Global apparent steel consumption to rise by 3.6% in 2012, worldsteel says
Apr 27, 2012 | 07:49 AM
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Global apparent steel consumption is due to increase by 3.6% in 2012, as signs of stability start to emerge and recovery is expected to resume in the second half of the year, the World Steel Assn (worldsteel) said on Friday April 27.
Steel use is likely to reach 1.42 billion tonnes in 2012, up from 1.37 billion tonnes a year earlier, worldsteel said in its short-range outlook.
This is supported by growth of 4% in China to 648.8 million tonnes of apparent consumption, a rise of 6.9% in India to 72.5....
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