OECD PREDICTS SLOWDOWN IN GLOBAL STEEL MARKET OVER NEXT 10 YEARS
December 1st, 2012
BY KEITH NUTHALL
A new slowdown in the growth of global steel markets is a long term trend, spanning the rest of the decade and beyond, the Organisation for Economic Cooperation & Development (OECD) predicted today. (Friday).
These conclusions were reached by the OECD's steel committee meeting in Paris over the past two days. It has released a communiqué predicting global steel demand should reach 2.3 billion tonnes in 2025, which means "growth in global steel demand is expected to be slower in the coming decade than during the previous 10 ...
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