18 April 2019

China steel consumption growth to slow to 3% in 2014, paper says

China’s steel consumption this year will grow by 6 percent, but the growth will slow to 3 percent in 2014, Beijing News reported Wednesday, citing the World Steel Association. Steel consumption in China is expected to grow to 721 million tons in 2014. Global steel consumption in 2014 is forecast to reach 1.52 billion tons, representing an increase of 3.3 percent, compared with 3.1 percent this year, the report said.

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