IFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation August 2018 Safe Harbor This presentation and the accompanying slides (the Presentation ), has been prepared by IFGL Refractories
More informationGlobal Aluminum Markets for Packaging, 25 th October 2017, Nashville, Tn
Global Aluminum Markets for Packaging, 25 th October 2017, Nashville, Tn Paul Williams, Research Manager, Aluminium www.aluminum-us.com October 25-26, 2017 2 Structure of presentation 1 Packaging sector
More informationThe North Africa Steel Markets: Retrospect & Prospect
The North Africa Steel Markets: Retrospect & Prospect Presented to: 19 th Middle East Iron & Steel Conference (Dubai, 16 th December 15) By: George Matta Ezz Steel - Egypt Regional Economic Overview Despite
More informationIFGL EXPORTS LIMITED (After amalgamation of IFGL Refractories Limited)
IFGL EXPORTS LIMITED (After amalgamation of IFGL Refractories Limited) Investor Presentation Q1 FY18 COMMITTED TO CLEAN METAL 2 Safe Harbor This presentation and the accompanying slides (the Presentation
More informationIFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation December 2017
IFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation December 2017 Safe Harbor This presentation and the accompanying slides (the Presentation ), has been prepared by IFGL Refractories
More informationGlobal Markets Update QNB Economics 12 November 2017
Global Markets Update QNB Economics 12 November 2017 Executive Summary Key Takeaways Advanced economy 10-year yields rose on expectations of reduced quantitative easing; Saudi Arabia s corruption probe
More informationHighveld Steel and Vanadium. Annual Results 31 December 2009
Highveld Steel and Vanadium Corporation Limited Annual Results 31 December 2009 Disclaimer 2 Forward looking statements This document may contain forward looking information and statements about Highveld
More informationFinancial Crises & New Economic Geography: Emerging Alternative Finance
Financial Crises & New Economic Geography: Emerging Alternative Finance Dr. Nasser Saidi The Annual Falcon Group Trade and Corporate Finance Forum 2 March 2014 Agenda ü Shifting Global Economic Geography
More informationGCC & the International Economy: Private Sector Roles
GCC & the International Economy: Private Sector Roles Abdel Aziz Abu Hamad Aluwaisheg Assistant Secretary-General for Foreign Affairs GULF ECONOMIC FORUM DOHA, QATAR 26 OCTOBER 2015 28-Oct-15 GCC Internal
More informationThe international experience of economic sanctions: lessons for Russia
The international experience of economic sanctions: lessons for Russia Alexander Knobel. XIX April International Academic Conference On Economic and Social Development National Research University Higher
More informationGlobal Economy & Dry Bulk Outlook
Global Economy & Dry Bulk Outlook Dry Bulk Shipping Outlook dry bulk Coking coal Crude steel production Import & Export China & Global economy Trends and forecasts Iron ore Economic indicators Iron ore
More informationErdemir Group 2011 First Quarter Consolidated Financial Results. 06 May 2011
Erdemir Group 2011 First Quarter Consolidated Financial Results 06 May 2011 2 / 26 DISCLAIMER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about
More informationInvestor Relations Presentation December 2012
Investor Relations Presentation December 2012 Contents 1. QNB at a Glance 2. QNB Comparative Positioning Qatar and MENA 3. Financial Highlights December 2012 4. Economic Overview 2 QNB at a Glance QNB
More information2QFY14 Results Presentation
2QFY14 Results Presentation 1 Key highlights 3QFY14 Standalone performance Consolidated performance Key update Highest ever Crude Steel production: 3.19 million tonnes Gross Turnover: `12,651 crores Net
More informationCIS REGION A GROWING OPPORTUNITY FOR ISLAMIC FINANCE
CIS REGION The Commonwealth of Independent States (CIS) countries are emerging as a region of opportunity for Islamic finance. The financial sectors in the frontier CIS countries are expected to record
More informationCOMCEC Trade OUTLOOK 2015
COMCEC Trade OUTLOOK 2015 Trade Working Group 6 th Meeting September 17, 2015 Ankara, Turkey OUTLINE Recent Trends in Trade Between the OIC Member States and the World Recent Trends in Intra-OIC Trade
More informationNorth American Steel Industry Recent Market Developments, Future Prospects and Key Challenges
North American Steel Industry Recent Market Developments, Future Prospects and Key Challenges OECD Steel Committee December 1-11, 29 Paris, France * American Iron and Steel Institute (AISI) Steel Manufacturers
More informationTerrorism reinsurance market trends
Terrorism reinsurance market trends A global (re)insurance market perspective David Flandro Global Head of Business Intelligence Guy Carpenter david.flandro@guycarp.com Julian Alovisi Global Research Guy
More informationCore strength, sustainable growth. Lakshmi Mittal, Chairman and CEO Investor Day - 23 September 2011
Core strength, sustainable growth Lakshmi Mittal, Chairman and CEO Investor Day - 23 September 2011 Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements
More informationEmerging markets and mining growth
Emerging markets and mining growth Aditya Mittal CFO and member of Group Management Board Plant Tour Brazil - 24-26 March 21 Disclaimer Forward-Looking Statements This document may contain forward-looking
More informationBRAZILIAN INDIRECT TRADE IN STEEL IN November 2013
BRAZILIAN INDIRECT TRADE IN STEEL IN 197-211 November 213 1 Brazilian indirect trade in steel in 197-211 A working paper issued by the World Steel Association (worldsteel) Introduction This paper aims
More informationAfrica & Middle East. September rd CLSA Investors Forum Sunil Kaushal Regional CEO, Africa & Middle East
Africa & Middle East September 2016 23 rd CLSA Investors Forum Sunil Kaushal Regional CEO, Africa & Middle East 0 Forward looking statements This document contains or incorporates by reference forward-looking
More informationPolicy responses to steel crises
Policy responses to steel crises 66 th Steel Committee Meeting Paris 9 June 29 I. Development of the Global Steel Industry from 195 till 27/8 1 Global crude steel production 1,6 million tons Steel Boom
More information1QFY14 Results Presentation
1QFY14 Results Presentation 1 Key highlights 1QFY14 Standalone performance Consolidated performance JSW Steel JSW Ispat merger update Highest ever Crude Steel production: 2.86 million tonnes Saleable Steel
More informationPrakash Industries Limited
Prakash Industries Limited People... Prosperity... Progress Q2 & H1 FY18 Result Presentation Disclaimer This presentation and the accompanying slides (the Presentation ), which have been prepared by Prakash
More informationLeading in Uncertain Times
2013 SIAM Looking Ahead Conclave Theme Session Presentation Leading in Uncertain Times - Prospects of the World Economy and Impact on India Automotive Industry Delhi, India, January 2013 Noriyuki Kobayashi
More informationTransforming tomorrow
Transforming tomorrow Bank of America Merrill Lynch Global Metals and Mining Conference May 2010 Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements
More informationInvestor Presentation
March, 2010 1 Disclaimer This document can contain statements which constitute forward-looking statements. Such forward-looking statements are dependent on estimates, data or methods that may be incorrect
More informationTHE IMPACT OF FINANCIAL TURMOIL ON THE WORLD COTTON AND TEXTILE MARKET
THE IMPACT OF FINANCIAL TURMOIL ON THE WORLD COTTON AND TEXTILE MARKET Presented by Paul Morris Chairman of the Standing Committee INTERNATIONAL COTTON ADVISORY COMMITTEE 1999 China International Cotton
More informationRussia s market for new light vehicles: Outlook and analysis Stanley Root 19 January 2012
www.pwc.ru/automotive Russia s market for new light vehicles: Outlook and analysis Stanley Root 19 January 2012 Contents 1. Global car production overview 2. Overview of the new Russian light vehicles
More informationEU steel market situation and outlook. Key challenges
70th Session of the OECD Steel Committee Paris, 12 13 May 2011 EU steel market situation and outlook http://www.eurofer.org/index.php/eng/issues-positions/economic-development-steel-market Key challenges
More informationGLOBAL INSURANCE MARKETS SELECTED DATA
GLOBAL INSURANCE MARKETS SELECTED DATA Allianz Research Munich / November 218 Copyright Allianz SE CONTENT 1 GLOBAL PREMIUM INCOME BY REGION 5 DEVELOPMENT OF P&C MARKETS 2 DEVELOPMENT OF LIFE INSURANCE
More informationInvestor Presentation
March, 2010 1 Disclaimer This document can contain statements which constitute forward-looking statements. Such forward-looking statements are dependent on estimates, data or methods that may be incorrect
More informationErdemir Group 2009 Consolidated Financial Results
Erdemir Group 2009 Consolidated Financial Results 22 February 2010 1 /28 DISCLAIMER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking
More informationInvestor Presentation
Investor Presentation 2017 www.gerdau.com 1 Outlook Gerdau Highlights 2 Region / Country (in Mt and %) 2017f 17/16 World 1,622 7.0% European Union 162 2.5% Better outlook for steel consumption NAFTA 139
More informationThe Long Journey to Recovery. Russia Economic Report April 2016 Edition No. 35
The Long Journey to Recovery Russia Economic Report April 216 Edition No. 35 1 2 3 The anticipated recovery was delayed and the economy adjusted through a sharp income drop. The government s policy response
More informationWorld Steel Industry Development and Market Prospects 13 th International Market and Trade Conference
World Steel Industry Development and Market Prospects 13 th International Market and Trade Conference Global Steel Industry in the post-crisis Period Global economic recovery continues to disappoint The
More informationWeekly Economic Update Sunday, 06 March 2011
1 Recent Macroeconomic Developments GLOBAL China sets yet another 5-year economic growth target China has set a 7% economic growth target for the next 5 years, broadly in line with the targets set in the
More information2018 FULL YEAR RESULTS
2018 FULL YEAR RESULTS FEBRUARY 2019 LEADING THE WORLD OF MOLTEN METAL FLOW ENGINEERING DISCLAIMER This presentation (which includes this document, the oral presentation of this document, any question-and-answer
More informationDr. Raja M. Almarzoqi Albqami Institute of Diplomatic Studies
Dr. Raja M. Almarzoqi Albqami Institute of Diplomatic Studies Rmarzoqi@gmail.com 3 nd Meeting of OECD-MENA Senior Budget Officials Network Dubai, United Arab Emirates, 31 October-1 November 2010 Oil Exporters
More informationGlobal Markets Update QNB Economics 03 July 2016
Global Markets Update QNB Economics 03 July 2016 Executive Summary Key Takeaways Sovereign bond yields fell globally as the continued fallout from Brexit raised expectations for widespread monetary easing
More informationGlobal Economy is Expected to Grow by 3.4 % in 2016 GDP growth in 2016, %
Russia Brazil Mexico Rest of Latin America Rest of Eastern Europe Middle East and Africa Global Economy is Expected to Grow by 3.4 % in 216 GDP growth in 216, % 9 8 7 6 5 4 3 2 1-1 -2-3 -4 North America
More informationEng US. 14 July 2017
Eng US 14 July 2017 Presentation 2017 Eng US Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for your
More informationArcelorMittal General Presentation
ArcelorMittal General Presentation Pierre Remacle Global Account Manager AM FCE Automotive S-in motion Global Steel Market outlook 2011 Steel demand forecast 2011 STEEL DEMAND FORECAST IN BILLION TONNES
More informationA STUDY ON GROWTH AND DEVELOPMENT OF STEEL INDUSTRY IN INDIA
A STUDY ON GROWTH AND DEVELOPMENT OF STEEL INDUSTRY IN INDIA Asif Pervez Research Scholar, Dept. of Commerce, Aligarh Muslim University, Aligarh. Email: Asifpervez10@gmail.com. Abstract The Role of Iron
More informationThe Dawn of a New Economic Era? Russia Economic Report April 2015 Edition No. 33
The Dawn of a New Economic Era? Russia Economic Report April 2015 Edition No. 33 Main messages 1 Russia s economy experienced two shocks in 2014, but avoided a recession A steep drop in oil prices, geopolitical
More informationJSW Steel Limited Q1 FY Results Presentation July 25, Better Everyday
JSW Steel Limited Q1 FY 2018-19 Results Presentation July 25, 2018 Better Everyday 1 Key highlights Q1 FY19 Standalone performance Crude Steel production: 4.11 million tonnes, up by 5% YoY Saleable Steel
More informationRising Middle East Stock Markets
Rising Middle East Stock Markets Index, January 2002 = 100 1400 1200 1000 800 600 400 200 Egypt Israel Jordan Kuwait Saudi Arabia U.A.E. 0 2003 2004 2005 2006 Source: Bloomberg Capital Access Index 2006
More informationGlobal Markets Update QNB Economics 12 March 2017
Global Markets Update QNB Economics 12 March 2017 Executive Summary Key Takeaways US yields rose on a highly likely Fed rate hike this week; Eurozone yields rose after the ECB president lowered expectations
More informationGlobal Markets Update QNB Economics 01 May 2016
Global Markets Update QNB Economics 1 May 16 Executive Summary Key Takeaways Weaker than expected US GDP led to lower US sovereign bond yields while better than expected Eurozone GDP led to higher European
More informationInvestor Presentation
Investor Presentation 2017 www.gerdau.com 1 Outlook Gerdau Highlights 2 Region / Country (in Mt and %) 2017f 17/16 18/17 World 1,622 7.0% 1.6% European Union 162 2.5% 1.4% Better outlook for steel consumption
More informationASSESSMENT OF CUMULATIVE COST IMPACT FOR THE ALUMINIUM INDUSTRY EXECUTIVE SUMMARY
ASSESSMENT OF CUMULATIVE COST IMPACT FOR THE ALUMINIUM INDUSTRY EXECUTIVE SUMMARY A. Aims and scope of the Study This Study contains an assessment of the cumulative costs of EU legislation on the European
More informationIndia Growth Story. Steel Market Asia Conference Ashok Bhardwaj. 19 th -20 th November Intercontinental Grand Stanford - Hong Kong
India Growth Story Steel Market Asia Conference 2012 19 th -20 th November - 2012 Intercontinental Grand Stanford - Hong Kong Ashok Bhardwaj (Director - Marketing) JSW Steel Limited India Urbanization
More informationEng US. 9 February Q4 Presentation 2017
Eng US 9 February 2018 Q4 Presentation 2017 Eng US Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for
More informationIFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation May 2018
IFGL Refractories Limited (Formerly IFGL Exports Limited) Investor Presentation May 2018 Safe Harbor This presentation and the accompanying slides (the Presentation ), has been prepared by IFGL Refractories
More informationHow the Arab World Can Benefit from Low Oil Prices. Shanta Devarajan World Bank
How the Arab World Can Benefit from Low Oil Prices Shanta Devarajan World Bank www.brookings.edu/futuredevelopment Current problems in the Arab World Unemployment 30 Unemployment rate (latest available),
More informationTAKAFUL CONFERENCE ON ISLAMIC INVESTMENT MANAGEMENT 12 FEBRUARY 2008, DUBAI. KEYNOTE ADDRESS Dr. Nasser Saidi Chief Economist, DIFCA
TAKAFUL CONFERENCE ON ISLAMIC INVESTMENT MANAGEMENT 12 FEBRUARY 2008, DUBAI KEYNOTE ADDRESS Dr. Nasser Saidi Chief Economist, DIFCA It is indeed a pleasure and an honour for me to address participants
More informationDubai s Growth Drivers
Dubai s Growth Drivers Presentation at the Dubai Economic Outlook 2012 Dr. Nasser Saidi, Chief Economist, DIFC 15 th February, 2012 Agenda 1. BACKGROUND 2. MACROECONOMIC & STRUCTURAL DRIVERS 3. BUILDING
More informationITEM 3B CURRENT STEEL MARKET DEVELOPMENTS
ITEM 3B CURRENT STEEL MARKET DEVELOPMENTS Steel Committee, September 2017 Fabien Mercier, Hokuto Otsuka, Filipe Silva Emails: fabien.mercier@oecd.org, filipe.silva@oecd.org Outline 1. Consumption 2. Production
More informationGlobal Markets Update QNB Economics 19 June 2016
Global Markets Update QNB Economics 19 June 16 Executive Summary Key Takeaways Most advanced economy sovereign bond yields fell on heightened risk aversion due to a worse US outlook and data and rising
More informationEconomic Outlook. Global And Finnish. Technology Industries In Finland Turnover and orders picking up s. 5. Economic Outlook
Economic Outlook Technology Industries of Finland 2 217 Global And Finnish Economic Outlook Broad-Based Global Economic Growth s. 3 Technology Industries In Finland Turnover and orders picking up s. 5
More informationWhy Invest In Emerging Markets? Why Now?
Why Invest In Emerging Markets? Why Now? 2018 Over the long term, Emerging Markets (EM) have been a winning alternative compared to traditional Developed Markets (DM)... 350 300 250 200 150 100 50 1998
More informationPolyplex (Thailand) Public Limited Company
Polyplex (Thailand) Public Limited Company Presentation at the SET Opportunity Day Monday, 19 th March 2012 Website : www.polyplexthailand.com Contents BOPET Film Industry Polyplex group Polyplex Competitive
More informationSecond Quarter 2018 Questions and Answers
Second Quarter 2018 Questions and Answers Page 1 Forward-Looking Statements This document may contain forward-looking information and statements about ArcelorMittal and its subsidiaries. These statements
More informationU.S. Steel Market Outlook. Amy Ebben ArcelorMittal USA November 30, 2018
U.S. Steel Market Outlook Amy Ebben ArcelorMittal USA November 30, 2018 Agenda ArcelorMittal introduction U.S. steel industry performance and trade Global steel industry Review of steel markets 1 About
More information2013 China Development Forum survey report. Choosing China: Insights from multinationals on the investment environment
2013 China Development Forum survey report Choosing China: Insights from multinationals on the investment environment Target growth markets Which three of these key markets would you invest in? Source:
More informationWorld real GDP growth in 2010 Annual percent change
World real GDP growth in 20 Annual percent change % or more 6-% 3-6% 0-3% Less than 0% No data Source: International Monetary Fund. World real GDP growth in 2011 Annual percent change % or more 6-% 3-6%
More informationMiddle East and North Africa Regional Economic Outlook Oil, Conflicts, and Transitions
Middle East and North Africa Regional Economic Outlook Oil, Conflicts, and Transitions May 5, 2015 Agenda Global Environment MENAP Oil Exporters MENAP Oil Importers Global growth remains moderate and uneven
More informationInvestor Presentation
Investor Presentation 2017 www.gerdau.com 1 Outlook Gerdau Highlights 2 Better outlook for steel consumption Region / Country (in mt and %) 2017f 17/16 World 1,535 1.3% European Union 158 0.5% NAFTA 135
More informationInvestor Presentation
Investor Presentation 2017 www.gerdau.com 1 Outlook Gerdau Highlights 2 Better outlook for steel consumption Region / Country (in mt and %) 2017f 17/16 World 1,535 1.3% European Union 158 0.5% NAFTA 135
More informationMonths Consolidated Results. 25 April 2016
1 25.04.2016 2016 3 Months Consolidated Results 25 April 2016 2 25.04.2016 DISCLAMIER Ereğli Demir Çelik Fabrikaları T.A.Ş. (Erdemir) may, when necessary, make written or verbal announcements about forward-looking
More informationMENA Hotels September 2015 Amman Fujairah Aqaba Cairo Riyadh Ras Al Khaimah
MENA Hotels September 2015 MENA HOTEL FORECASTS 3-Month Rolling Forecast Highlights Sep Nov 2015 YoY RevPAR Variance % Fujairah Drop in business from traditional market like Russia and Europe, however
More informationInvestor Presentation. Heavy plate rolling mill starts operating in July at the Ouro Branco mill (MG)
Investor Presentation Heavy plate rolling mill starts operating in July at the Ouro Branco mill (MG) Agenda Outlook Gerdau Highlights 2 Economic outlook GDP Growth 2014 2015f 2016f World 3.4% 3.1% 3.2%
More informationEtisalat Group. BAML MENA & Frontier Markets Conference th November 2014, Dubai
Etisalat Group BAML MENA & Frontier Markets Conference 2014 20 th November 2014, Dubai Disclaimer Emirates Telecommunications Corporation and its subsidiaries ( Etisalat or the Company ) have prepared
More informationGlobal Markets Update QNB Economics 19 February 2017
Global Markets Update QNB Economics 19 February 2017 Executive Summary Key Takeaways Yields in advanced economies were stable while local factors dominated emerging market performance The Egyptian pound
More informationH Results Presentation. 30 August 2015
H1 2015 Results Presentation 30 August 2015 Table of Contents Section Page Summary Financials 3 Net Debt Position 4 Record Backlog Level 5 Proforma Financials and Backlog Consolidating 50% of BESIX 6 Backlog
More informationCredit, Commodities, and Consumers: An Economic Update
Credit, Commodities, and Consumers: An Economic Update ROBIN J. ANDERSON, Ph.D. SENIOR ECONOMIST PRINCIPAL GLOBAL INVESTORS June 2015 All expressions of opinion and predictions in this report are subject
More informationAnalyst Meet Presentation Q4 FY10
Analyst Meet Presentation Q4 FY10 Agenda Economic Scenario Steel Scenario Operating Highlights Project Progress Financial Performance 2 Improving Global Outlook 10 0 10 Centre depicts zero and periphery
More informationChapter-2. Trends in India s Foreign Trade
Chapter-2 India s Trade Performance India s merchandise exports reached a level of US $ 251.14 billion during 2010-11 registering a growth of 40.49 percent as compared to a negative growth of 3.53 percent
More informationBelgium November Paying Taxes th edition
Belgium Paying Taxes 2016 10 th edition www.pwc.com/payingtaxes The Paying Taxes methodology The three sub-indicators Both the tax cost and the tax compliance burden are important from the business point
More informationEmerging markets in the global crisis and beyond
Emerging markets in the global crisis and beyond May 5, 29 Maria Laura Lanzeni Head of Emerging Markets Think Tank of Deutsche Bank Group Agenda Emerging markets & BRICs as global players Impact of the
More informationWeekly Economic Monitor. October 26, 2014
Weekly Economic Monitor October 26, 2014 Brief Overview MENA Region Egypt: Moody s raises Egypt s outlook to stable on political stability GCC News Highlights GCC interbank rates Comparative MENA Markets
More informationThe Hong Kong Economy in Contraction Mode
Irina Fan Senior Economist irinafan@hangseng.com Joanne Yim Chief Economist joanneyim@hangseng.com 22 December 08 The Hong Kong Economy in Contraction Mode Hong Kong is in recession and leading economic
More informationNovolipetsk Steel (NLMK) Duferco Joint Venture
NLMK Novolipetsk Steel (NLMK) Duferco Joint Venture November 2006-1- Disclaimer This document is confidential and has been prepared by NLMK (the Company ) solely for use at the investor presentation of
More informationUpdate: Opening the Tadawul up to Foreign Investors. Overview. CMA draft proposals. April 2015
Update: Opening the Tadawul up to Foreign Investors Overview Last week the Capital Markets Authority (CMA) confirmed that the region s largest, diverse and most mature capital market, the Saudi Stock Exchange
More informationPIAGGIO GROUP ANALYST AND INVESTOR MEETING
PIAGGIO GROUP ANALYST AND INVESTOR MEETING Milan, December 14 th 2011 Disclaimer This presentation contains forward-looking statements regarding future events and future results of Piaggio & C S.p.A (the
More informationGlobal financial markets: how emerging market economies are enlarging the playing field
Global financial markets: how emerging market economies are enlarging the playing field Paola Subacchi and Vanessa Rossi International Economics Programme, Chatham House, London The Gulf region: the new
More informationGlobal Markets Update QNB Economics 15 October 2017
Global Markets Update QNB Economics 15 October 2017 Executive Summary Key Takeaways US yields fell after inflation came in lower-than-expected; Turkish rates rose after a diplomatic dispute with the US
More informationTop Ten Game Changers for country risk in 2014 Getting back in the game. Ludovic Subran - March 5, 2014 Country Risk Practice
Top Ten Game Changers for country risk in 2014 Getting back in the game Ludovic Subran - March 5, 2014 Country Risk Practice Country Risk at EH: One objective, one methodology, several outcomes Why country
More information