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Worldsteel Releases Short Range Outlook
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2011-04-28
The World Steel Association has released its short range outlook for 2011 and 2012. Worldsteel forecasts that apparent steel use will increase by 5.9% to 1.359 million tonnes in 2011, following 13.2% growth in 2010. In 2012, it is forecast that world steel demand will grow further by 6.0% to reach a new record of 1.441 million tonnes.