3.2012 to 2020 during the world steel demand and predict China’s steel demand
Steel consumption intensity per unit of gross domestic product, steel consumption in developing countries remains very high level, the reason is that developing countries need huge investments in infrastructure in the capital, the use of high-tech construction of new plants, in oil and gas drilling , oil transport and increase investment on new energy development, which requires spending a lot of steel.
Recently, the World steel Dynamics Corporation in 2010 and 2012 the world supply and demand for steel products were analyzed and evaluated. Starting from mid-2009 the world economy to a positive, positive direction, and the vast majority of people the world over the next 5 years is more optimistic about economic prospects, its causes, the severity of the economic recession have eased, and some important problems have been kept will be gradually resolved, such as high oil prices and high risk of global financial system have been properly addressed. Nevertheless, the world real demand for steel
The current rate of economic growth in developing countries much faster than the developed countries. China’s economic growth model requires a very high fixed-asset investment growth. China mainly relies on such a high growth rate of fixed asset investment growth model also used by other countries and regions such as India, the Middle East, CIS and South America are respected and implemented.
1.2009 2012 assessment of developments in the world steel industry
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