According to the latest research released by the Metallurgical Industry Planning and Research Institute, it is estimated that China's steel consumption in 2022 will be 920 million tons, down 3.1% year on year; It is predicted that the demand for steel in 2023 will be 910 million tons, down 1.1% year-on-year.
Referencing the analysis of global and regional economic development and steel demand, it is estimated that the global steel consumption in 2022 will be 1.795 billion tons, down 2.0% year-on-year; It is predicted that the global steel demand in 2023 will be 1.801 billion tons, with a year-on-year growth of 0.4%.
