World Steel Association (WSA) published a forecast for the development of the world steel industry in 2012-2013

The World Steel Management Association (WSA) is quite optimistic. The forecast for the development of metallurgy in the world, at least in the coming years, is good. According to the forecast, this year the global visible consumption of steel will increase by only 3.6% after 5.6% in 2011 and reach 1.422 billion tons, but already in 2013 the growth rate will amount to 4.5%, and the demand level - 1.486 billion tons.

As the WSA analysts assure, the world leader in steel consumption is China, although it will slow down a little to slow down the economic growth rate, but it will be an increase of 4%. However, according to WSA, several countries will be able to accept the baton from China. First of all, it is India, where, thanks to urbanization and the need to expand transport infrastructure, steel consumption will increase by 6.9% in 2012 and by 9.4% in 2013. In addition, the rates of expansion of their own production of steel are high in India.

In the coming years, the high growth rate of steel products will be preserved in Turkey. For this country, a serious problem is dependence on the import of raw materials (scrap and scrap and ZhRS), but the largest local metallurgical company Erdemir plans to slightly improve the supply due to the development of a large iron ore deposit (about 1 billion tons) in the province of Malaya in the central part of the country. Erdemir has not yet reported the planned volumes of production of raw materials, which will be used at its Sivas factory on the Black Sea coast. It is only known that the ore from the new deposit will begin to enter the enterprise in 2016 or in 2017, and the volume of investments is estimated at 600-700 million dollars.

According to WSA experts, in Europe in 2013, the demand for steel products will add 3.3% after the recession this year by 1.2%, and the United States will generally become one of the world leaders in terms of metal consumption growth. In 2013, this country, according to WSA forecast, will need 99.5 million tons of steel, or 92% of the volume of 2007.

An exception from the rainbow forecasts of the World Association was Japan, in which, in their opinion, a decrease in consumption of steel will be observed in 2012 and in 2013.


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