Based on new released market analysis report from South Korean Samsung Securities, the operating profit ratio from most steel mills in the world will rise from 3.4% to 4.8% averagely in 2013, rising by 40% from 2012.
South Korea steel mills' average operating profit ratio will be at 8%, the highest among the global steel mills.
Also, US Steel and Nucor will have a significant improvement in their operating profit ratio in 2013. US Steel's operating profit rate is expected to rise to 4.2% from 2.7% and Nucor's is forecasted to increase to 8.5% from 5.6%.
Market analyst said Taiwanese largest steelmaker China Steel Corp. (CSC)'s total sales profit in 2013 might reach NT$10 billion, meaning that CSC's operating profit ratio might surge by two folds.