Goldman Sachs
4th Annual Global Steel CEO Forum
December 4, 2008
Europe / Middle East
§Mill
Production Cutbacks and Inventory Reduction
Programs Will Continue into 2009
§Large
Inventories Unsold Rebar in Middle East Markets
§Polish
Government Stimulus Package and EU Funds
for Infrastructure a Positive for 2009
§Many
Governments are Focusing on Infrastructure
Spending in 2009 Which Will Benefit
Long Steel Products
