[www.ferro-alloys.com] World steel Association 2016-2017 short-term global steel demand Outlook report released April 13. According to the world steel Association estimated in 2015, after shrinking 3% 2016 global steel demand is likely to fall further 0.8% to 1.488 billion tons, but in 2017 is expected to return to growth, rose 0.4% to 1.494 billion tons

According to the world steel association predicts that China's steel demand will fall by 4.0% year-on-year in 2016, further decline by 3.0% in 2017. This shows that China's steel demand will drop to 626.1 million tons in 2017, fell by 15% compared with 2013, accounting for the proportion of total global steel consumption from 47.9% in 2009 and 44.8% in 2015 fell to 41.9%.

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• [Editor:Chen Zhen Seng]