The
BillScotting To be sure, Europe and North America, the recovery is still slow, China is still healthy growth, but the increase will be slowed down. Before ArcelorMittal expects global crude steel production this year will reach 1.4 billion tons, an increase of 7 percent over 2008 to reach 1World Steel Pipe World steel pipe network editing .7 billion tons in 2015, an increase of 21 percent this year.
the world's largest steel manufacturer Arcelor Mittal, vice president of BillScotting recently predicted that 2011 global steel demand will grow 5% -6% forecast is consistent with the International Steel Association. Demand growth will be mainly driven by Asia and emerging economies.
International Iron and Steel Association, predicted that 2011 global steel demand growth of 13% from this year is expected to slow to 5.3 percent, demand has increased from 1.27 billion tons to 1.34 billion tons, still a record level in October this year.
Recommended Reading:
The Guangdong area businesses offer summary
Steel futures weekly / monthly analysis report