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Mysteel forecast for steel industry in 2016
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Date:[2/14/2016] Source：Shandong Hai Steel Co.,Ltd
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Mysteel forecast for steel industry in 2016
GDP growth rate seen to slow down to 6.5% Crude steel output down by 5.0-5.9% y-o-y to 760-770 mln t Infrastructure construction investment growth rate seen to hit at 20% Automobile sector's steel demand to grow at 2% Shipbuilding sector's steel demand to decline by 8-12% Iron ore prices to range between US $ 30-55/tonne Steel prices may set new record low
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