News X
13 Oct 2015
World Steel Association's Short Range Outlook
Steel
According to the latest Short Range Outlook from the World Steel Association, Chinese apparent steel use (ASU) is forecast to contract by -3.5% this year and again by -2.0% in 2016. This contraction in Chinese demand has contributed to a world ASU growth forecast of -1.7% this year to 1,513.4 Mt, with growth of 0.7% in 2016.