World Steel Association forecasts 13% increase in global steel demand
| Foreign media, according to World Steel Association, 4, global steel demand is forecast released report shows that will reach 1.2722 billion tons in 2010 |
PRLog (Press Release) – Oct 10, 2010 – Foreign media, according to World Steel Association, 4, global steel demand is forecast released report shows that will reach 1.2722 billion tons in 2010, compared with 13.1% in 2009, also before the outbreak of the financial crisis over the demand for 1222000000 07 tons.
Strong demand in emerging market countries has pushed up the total global demand, with China reached 578.7 million tons, accounting for 45%. 11 years of global steel demand is expected to be higher than the predicted 10-year increase of 5.3% to 1,339,700,000 tons.
4 at the Association annual meeting in Tokyo, Japan steel giant JFE was announced that a president Martin became the next president of the Chinese steel giant, Zhang Xiaogang, general manager of Anshan Iron and Steel as vice president, he is likely to be replaced after Martin became president.
If you assume his Zhang Xiaogang,bronze powder ( FCu 663) wholesaler, Chinese enterprises will become the first from the World Steel Association chairman. Global crude steel production in the top ten companies, Chinese companies accounted for 5 seats. Zhang's appointment will be confirmed once again the Chinese Steel Industry in the important position.
Current president of the World Steel Association Mr Rocca said: "The most serious since the Great Depression the world economic crisis has in the past year, the steel industry has begun to return to growth after bottoming out."
International Iron and Steel Association Chairman Paolo Rocca in a briefing session for further recovery in steel demand in 2011 expressed a cautious view of prospects,bronze powder ( FCu 663), as demand in developed countries still significantly below the 2008 level before the global economic downturn. At the same time, China's market outlook difficult to predict.
The association expects growth in China's steel demand in 2010 by 6.7% to 5.79 million tonnes. China's steel consumption in 2009 a substantial increase of 24.8%. However, due to the Government to take measures for the real estate market cooling, while continuing to exercise control of steel production is expected the remainder of 2010,bronze powder ( FCu 663) supplier, the world's largest steel market in China's consumption growth will slow down significantly.
Source: http://www.mhcmp.com
Strong demand in emerging market countries has pushed up the total global demand, with China reached 578.7 million tons, accounting for 45%. 11 years of global steel demand is expected to be higher than the predicted 10-year increase of 5.3% to 1,339,700,000 tons.
4 at the Association annual meeting in Tokyo, Japan steel giant JFE was announced that a president Martin became the next president of the Chinese steel giant, Zhang Xiaogang, general manager of Anshan Iron and Steel as vice president, he is likely to be replaced after Martin became president.
If you assume his Zhang Xiaogang,bronze powder ( FCu 663) wholesaler, Chinese enterprises will become the first from the World Steel Association chairman. Global crude steel production in the top ten companies, Chinese companies accounted for 5 seats. Zhang's appointment will be confirmed once again the Chinese Steel Industry in the important position.
Current president of the World Steel Association Mr Rocca said: "The most serious since the Great Depression the world economic crisis has in the past year, the steel industry has begun to return to growth after bottoming out."
International Iron and Steel Association Chairman Paolo Rocca in a briefing session for further recovery in steel demand in 2011 expressed a cautious view of prospects,bronze powder ( FCu 663), as demand in developed countries still significantly below the 2008 level before the global economic downturn. At the same time, China's market outlook difficult to predict.
The association expects growth in China's steel demand in 2010 by 6.7% to 5.79 million tonnes. China's steel consumption in 2009 a substantial increase of 24.8%. However, due to the Government to take measures for the real estate market cooling, while continuing to exercise control of steel production is expected the remainder of 2010,bronze powder ( FCu 663) supplier, the world's largest steel market in China's consumption growth will slow down significantly.
Source: http://www.mhcmp.com
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