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China 's demand for steel will remain stable over the next five to ten years, with an annual consumption of crude steel of about 700 million tons, said Friday a representative of China. an industry badociation at a conference.
Demand for infrastructure sectors, such as railways, airports and civil construction, and automakers and home appliances, is expected to increase in 2018, said Wang Yingsheng, Deputy Secretary General of China Iron and Steel Association. ] The world's largest steelmaker has consumed 760 million tons of crude steel by 2017. This year, China is expected to produce 867 million tons of crude steel.
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