The Steel Market Analysis, Financials & Forecasting 2011-202111 Nov 2011 • by Natalie Aster
Visiongain interviewed Mr. Thom Mathisen, Acting Head of Business Area EMEA, SSAB, in September 2011. Visiongain appreciate him sharing his thoughts with us on a variety of issues.
SSAB, a Swedish company originally, is a global leader in value added, high strength steel. SSAB is the 36th largest producer of crude steel in the world, producing 5.8mmt of crude steel. The Group’s steel operations consist of three business areas; EMEA, Americas, APAC and two subsidiaries: Plannja, representing processing and Tibnor, which is the group’s trading company. SSAB has employees in over 45 countries and operates production facilities in Sweden and the US.
SSAB’s Focus in the Steel Value Chain
Visiongain: Where does your business fit into the steel value chain? How has its performance differed in comparison to other producers of steel?
Thom Mathisen: SSAB has chosen to focus on high strength steels and less on ordinary steels. This is part of our niche strategy. In the longer term, SSAB’s margins and profitability have been higher than many other companies in the sector.
Regions with Strong Steel Demand Growth
Visiongain: Which geographical region/s has your business seen dynamic demand from over the past 3-4 quarters?
Thom Mathisen: Asia and Latin America have continued to perform well. We can also see a positive development in Russia. North America has recovered. Southern Europe has remained weaker. However, over the past months, the uncertainty on all markets has increased due to the turmoil on the financial markets.
The Steel Market Analysis, Financials & Forecasting 2011-2021
Published: October 2011
Price: US$ 2,664.00
Report Sample Abstract
Angang Iron and Steel Group Corporation (Ansteel)
- Headquarters: Anshan, Liaoning Province, China
- Employees (2010): 30,902
- Revenues (2010): $23bn
- Operating Income (2010): $14bn
Angang Iron and Steel Group Corporation, also known as Ansteel, is a Hong Kong listed company engaged in the production and sales of steel products. The company has coking, sintering, iron making, steel making, steel rolling and other complete modern production process and related facilities, and have a complete set of energy power system. Products include hot rolled plate, cold rolled sheets, galvanised sheet and colour coated plate, large sections, wire rod, seamless steel tubes, cold rolled silicon steel and other steel products, widely used in the automotive, appliance, machinery, shipbuilding, railway construction and other fields.
The company has the capability to produce 16 types, 120 sub-types, 600 steel grades and 42,000 specifications of steel products which are widely used in various fields of the national economy. In 2008, Ansteel produced 16.0mmt of iron, the production of steel 15.9mmt, 14.9mmt of steel production. By 2010 the company produced 22.12 million tons of iron, steel 21.65 million tons, steel 20.87 million tons, operating income of 92.431 billion yuan, total profit of 2.358 billion yuan. Mr. Zhang Xiaogang is the Chairman of the company. Output of both iron and steel exceeded 30 million tons in 2010 as a result of its low carbon strategy.
- Headquarters: Avenue de la Liberte, Luxembourg, Luxembourg
- mployees (2010): 263,000
- Revenue (2010): $78.03bn
- Operating income (2010): $2.916bn
ArcelorMittal is the largest market player in the steel industry with operations across 60 countries. With an employee base of nearly 282,000, the company serves clients across all steel-consuming industries, including automotive, appliance, engineering, construction, energy and machinery. ArcelorMittal produces a broad range of high-quality finished and semi-finished steel products.
Middle Eastern Steel Market Forecast 2011-2021 ($m)
Source: Visiongane 2011
More information can be found in the report “The Steel Market Analysis, Financials & Forecasting 2011-2021” by Visiongain.
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