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Steel Market Evaluation
MEPS specialise in the collection of steel market data
and the evaluation of future demand trends. We analyse the steel
consuming markets to assess demand. It is also important to understand
the range of products used in each of the consuming sectors. Our
"in-depth" knowledge of steel markets enables us to highlight,
at an early stage, key elements of change in supply and demand for
specified products.
Market studies are normally tailored to meet the specific needs
of our clients. We are able to offer the most cost effective method
of approach commensurate with attaining our clients' needs. We have
developed a highly effective method of collecting data by personal
and telephone interviewing techniques. We also pride ourselves on
our analysis of market sectors for which no official statistics
are available.
Trends in Worldwide Steel Consumption.
We offer to our steel industry clients an evaluation of market potential
and future trends in demand for specified products in selected markets.
For the steel consumers we offer information on supplies, substitute
materials and technology changes that may affect their future steel
procurement. Studies outlining steel supply/demand trends and market
price forecasts are also available.
Strategic evaluations are normally required from our market studies.
Typically, assessments are made of the following key issues.
Market Size |
Price Tendencies |
Demand Forecasts |
Product Potential |
Market Mechanism |
Opportunities and Threats |
Competition |
Imports/Exports |
Product Substitution |
Future Trends |
MEPS specialise in the iron, steel and related industries. We have
successfully undertaken projects in world markets - including West
and Eastern Europe, United States, Middle East and Japan. Some of
the steel consuming industries we have researched in detail are:-
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Automobile
- Offshore Oil and Gas
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Construction
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Domestic Appliances
- Energy
- Service Centres
We have undertaken a number of wide ranging attitude surveys in
the steel market. These studies are often confidential and are required
to test the market prior to making investment decisions. Surveys
have been carried out in the following fields:-
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New Products
- New Concepts of Manufacture
- New Pricing Policies
- New Concepts in Distribution
Statistical data collection on the steel market is a key item in
our research programmes. The steel industry boasts a wide range
of product types based on shape and grade. Collection of steel statistics
is a complex operation. A detailed knowledge of the users of steel
products is essential for this type of work. Studies have been made
to assess future demand for a range of products including:-
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Coated Steel
- Sections and Beams
- Cold Rolled Strip
- Foundry Products
- Forgings
- Tinplate
- Hot Rolled Coil
- High Tensile Plate
- Semi-finished Products
- Tubes and Pipes
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