Rising Chinese exports and falling raw materials costs have resulted in a sharp decline in global long products prices, particularly in the final part of 2014. While further downside correction will be necessary next year, 2015 will emerge as a price floor before prices slowly start to increase from 2016.

Executive summary 1

Chapter 1 North America 11

Chapter 2 Central and South America 17

Chapter 3 Europe 23

Chapter 4 COS 29

Chapter 5 China 39

Chapter 6 South East Asia & Oceania 49

Chapter 7 North East Asia 53

Chapter 8 South Asia 57

Chapter 9 Middle East & Africa 65

Appendix A Industrial and economic outlook, 2014-2019 73

冶金工业信息标准研究院