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18 Oct
15:26

Global steel demand slips in August

Global apparent steel consumption in August was down 4.5% month-on-month but up 1.3% year-on-year at 146.4 million tonnes, according to a Kallanish analysis. So far this year, Europe and Southeast Asia have been the main drag on growth. While China has stalled, India, Turkey, and the Middle East have seen the strongest growth. Over January-August this year, global apparent steel consumption fell just 0.4% on-year to 1.206 billion tonnes. Chinese apparent demand dr…
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