The data displays demand for steel products in industrial and emerging markets from 2015 to 2017. According to the forecast, demand for steel products in emerging markets will amount to approx. 1.18 billion tons in 201.
Demand for steel products in industrial and emerging markets In light of previously unsustainable growth rates in China’s construction sector, the steel industry is predicted to face a difficult period beginning in 2017. In the industrialized world, it is estimated that around 410 million metric tons of finished steel products will be consumed in 2017.
2015 | 399.1 | 1101 |
2016 | 405.9 | 1081.8 |
2017 | 410.4 | 1083.2 |