Cumulative steel production during the first three months of 2017 in thousands of tonnes, compared to the results for the same period in 2016, in percent:
EC-28 42510 +3.8
Other European countries 9470 +14.6
CIS (6) 25945 +4.0
North America 29297 +7.1
South America 10338 +8.6
Africa 3409 +14.5
Middle East 7501 +10.9
Asia 280615 +5.4
Oceania 1414 +8.4
The automotive sector was recognized as the top consumption sector in 2016, however, demand will soon approach its peak. Construction and infrastructure demand remains strong in developing countries. On the other hand, he was depressed in developed countries. In 2017 and 2018, demand for the construction sector is likely to improve, mainly driven by the EU and US region. Steel demand from the engineering sector is also projected to increase. Meanwhile, demand from the shipbuilding industry is expected to continue to grow weak.
Growth in steel production is observed in all regions in January-March
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