Sunday, 17 April 2016
Tehran,April17,IMIDRO_The World Steel Association (worldsteel) on wedensday (Apri13)released its Short Range Outlook (SRO) for 2016 and 2017. worldsteel forecasts that global steel demand will decrease by -0.8% to 1,488 Mt in 2016 following a contraction of -3.0% in 2015. In 2017, it is forecast that world steel demand will return to growth of 0.4% and will reach 1,494 Mt.