Outlook for Stainless Steel World Market

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Agenda1. Until Summer 2008:A bumpy Ride, but the World is basically OK2. After the Summer:What in Hell is Going On?3. The Key Challenges have not changed!Feinox 2008© Copyright SMR GmbH 2008-7-
2008: Another Year dominated by De-stocking and Nickel Losses2009: Weakness in all Enduse MarketsEUROPENAFTACHINAOth. AsiaTotal WorldOthersBlue = Change `07-`08Red = Change `08-`09Feinox 2008© Copyright SMR GmbH 2008-8-
Page 1 and 2: Outlook for theStainless Steel Worl
Page 3 and 4: Stainless Steel Products 2007 (Prod
Page 5 and 6: Share ShareTop Top 10: 10:84 84 %Al
Page 7: 2008: Surprisingly a new Destocking
Page 11 and 12: 2009 will start on a significantly
Page 13 and 14: Market will still reach 45 mill. to
Page 15 and 16: Ni Substitution* will still go on30
Page 17 and 18: Lack of Consolidation: Stainless St
Page 19 and 20: After the Storm:Some Damage, but al
Page 21: PRODUCTS LOCATIONOUR TEAMM. MollEnd

Outlook for Stainless Steel World Market

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