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World Steel Association Short Range Outlook
In its latest Short Range Outlook the World Steel Association forecasts flat steel demand growth in China next year at 765.7 Mt, citing environmental measures and attempts to rebalance the economy. By contrast, steel demand growth in the world outside China is expected to increase by 3.0% to 882.4 Mt in 2018 as an improved economic outlook lifts demand, particularly in India and Turkey. As a result, world steel demand in 2018 is forecast to rise by 1.6% to 1.6 billion tonnes.