An October 2018 release from the World Steel Association predicted a small increase (1.4%) in global steel demand for 2019. That projection proved to be too conservative as the same report (pictured above) in October 2019 details increases of 3.9 percent due in large part to an unexpected rise in demand in China.. The year was challenging for the vast majority of worldwide economies, but
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May 11, 2020 · China was the worlds largest steel exporter in 2019. In 2019, China exported 62.0 million metric tons of steel, a 7.3 percent decrease from 66.9 million metric tons in 2018. Chinas exports represented about 15 percent of all steel exported globally in 2019.
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