Epstein Secrets

nly 42.4mn mt. Given such a wide disparity between supply and demand, Russia may be responsible for one of the largest steel surpluses after China. Deutsche Bank Securities Inc. Page 187 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0086746 SDNY_GM_00232930 EFTA01385461

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

tv)tri attOai 110% %a licY Ste% 42% .72% oaf% 72% 74% (0 % 12% 4.0% AI% Sane Oanc. am* Soren 07nonort.P. m. net Srew Assocen Page 186 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0086745 SDNY_GM_00232929 EFTA01385460

19% 7.0% AIWA 1105 1650 1%400 11.625 15.016 15.326 1540 WM 11701 MON 1% %A YoY 12% at% 03% 10% 4.6% .22% 4.7% .6.9% .5% .44% OCEANIA 1711 0,424 4014 1,10 7240 5105 5.501 5.40 5.711 5,11311 0% % ., Yov 49% .41% a" 35.5% .17.1% As 9% -17% .22% 4.6% 2.1% 131401

ive governments to put in place protective tariffs on unfairly "dumped" steel imports in order to achieve a fair and level playing field. Page 188 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086747 CONFIDENTIAL SDNY_GM_00232931 EFTA01385462

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)

2010 18891 2011 (4971 2012 (2,466( 2013 (1.9391 2014 12.9311 2015 (2.507) 2016 11.8741' Sone Dostto,* &int tbecnorp /rya ev, r.44.• 4, Deutsche Bank Securities Inc. Page 193 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086752 CONFIDENTIAL SDNY_GM_00232936 EFTA01385467

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