Global Steel Demand Seen Falling Again In 2016, Hit By China

London: Global steel demand will fall again this year as leading market China continues to slow, before eventually stabilising in 2017, the World Steel Association forecast on Wednesday. Falling demand has plunged the global steel market into crisis, with excess capacity taking a heavy toll on producers - including China - leading to plant closures and job losses. Global apparent steel use - deliveries minus net exports of steel in...