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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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Emerging markets to account for 73pct of steel demand by 2012: Worldsteel
| Posted on 13 October 2011 |
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