CMC 4th Quarter
2007
1st Quarter 2008
Asia
§The Various
Tax/Licensing Schemes Will Cut Exports
by a Third in 2008
§Some
Products, Semis, Will be Tight
§Will Tend
to Keep Asian Steel in Asia, but CMC
is Positioned to Take Advantage of That as Well
§Prices Will
Rise; More Confidence in the Region
§Iron Ore
Negotiations Heading to 30%+ Increase
Which Will Further Support Higher Finished
Goods Prices
