DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/886d2f/south_korea_metals) has announced the addition of the "South Korea Metals Report Q1 2012" report to their offering.
Korean metals consumption growth is set to moderate sharply in 2012 as the country's exports of manufactured goods are hit by a global economic slowdown and an expected contraction in the European market, according to BMI's latest South Korea Metals Report.
Business Monitor International's (BMI) South Korea Metals Report provides industry professionals and strategists, corporate analysts, metals associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on South Korea's metals industry.
The leading market of steel and aluminium consumption growth in Korea is the automotive industry, which saw production surge 9.2% y-o-y to 4.23mn units in the first 11 months of 2011. Despite an expected recession in Europe causing a slowdown in the global economy and the strength of the Korean won, the Korea Automobile Manufacturers Association (KAMA) is confident of a 3.1% rise in output to 4.7mn units in 2012 on the back of a 3.9% rise in exports to 3.2mn units. On the downside, the deep contraction in South Korea's construction industry continues unabated, with the country having posted poor growth figures for 2011. However, BMI believes that the construction sector will recover in 2012, with our forecasts showing construction real growth to reach 3.1% due to the low base as well as commercial construction activity.
Key Topics Covered:
- SWOT Analysis
- Global Market Overview - Steel Forecast
- Commodities Forecast
- Regional Overview
- Industry Forecast Scenario
- Competitive Landscape
- Company Profiles
- Global Assumptions
- Country Snapshot: South Korea Demographic Data
Companies Featured:
- Hyundai Steel
- Korea Zinc
- LS-Nikko Copper
- Pohang Iron and Steel Company (POSCO)
For more information visit http://www.researchandmarkets.com/research/886d2f/south_korea_metals