Executive Summary . 5
SWOT Analysis 6
Austria Economic SWOT 6
Austria Business Environment SWOT 6
Europe Metals Overview . 7
Industry Forecasts . 12
Table: Austria’s Steel Industry Forecasts . 13
Table: Austria’s Steel Industry . 13
Macroeconomic Outlook 14
Table: Austria – Economic Activity, 2011-2016 16
Commodities Forecast 17
Table: BMI Steel Forecasts . 17
Table: Steel Price Data, (US$/TONNE) 22
Commodity Strategy – Monthly Metals Update . 22
Table: Select Commodities – Performance & BMI Forecasts 31
Competitive Landscape 32
Company Profiles 33
Voestalpine . 33
Austria Metall AG . 34
Global Assumptions, Q212 35
Table: Global Assumptions, 2010-2016 35
Table: Global And Regional Real GDP Growth, 2010-2013 (% change y-o-y) . 36
Table: Developed Market Exchange Rates, 2011-2013 . 36
Table: Emerging Market Exchange Rates, 2010-2013 . 37
Developed States . 37
Table: Developed States – Real GDP Growth, 2010-2013 37
Emerging Markets . 38
Table: Emerging Markets – Real GDP Growth. 2010-2013 39
Consensus 40
Table: BMI And Bloomberg Consensus Real GDP Growth Forecasts, 2011 And 2012 (%) 40
BMI Methodology 41
How We Generate Our Industry Forecasts 41
Cross Checks . 41Table: Austria''s Steel Industry Forecasts . 13
Table: Austria''s Steel Industry . 13
Table: Austria – Economic Activity, 2011-2016 . 16
Table: BMI Steel Forecasts . 17
Table: Steel Price Data, (US$/TONNE) . 22
Table: Select Commodities – Performance & BMI Forecasts . 31
Table: Global Assumptions, 2010-2016 . 35
Table: Global And Regional Real GDP Growth, 2010-2013 (% change y-o-y) . 36
Table: Developed Market Exchange Rates, 2011-2013 . 36
Table: Emerging Market Exchange Rates, 2010-2013 . 37
Table: Developed States – Real GDP Growth, 2010-2013 . 37
Table: Emerging Markets – Real GDP Growth. 2010-2013 . 39
Table: BMI And Bloomberg Consensus Real GDP Growth Forecasts, 2011 And 2012 (%) . 40