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Europe Daily Bulletin No. 10001

20 October 2009
Contents Publication in full By article 40 / 42
GENERAL NEWS / (eu) steel

China to generate rising world steel sales next year. World steel consumption is set to return to its pre-crisis levels next year, according to the World Steel Association, which forecasts a 9.2% rise in demand to 1.2 billion tonnes in 2010, back to the 2008 level. Demand is expected to reach 1.1 billion tonnes in 2009. China, the world's leading steel manufacturer and consumer, will lead the way. Chinese demand is expected to rise by 19% this year, and by a further 5% in 2010. In the rest...

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