World Steel Association expects global steel demand in 2010 will grow by 11% – MAL cylinder
World Steel Association chairman Rocca25 day that global steel demand in 2010 will grow by 11%, in addition, the association expects U.S. steel demand in 2010 will increase 25% over 2009.
NEW YORK, March 26 report, the World Steel Association (World Steel Association) Chairman Paolo Rocca25 day that global steel demand in 2010 is expected to increase 11% over 2009, due to the initial U.S. economic recovery and sustained economic growth in Asia.
Said "we hit 2009, 2010, we must consider how to promote development of the industry." World Steel Association said global steel demand in 2009 fell 7 percent, the United States and Europe, sharp drop in demand, but the decline in part by the Chinese steel demand offset by rapid growth.
U.S. steel demand is expected to grow over 25% in 2009, the United States in 2009 than in steel demand fell 41%.
However, PaoloRocca said that Asia is growing as the steel production of "focus areas", China in 2009 the occasion of the global financial crisis, demand for steel is still up 25%.
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