Steel demand to grow by 1.8% in 2018

The World Steel Association (worldsteel) has forecast 1.8% year-on-year growth in global steel demand to 1.62-billion tonnes this year. Worldsteel further reports in its April Short Range Outlook (SRO), published on Tuesday, that global steel demand will grow by a further 0.7% to 1.63-billion tonnes in 2019.