Top 10 Steel Consuming Countries in CY'22 (as per WSA's Forecast)
15, Dec 2021
According to the World Steel Association's short-range outlook for CY'22, China's steel demand is expected to be around 985.1 million tonnes (mn t) whereas India's steel demand is expected to reach 111.4 mn t. The US, the third-largest steel consumer, will likely consume 97.5 mn t next year. Steel consumption of Japan and South Korea is expected to be around 59.2 mn t and 54.2 mn t respectively in CY'22.
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