A regional perspective - Global metals outlook
The future of Global metals industry: Part two
Governments worldwide have plans to spend millions of dollars to stimulate local economies. From incentives to encourage consumer spending on automobiles to massive infrastructure programmes, many of these measures hold the potential to significantly affect the global metals industry. However, the benefits to date for the steel sector will unlikely be seen until late 2009 at the earliest.
In the second of a three-part series of reports - "A regional perspective: Global metals outlook", a panel of metals industry leaders from Deloitte member firms around the globe comment on the various economic stimulus efforts in some of the largest metals-producing countries, including the developed economies of Japan, South Korea, the European region, and the United States as well as the BRIC markets (Brazil, Russia, India, and China).
Outlook at a glance:
- Benefits from stimulus measures will not be seen until the second half of 2009, at the earliest.
- China's stimulus package seen as holding much potential to impact Global demand.
- Demand is till growing in certain emerging markets and these areas could lead the recovery.
Download the full report " A regional perspective - Global metals outlook" (PDF, 116 KB).
Related news release: Stimulus efforts slowly reaching global metals industry says Deloitte
Turning the corner - Global metals outlook 2009: Part one
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