Global demand for finished steel products rose by almost 268 million metric tons between 2015 and 2019, and the industry witnessed an increase of around 3.5 percent between 2018 and 2019. This is believed to be partly due to the underrepresentation of demand from induction furnaces in China in official statistics. The actual growth between 2018 and 2019 was estimated to be around 1.3 percent.
Demand for finished steel products worldwide from 2015 to 2021
(in million metric tons)
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World Steel Association. (October 30, 2020). Demand for finished steel products worldwide from 2015 to 2021 (in million metric tons) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1097347/finished-steel-product-demand-worldwide/
World Steel Association. "Demand for finished steel products worldwide from 2015 to 2021 (in million metric tons)." Chart. October 30, 2020. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1097347/finished-steel-product-demand-worldwide/
World Steel Association. (2020). Demand for finished steel products worldwide from 2015 to 2021 (in million metric tons). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1097347/finished-steel-product-demand-worldwide/
World Steel Association. "Demand for Finished Steel Products Worldwide from 2015 to 2021 (in Million Metric Tons)." Statista, Statista Inc., 30 Oct 2020, https://www.statista.com/statistics/1097347/finished-steel-product-demand-worldwide/
World Steel Association, Demand for finished steel products worldwide from 2015 to 2021 (in million metric tons) Statista, https://www.statista.com/statistics/1097347/finished-steel-product-demand-worldwide/ (last visited December 18, 2024)
Demand for finished steel products worldwide from 2015 to 2021 (in million metric tons) [Graph], World Steel Association, October 30, 2020. [Online]. Available: https://www.statista.com/statistics/1097347/finished-steel-product-demand-worldwide/
