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Global steel demand to grow 0.9 pct in 2018 - Worldsteel
April 21, 2017 / 10:24 AM / 5 months ago

Global steel demand to grow 0.9 pct in 2018 - Worldsteel

LONDON, April 21 (Reuters) - Global steel demand is expected to grow by 0.9 percent year on year to reach 1.549 billion tonnes in 2018, the World Steel Association said on Friday.

This year, global steel demand is on course to grow by 1.3 percent to 1.535 billion tonnes, it added.

Steel use in top consumer China is expected to be flat this year at 681 million tonnes and to fall by 2 percent in 2018 to 667.4 million tonnes, the group said. (Reporting by Maytaal Angel; Editing by Mark Potter)

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