Steel demand in China will increase in 2017

Steel demand in China is forecast to grow in 2017 due to massive infrastructure projects underway in the country.

According to the statistics of the professional organization, the consumption of steel in China will be between 320 million tons and 480 million tons.

For infrastructure, the main consumption material will be reinforcing profile, wire, channel, corner, etc. China will maintain its position as both the world's largest producer and consumer of steel.