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Emerging markets to account for 73pct of steel demand by 2012: Worldsteel

Posted on 13 October 2011

The World Steel Association (Worldsteel) today released its October 2011 Short Range Outlook (SRO) for 2011 and 2012. Worldsteel forecasts that apparent steel use will increase by 6.5% to 1,398 mmt in 2011, following growth of 15.1% in 2010. In 2012, it is forecast that world steel demand will grow further by 5.4%.
The Worldsteel Economics Committee met 7-8 September 2011 in Istanbul……………………………………….Full Article: Source


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