Worldsteel Association forecasts that steel demand in China would grow by 7.8 per cent to stand at 900.1 million tonnes in 2019.
- The rest of the world is anticipated to witness a growth of 0.2 per cent in steel demand, and the global demand would stand at 874.9 million tonnes in 2019.
- Chinese steel demand is further predicted to surge by 1.0 per cent in 2020, while the global steel demand is anticipated to further grow by 2.5 per cent in 2020.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.