Epstein Secrets

ex. 44514 44.090 211000 10402 41.462 ALIO 43202 47574 47,074 4Oµ4 2% IL IL. I .43% .5.6% 414% JOS% 06% 20% .439. 150% 43% 59% NORTH AMERICA 167,207 154.540 11200 131,203 f42µ0 152.445 14040 140,574 156276 152.028 9% % , YoY .44% .75% .254% 314% N% 77% 43% 124% 44% .2

RICA 24992 as,en 324204 20231 32.010 25080 *417 40307 47032 40,016 2% 47% % •.. YoY 14% 115% 143% .75% at% 119% 1021% 2.8% 23% OCEANIA 9µ5 9,545 6732 5.033 7,745 0,271 7427 0,377 11235 7710 0% t YoY 21% 72% .229% 303% 414% 68% -9.0% 116% .20% 33% Global SIM Com

cient, for the most part producing the supply of steel that each of their markets necessitate in a given year. In yet another example, historically North America (NA) has required steel imports to satisfy some portion of its apparent demand. However, in recent years foreign manufacturers have begun targeting

121571 132.3301 117.256) cum 1131436I 132,8891 116,3121 130,6821 1201241 130.5431 133,7W 1292181 125.8221 129.054 121331 1262471 atm OCEANIA 16511 11.1211 17681 {6891 14971 (2166) 11 9391 129311 12 507 Global Steel Surplus /(NA ri 17101 7 5.482 23.443 14.9130 6,101 11091)

Union (EU) & Other Europe The EU manufactured 162.0mn mt of steel and consumed 172.1mn mt in 2016 resulting in a steel deficit of 10.0mn nit. Like North America (NA), the EU is vulnerable to unfairly-traded steel imports and steelmakers in the region have also sought refuge from the government to enforce ta

eania YoY 9,435 9.545 1', 8782 -29'. 8,838 30% 7,745 -12% 8271 7,527 -9'. 8,397 Its 8225 7.710 0% Global Steel Supply/Demand 1000 OCEANIA 2007 18511 2008 (3121) 2009 (768) 2010 18891 2011 (4971 2012 (2,466( 2013 (1.9391 2014 12.9311 2015 (2.507) 2016 11.8741' Sone Do