IISI forecasts steel demand growth of 6.8% for 2008
The IISI published its short range outlook October 8. Here’s the link. It’s not available in any better form than a PDF, but that’s attached, IISI Short Range Outlook 10/8. The summary table is shown below:
- Table 1: Short range outlook for apparent steel use (2006-2008) in ‘000 of tonnes
Regions 2006
2007
2008
% 05/06
% 06/07
% 07/08
EU-27 184.9
192.2
195.0
11.4
4.0
1.4
Other Europe 27.2
29.3
31.0
11.0
7.8
5.7
C.I.S. 50.0
59.8
65.2
18.1
19.5
8.9
N.A.F.T.A. 155.7
148.1
153.9
11.5
-4.9
4.0
Central and
South America35.6
39.5
41.6
11.8
10.9
5.2
Africa 23.1
25.1
27.5
11.4
8.9
9.5
Middle East 37.3
40.4
43.4
9.8
8.4
7.5
Asia (inc. Oceania) 607.2
663.2
721.1
6.2
9.2
8.7
Regions 2006
2007
2008
% 05/06
% 06/07
% 07/08
World 1,120.9
1,197.7
1,278.6
8.8
6.8
6.8
BRIC 457.8
516.6
573.9
9.8
12.8
11.1
Rest of the World 763.5
799.6
834.8
8.7
4.7
4.4
