s steel to NA considering that NA benefits from a stronger pricing environment than the rest of the world. iiigure 22: Geographical Dislocations in Supply Demand l(X)0's of metric tonnes} Olobel SOS Supply I D88448110000 2007 2006 2009 2010 2011 2012 20111 2:0111 2015 2010 ASIA 42.199 363/3 '1.9281