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U.S. steel demand is slowly recovering

Release Date:2012-05-05  Hits:150
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regardless of how the market, with the passage of time to return to this for the demand conditions, and now there are no signs suggesting that demand will not soon return, the U World Steel Pipe News .S. steel consumption is bound to it is the further growth , but it needs more time.


the past 15 years, the American steel consumption averaged about 125 million tons, about 100 million tons of steel supply, global financial crisis to cause demand to drop 45 percent in the second half of 2008.


he said, new impetus to the steel industry, iron ore and coking coal prices are subject to the pull of the strong demand in China World steel pipe network editing , as well as the three major ore suppliers to the abuse of monopoly price, raw material prices rise . But prices will not have a major impact on North American steel manufacturers, mainly North American steel mills have their own iron ore and coking coal supply manufacturers in China and Western Europe need to import these materials, the rise in the cost of their greater impact.

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United States Steel Corporation (USS) president and chief CEOJohnP.Surma said recently at the annual meeting of the American Iron and Steel Association, the American steel demand is slowly recovering, steel consumption will eventually return to normal levels , but also takes time.

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