Steel demand growth forecast at just 2pc Global demand for - TopicsExpress

Steel demand growth forecast at just 2pc Global demand for steel will grow by just two per cent this year owing to a rebalancing of the Chinese economy and a slowdown in other emerging countries, the sector’s trade body said today. The growth forecast to 1,562 million tonnes in steel use by the World Steel Association (WSA) is down from the 3.1 per cent rate it forecast in April and the 3.8 per cent recorded in 2013. READ MORE: shar.es/1mX2VA

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