It is reported that the global steel
demand has decreased and price slid down in 2015, due to Chinese economic
slowdown further.
However, the analysts are optimistic about the US and European markets will
release more demand in this year and global steel mills except China will
improve the difficult situation.
According to the British Financial Times indicated that 18 analysts predicts
2016 global crude steel output will grow of 0.15%, due to improving economy for
the United States and Europe.
Among them, US’s steel production will expect to increase by 3% in 2016; EU’s
steel production out will increase by 0.9% in 2016, respectively.
Source: yieh.com