In its April 2019 Short Range Outlook (SRO), the World Steel Association (worldsteel) projected that global steel demand will grow by 1.3% year-on-year to 1,735 million tonnes in 2019 and increase by another 1.0% year-on-year to 1,752 million tonnes in 2020. In comparison, global steel demand in 2018 increased 2.1% year-on-year to 1,712 million tonnes.
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