The document discusses the oversupply of steel in Asia, primarily due to high production levels in China and Japan. In 2016, Asia produced 1.125 billion metric tonnes of steel but consumed only 1.061 billion, resulting in a surplus. The document includes a table showing steel production and consumption data from 2007 to 2016 for China, Japan, India, and South Korea. It highlights the impact of excess steel production on global markets, particularly in North America and the EU, where it affects domestic pricing and profitability.
doj/DataSet10/EFTA01385463.pdf
{"title":"Volume Trends in the Regional Markets","document_date":"2018-01-03","document_type":"tabular","key_locations":["Asia","China","Japan","India","South Korea","North America","EU"],"key_organizations":["Deutsche Bank","Bloomberg Finance LP","World Steel Association"]}