P P O O H H S S K K R R O O W W 2012 2012 24 25 - PowerPoint PPT Presentation

Special program P P O O H H S S K K R R O O W W 2012 2012 24 25 October www.people.marcegaglia.com

THU n o s i v i 25 i d l i o c a i g l a g e c r a M n i , i d a l a P o c i r n E Marcegaglia processing centre in Ravenna: 0 0 . 2 1 h the Mediterranean coils hub

Ravenna plant development more than 10 years investments

logistics hub

Marcegaglia Ravenna group main logistic hub 700 m harbour docks 5 cranes

3.5 million t moved each year

Until 1999 1 piclinkg line 1 glavanizing line

Ravenna 2000 project: 2001 : e n i l g n i l l o r d y l o t i c c a 1 st p • a c n o t 0 0 0 , 0 0 5 , 1 : s e c a n r u f g n i l a e y n t n c i a a • p a c n o t 0 0 0 , 0 5 7 : e n i l g n t i n i a p - e r y p t 1 st i c a • p a c n o t 0 0 0 , 5 7 2

Ravenna 2000 project: 2005 : e n i l g n i l k y c i t p i c 2 nd a p • a c n o t 0 0 0 , 0 0 5 , 1 : g n i z i n a v l a g p i d - t o h y t 2 nd c i a • p a c n o t 0 0 0 , 0 3 3

Ravenna 2000 project: 2010-2012 : d l o c 3 nd d n a y t 2 nd i c a • p a c n o t 0 0 0 , 0 e 3 n 7 l i g n i t n i a p - a v l a g : d y t e i n c a i b p m a c o c g • n i t n i a p - e r p l a t o t n o t 0 0 0 , 0 7 5 : y t i c a p a c g n i z i n a v l a g l a t n o o • t t n o i l l i m 2 t s o m l a

Flat products exports 3.000.000 a i l a t I 2.500.000 t r o p x E 2.000.000 1.500.000 1.000.000 500.000 0 e 9 0 1 2 0 1 1 1 0 0 0 0 2 2 2 2

% 0 5 = s t a l f a i l g a g e c r a M f o s e l a s l a b o l g

Outlook: short term view

European crude steel production (m ton) y t i c a p a c r e v 250 o l a r u t c u r t S e p 200 o r u E n i 150 100 50 0 6 7 8 9 0 1 2 0 0 0 0 1 1 1 0 0 0 0 0 0 0 2 2 2 2 2 2 2

World crude steel production (m ton) : n o i t a z i l i t u y t i c a p a 1 C 1 0 2 r e t r a u q V I o t k c a b %) d ( l r o W %) W ( O R %) a ( n i h C y g t a u n u l u p M J J A e S

Signals of consolidation worldwide

Signals of consolidation worldwide China > eliminating outdated capacity in the steel sector before 2015

Signals of consolidation worldwide Top 5 Chinese mills = 28,5% of China’s production only

Signals of consolidation worldwide Nippon Steel + Sumitomo = 46,1 million tons steel production

Protectionism in the steel trade

Protectionism in the steel trade EU + Russia > antidumping against Chinese PPGI

Protectionism in the steel trade Brazil > higher duties on steel imports

Protectionism in the steel trade Thailand > antidumping against Chinese carbon steel

Marcegaglia role in the short term period

% 1 , 4 + : 2 1 0 2 % 1 , 4 + 3 : 1 % 0 0 2 , 8 + 2 : 1 % 0 2 0 , 0 % : 2 5 1 , 0 % 8 2 + 5 , 5 : 3 + % 1 : 0 2 2 2 , 1 1 + 0 2 : 3 1 % 0 2 7 , 3 + : 3 1 0 2 % 0 , 2 + : 2 1 % 0 2 4 , 5 + % : 3 2 , 1 2 0 + 2 : 3 1 0 % 2 3 , 5 + : 3 1 % 0 4 2 , 5 + : 2 1 0 2 % 1 6 , + : 3 1 0 2 s e r i t n u o c g n i g r e m y E r e % v o 4 , c 3 e + r d : 2 a e 1 l 0 l 2 i l w d l r o % w 2 , l 4 e + e t : s 3 e 1 0 h 2 t n i n n o i t p m u s n o c

% 1 4 , + : 2 1 0 2 % 1 , 4 + : 3 1 0 2 Ravenna % 5 , 5 + : 2 1 0 2 % 7 , 3 + : 3 1 0 2 % 4 , 5 + : 2 1 0 2 % 3 , 5 + : 3 1 0 2

Ravenna

Special program P P O O H H S S K K R R O O W W 2012 2012 24 25 October www.people.marcegaglia.com