World Steel Association Releases its Short Range Outlook
World Steel Association Releases its Short Range Outlook
The Brussels-based organization forecasts that global steel demand will decrease by 1.7 percent, to 1,513 million metric tons in 2015, following growth of 0.7 percent in 2014. Chinas steel demand is expected to decrease by 3.5 percent in 2015 and by 2 percent in 2016, following its demand peak in 2013, the organization says. (more…)