India's Steel Consumption Rises While China Cuts Steel Use by 3.3%

摘要

World Steel Association (WSA) has said in its first short range outlook for 2015, that India's steel consumption growth is likely to be the highest both in current year as well as the next at 6.2% and 7.3%, respectively, while all other major consuming countries such as China, the US, Japan and Korea are expected to witness a sharp decline in consumption. The use of steel in China shrunk by 3.3% to 710.8 MT in 2014.