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    Economy

    Global Steel Demand to Gain 0.7% in 2016 After Drop in 2015

    Written by Sandy Williams


    Global steel demand will decrease by -1.7 percent to 1,513 million tonnes in 2015, according to the World Steel Association’s Short Range Outlook for 2015 and 2016.

    The 2015 decrease follows a gain of 0.7 percent in 2014, the same amount of growth that WSA expects to see again in 2016 as steel demand reaches 1,523 million tons.

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