China’s 2025 steel demand to fall 1.5% on year, state research institute says
China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.
The Brazilian group, which produced 311m tonnes last year has previously said it is planning to raise its annual output to 522m tonnes by 2015 on the back of an expectation that demand growth will continue.