Global Steel Demand In 2023 Will Be 1.801 Billion Tons

Global Steel Demand In 2023 Will Be 1.801 Billion Tons.

From the perspective of the changes in the steel demand pattern in various regions, it is estimated that the proportion of steel demand in Asia will still rank first in the world in 2023, maintaining around 71%; The proportion of steel demand in Europe and North America continues to maintain the second and third place in the world, of which the proportion of steel demand in Europe is 0.2 percentage points lower than that in 2022 to 10.7%, and the proportion of steel demand in North America is 0.3 percentage points higher than that in 2022 to 7.5%; The proportion of CIS steel demand decreased to 2.8%, equivalent to that in the Middle East; The proportion of demand in Africa and South America increased to 2.3% and 2.4% respectively.

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