Global Metallics Balances: 2005

Global Metallics Balances: 2005 provides the user with a deeper understanding of the supply/demand balances of raw materials for the steel industry. Our initial report in 1994 broached the theory that obsolete steel scrap could be in short supply by the year 2010. Now, ten years later, it appears that we were not as insane as most others in the industry believed. The high prices for raw materials that we had been predicting have already occurred.

In taking the analysis out to 2015, we show that the steel industry will become so huge that even moderate growth will require massive additional amounts of metallics. This is the "tyranny of large numbers." Implications of the study include new metallics trade patterns, a renewed drive to build steel scrap substitute facilities, and rising incentives to develop new technologies. Regional supply demand patterns are also seen to be changing dramatically.

Global Metallics Balances: 2005 includes a 200-line, 56-country metallics balance system from 1975 to 2015. The country data is aggregated into regional and global summaries in the same format. The model contains assumptions on steel demand and production by country (based on a product-by-product supply/demand analysis); crude steel production by furnace type; foundry production; pig iron production; usage of metallics; usage rates for new, home and obsolete steel scrap; recovery rates of obsolete steel scrap from the reservoir; etc. There are extensive graphics illustrating the forces at work.

The World Steel Dynamics staff is available to answer questions and help subscribers use the system for their particular needs. Global Metallics Balances: 2005 is available for $10,000 to subscribers and $15,000 to others.