Given the pickup in the global economy, this month we take a closer look at developments in global construction markets. Construction is the primary driver of end-use steel and base metals demand accounting for almost half of usage. AME forecasts that the construction sector will experience a 4.5% CAGR over the forecast period. End use metals demand from the sector will experience similar rates of growth. Over the forecast period we expect construction related steel consumption to increase by 4.5% CAGR, aluminium 4.5%, zinc 4.2%, and copper and nickel 4.7%.
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