ArcelorMittal makes a forecast of steel consumption in 2015
Edited by Rhod Mackenzie / 2015-02-16 06:29:23
In 2015 the steel consumption in the world will rise by 1.5-2%, is said in the forecast of ArcelorMittal.
According to the document, the continuation of the demand growth by 1.5-2.5% is expected in Europe (compared to 3.4% in 2014). In the USA the consumption of metal products will stay at the level of 2014 (or will even fall by 1%) while in 2014 the US market showed a 10% growth.
After a 6% fall on the results of 2014, ArcelorMittal expects that the demand in Brazil will rise by 1-2% in 2015. A 1.5-2.5% growth is forecast in China.