Banner
Quarterly Financial Report
Monday | 24 October, 2011 | 2:09 pm

Q2 2011 quarterly financial report

By Houlihan Lokey

October 2011 - The domestic steel market continued its growth in the second quarter despite a slowing macroeconomic recovery, which still was able to bolster metal demand across many end markets. During the quarter, analysts witnessed M&A market improvement over the same period last year, as deal volume and values increased substantially. The number of U.S. transactions improved during the quarter, increasing 29 percent over the same period last year. For the eighth quarter in a row, the U.S. economy showed continued economic growth. Rising consumer sentiment and stabilizing unemployment helped accelerate GDP growth, as the economy grew real GDP at 1 percent versus 0.4 percent in the first quarter. China’s economic growth continued to lose speed in the second quarter, with annualized GDP growth of 9.7 percent, but inflation continued to raise concerns about a possible interest rate tightening in Beijing.

To view the full report, click here.

tigerstop-square-promo

tinius-square-promo

Advertisement

current-box-latest-issue-red-mm 
MM-Cover-0515-digital-email

vert-current-linewhiteMAY 2015

SAFETY PATROL

Ford builds durable vehicles, using tough materials, that officers say make them feel safer

> READ THIS
MONTH'S ISSUE

Midwest-MM-home-ad-5

Modern Metals on Twitter

Banner

TrendPublishing

twitter facebook linkedin rss

 

MM-0515-brandingcovers