The world demand for steel in 2018 will grow by 2.1% YoY, to 1.643 billion tons, according to Severstal.
China will account for 766 million tons, and the rest of the world for 877 million tons.
In 2019 the demand growth will slow down to 1.5%, to 1.667 million tons.
Demand growth in Russia in 2019 will be 1.1%. (Ukrainian metal)