Epstein Secrets

steel to meet their needs, such as the Middle East and Africa. Other worldwide regions such as the European Union, Other Europe, South America and Oceania are comparatively self-sufficient, for the most part producing the supply of steel that each of their markets necessitate in a given year. In yet a

3 January 2018 HY Corporate Credit HY Multi Sector,Media. Cable & Satellite Inequalities within the International Steel Markets The global steel industry is structurally oversupplied due to certain

ported steel billets from China to melt down in EAF's due to cost advantages. Turkey is the key player to keep an eye on in the global scrap trade. Oceania Oceania, which includes Australia and New Zealand, makes up less than 1% of global supply / demand for steel and is therefore less of a focus marke

3 January 2018 HY Corporate Credit HY Multi Sector,Media, Cable & Satellite The European Union (EU) & Other Europe The EU manufactured 162.0mn mt of steel and consumed 172.1mn mt in 2016 resulting

3January 2018 HY Corporate Credit HY Multi Sector,Media. Cable & Satellite The Middle East & Africa Similar to Oceania. the Middle East and Africa account for small percentages of global supply and demand. Both appear to import the majority of their steel needs from

3January 2018 HY Corporate Credit HY Multi Sector,Media. Cable & Satellite The Middle East & Africa Similar to Oceania. the Middle East and Africa account for small percentages of global supply an

93.1% 24.1 - - 100% 25.9 Ada 84.6% 952.0 15.4% 173.1 - - 100% 1,125.1 Australia & New Zealand 78.2% 4.6 21.8% 1.3 1 - 100% 5.9 Oceania 78.2% 4.6 21.8% 1.3 • • 100% 5.9 Total 74.3% 1,209.2 25.3% 411.8 0.5% 7.4 100% 1,628A $0.tte Cer2t'e Sn. r^etcreict Steer Assoc...x

3 January 2018 HY Corporate Credit HY Multi Sector.Media. Cable & Satellite Steel Production by Type of Process Oxygen Furnaces (--75%) compared with EAFT's (--25%) For the year ended 2016 oxygen f