Arab Today, arab today global world steel use set to grow 31 this year
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Global world steel use set to grow 3.1% this year

Arab Today, arab today

Arab Today, arab today Global world steel use set to grow 3.1% this year

Sao Paulo - AFP

Global steel use is expected to grow 3.1 percent this year, up from two percent last year and to expand 3.3 percent in 2014, industry experts said here Monday. A report released by The World Steel Association, which groups 170 steel producers, said global use should rise to 1.475 billion tons, up up 3.1 percent following growth of two percent last year. It forecast a 3.3. percent expansion to 1.52 billion tons in 2014. \"Major emerging economies, particularly India and Brazil, have not performed as hoped mainly due to key structural issues. These factors have led to a lower steel demand performance than predicted across the world, with China being the one exception,\" said Jurgen Kerkhoff, chairman of the Worldsteel Economics Committee. \"In 2014, we expect to see continued recovery in global steel demand with the developed economies overall returning to positive growth. At the same time we expect slower growth in China,\" he added. \"The industry is going through a very difficult phase,\" Association director general Edwin Basson told AFP. \"Demand in many parts of the world has grown much slower than anticipated and at the same time we see that output conditions, in terms of productivity, are also difficult in many parts of the world,\" he added. According to industry data, steel demand in China will grow six percent this year, but only three percent in 2014. In the United States, demand will rise only 0.7 percent this year after a 7.8 percent growth last year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today global world steel use set to grow 31 this year Arab Today, arab today global world steel use set to grow 31 this year

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today global world steel use set to grow 31 this year Arab Today, arab today global world steel use set to grow 31 this year

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday