Global steel demand will increase by 6.5%-7% in 2011

Mittal, CEO of ArcelorMittal, the world's largest steel producer, said in a speech on the 21st that global steel demand is expected to increase by 6.5%-7% in 2011, boosted by strong demand from emerging economies such as China. 1.5 billion tons. He said that although China's steel consumption growth has slowed, this year's steel demand is expected to grow by more than 7%. At the same time, steel demand from developed economies such as the United States and the European Union will continue to pick up slowly.  

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