Looking to the future development prospects of 3 years in 2010, world crude steel production will rebound 17.2%, 13.7% of steel demand will increase, rose to 1.42 billion t; 2011 World crude steel production will lead to further growth of 5.4%, rose to 1.52 billion t, steel demand will be increased by 5.8% to 1.5 billion t; 2012 World crude steel production in turn increased by 4.7% to 1.59 billion t, steel demand growth of 4.6%, to reach 1.57 billion t. It should be noted that the second quarter of 2008, converted into annual world crude steel production and steel demand reached 1.46 billion
2011 is the rest of the world, excluding China, growth in steel demand continues to the year, reflecting the recovery in the world economy overall synchronization. On the contrary, China’s fixed asset investment decline, leading to a slowing demand for steel. From the rest of the world, the steel consumption expenditure and capital-intensive construction sector began to rebound strongly. World crude steel production in 2011 will grow by 5.4%, to 1.52 billion t.
Financial crisis, the world steel industry began a slow recovery. According to World steel Dynamics Corporation (WSD) predicts that by 2010 the world steel demand will rise by 13.7% in 2011 increased by 5.8% in 2012 increased by 4.6%. The next few years, the world economy some new situations and new changes will affect the development of the world steel industry and downstream steel demand; the same time, in the present world economic development is an important uncertainty factor is that governments take the loose whether monetary policy can stimulate economic growth continued influence.
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