EFTA01385470.pdf

3 January 2018 HY Corporate Credit HY Multi Sector,Meda Cable & Satellite 2017 YTD Global Production Data YTD November 2017 crude steel production has expanded 5.5% YoY to 1.55bn mt versus 1.47bn mt last year representing an increase of 80.9mn mt YoY. Figure 36: 2017 YTD Global Crude Steel Volume Trends 2017Production Jan-17 F4217 PAN-17 Aprl? Mort? Jun.17 Jul.17 17 i0.ae.17 Deb17 Nov.17 WO 2017 54,4 44,746 86,693 99.151 98.900 99,201 39.008 100,715 1069564 F umu<m Unpon 14 031 13 354 15033 14,339 14,719 14,216 13979 12,3736 13,963 14.810 13,933 154,917 North America 9,844 9270 9,816 9.360 9,691 9.1768 9.1388 9,831 9448 9,915 9,679 106,382 Cis 8.848 7151 8.834 8.448 8.376 8.093 8.778 8,859 8.580 8.870 8.585 93.888 Other Europe 3.101 2,980 3.426 3,345 3.569 3.236 3.595 3,489 3,252 3.529 3.37313 36.949 South 4/TIO, CD 3.492 3259 3.663 3.675 3,719 3.411 3,620 3.753 3.748 1876 3,834 40,058 Middle Ent 2.620 2403 2,634 2)574 27300 25442 2564 3.299 2,848 2791 2.698 29.681 Africa 4116 1078 1121 1,090 1.159 1.015 1,050 1.157 1,152 1,193 1.187 12,358 Oceania 422 492 tut MI i.t ti 5.1.4 k22 tr, 9.23i Total Production 198.182 127.134 144.065 142,247 143.125 141.837 144.681 144.781 1.41.875 144.970 136280 1.549.187 %x/20/7 Production Jain-17 Fob-17 Mat-17 Apr-17 8261`17 41111-13 341-17 Aug-17 Sop-17 041-17 Nor-17 YTO 2017 An 686% 661% 63.8% 695% 690% 698% 69.6% 707% 694% 686% 678% 690% European liwon 10 2' 705% 704% 777 7% 103% 700% 97 98% 102% 703% 100% Ptah Arnork• 71% 73% 68% 66% 68% 68% 69% 68% 6 7% 68% 7.7% 69% OS 63% 6 7% 6.1% 5 9% 59% 57% 6 1% 6 7% 60% 6 1% 6 3% 81% Other Eurep• 23% 23% 24% 24% 2.5% 23% 26% 24% 23% 24% 2.5% 24% South Arnoncs 25% 26% 25% 26% 26% 24% 25% 25% 26% 2 7% 28% 26% MidoViii Cal I% 9% 1.% /9% 8% I% re.k. 23% 20% 9% 20% 1.9% Atka 08% 084 08% 08% 08% 0 7% 07 08% 08% 06% 09% 08% 04•47, 4 04% 03% 03% 03% 03% 04% 04% 04% 03% 04% 04% 04% %of Production 100.0% loon 1000% 100.0% 1000% IWO% 100.0% 1000% W00% IWO% 1000% loon Production % SIN Jon Yr/ Feb A Y/T art Apr Yr/ Mai A lifY Jun AM Jul WY At, VT Sop! WY Octa WY Nov WY Man Aiwa 97% 59% 34% 65% 3.2% 52% 9)% 60% 624 55% 18% 57% Fun:04w Lln.en 43% 00% 6.8% 70% 79% 27% 64% 20% 3 In 35-„ 33% 3" "with Amwva 64% 34% 5.5% 085 .0.1% 0 1% 36% 50% 70% 11.0% 69% 4.7% is n .39% .04', '3 1% .69% '2 5% 00% 5 0% 53% 37% I% 05% Other Europe 128% 168% 77.1% 30% 106% 44% 26.8% 734% 174% 103% 68% 125% South Amend 93% 29% 740% 234% 109% 34% 47% 55% 129% 86% 794% 70 3% 5.4014fte East 758% 8.0% 17.7% 120% 0.8% 94% 37.9% 754% 70.9% 62% 5% Mira 70 5% 76 91:- 73% 109% 99% 49% 03% 21.3% 103% 13 7% 760% 170% Oceania 62% 21.5% 11.8% 729% .113% '23% It% -102% 27% 4.9% 24% Toni Y/Y 8.7% 4.7% 43% 5.4% 2.5% 40% 104 77% 84% 6.0% 3.2% 53% Production %1WM Jan mina NIA WM IlllaraMMI AptaWM Mau MiM Jung mai Jo AMA Pac &MAI thipalliThl Oet6WM Nevallni Aoa 229E .66% )0.5% -04% 00% 02% 7.7% 08% an 7. 7% .77% European Un.0.4 78% .52% 726% -4.3% 23% '3 4% -17% .174% 127% 67% .56% North America 46% .58% 5.8% -46% 35% 413% 21% .04% 49% 49% .24% OS .22% . 704% 74.0% 44% -09% '33% 84% 09% .3.7% 34% 3 2% OWN Europe 70% .5 1% 14.9% ..23% 67% .91% 17.7% .29% a% 85% •40% South Amanc4 205% .67% 126% 02% 1.2% .830 67% 3.7% 0.1% 34% - 7 1% 84.46oVo E. 45% -83% 5.5% 55% -2% 24% -4.1% 191% -737% .19% .33% .Vera 6.0% .34% 0.1% -29'. 72% 105% 05% 102% -04% 36% -05% ()HSU•• •39% • W 7% 77% @1% 56% 24% 20% 1.2% 40% 115% 1.1% Tom/ % WM 11% 40% /IS% OA% -00% Zro 0.1% -20% 22% '4 0% 5otc OfueSCAO Boat ftectroorg Arww L. the Vart4 ~Anon Deutsche Bank Securities Inc. Pogo 197 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0086756 CONFIDENTIAL SDNY_GM_00232940 EFTA01385470