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17 Apr
16:41

Global steel demand continues its broad recovery: worldsteel

The World Steel Association (worldsteel) has released its April 2018 short range outlook (SRO), Kallanish notes. worldsteel forecasts global steel demand will reach 1,616.1 million tonnes in 2018, an increase of 1.8% on 2017. In 2019, it is forecast that global steel demand will grow by 0.7% to reach 1,626.7mt. Steel demand is benefitting from favourable global economic momentum, but facing risks from rising global trade tensions, chairman of the worldsteel…
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