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Steel Demand Forecast in 2018 & Competitiveness Evaluation of China’s Steel Enterprises.      [2017-12-05]

On December 4, 2017, MPI (China Metallurgical Industry Planning and Research Institute) held a conference in Beijing over the steel demand forecast in 2018 and competitiveness evaluation of China’s steel enterprises. Journalists from nearly 40 domestic and foreign media participated in the conference.  CLIK is MPI's strategic partner.


Consult the table below for the forecast.


1. The year-on-year growth rate is based on data from the National Bureau of Statistics (Crude steel output in 2016 is 808mnt.)

2. The pig iron output is calculated according to the iron-steel ratio of 0.853 in 2017 and 0.846 in 2018 based on the statistics method over the years.

3. The actual steel consumption and demand are deductions from repeated statistics without consideration of the changes in steel inventory.