Steel Times International


Tom Daly, Elouisa Dalli

Central and Eastern Europe Steel 2005 STI Release

November 02, 2005

Eighteen months into life as fully fledged EU members, the Czech Republic, Slovakia, Hungary and Slovenia are performing very well as they look to close the gap on the economies of their Western European counterparts. Like Poland they have managed difficult transitions since the fall of communism in 1989, moving from centralized to market economies, undergoing extensive industrial restructuring and attempting to shed the lingering ‘Wild East’ image in the process. The signs are that the region is suffering less and less from an image problem: the Ernst and Young European Attractiveness Survey 2005 reported that 31% of Foreign Direct Investment in Europe in 2004 went to CEE countries, which are seen as low cost competitors to China for investment projects.


Kosmos logistics is growing with Mexico’s rapidly developing manufacturing sector, particularly servicing the automotive industry.
Galvaprime explains the market for supplying metals to Mexico’s manufacturing sector.
Tenova HYL holds approximately 50% of the direct induced iron (DRI) reduction market, a technology which it has pioneered.
"The market in Mexico used to be only based on price, but now clients are also looking for quality and are able to pay a little more. Companies must have high efficiency and be prepared to produce products when the client needs them.”


Pan African Resources is a mid-tier African-focused gold producer listed in Johannesburg and on the AIM market in London.