| Global apparent steel use will increase by 2.95% to 1,454 Mt in 2013, following growth of 1.2% in 2012, according to World Steel Association. In its Short Range Outlook for Steel in 2013-14, released on Thursday, worldsteel said that demand will grow further by 3.2% in 2014 to reach 1,500 Mt.
The worldsteel Economics Committee met 6-7 April 2013 in Dusseldorf, Germany. Commenting Hans Jürgen Kerkhoff, Chairman of the worldsteel Economics Committee said, “2012 was a challenging year for the steel industry with apparent steel use increasing at the slowest rate since 2009 when demand declined by -6.5%............................................Full Article: Source
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