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Global Stainless Steel Outlook - Indian Stainless Steel Development ...

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<strong>Global</strong> SS <strong>Outlook</strong><br />

Geographic Consumption Growth<br />

1995-2004<br />

Annual growth rate<br />

in Asia –12.6% as<br />

against 6% global<br />

growth<br />

Asia incl. China, South Korea, India, Thailand, Taiwan has become the largest user segment<br />

with share of almost 43% last year which is expected to increase to 50% going forward<br />

Above change in market dynamics to have substantial impact on raw material markets,<br />

pricing, material flow, product mix by grades and market development<br />

Data source : Heinz H. Pariser, Alloy Metals & <strong>Steel</strong> Market Research

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