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15 Dec
00:00

OECD steel committee warns of moderate demand growth for 2014, 2015

Global steel production growth has decelerated during the course of 2014, notes the steel committee of the OECD (Organisation for Economic Cooperation and Development) in its latest meeting held last week in Cape Town, South Africa. In the third quarter of 2014, world steel production increased by 1.6%, year-on-year, to 1.62 billion tonnes in annualised terms, slowing from growth rates of 2-2.5% in the first two quarters of 2014. By contrast, the world's…
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