Global Steel Demand to Inch Up Amid Development in Emerging Economies Says WSA

  • Oct 20, 2019 AEDT
  • Team Kalkine

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.

 

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