World steel consumption - estimated 2015 steel demand.

World Steel Demand 2015

World Steel Consumption Assessments

Demand by Region

RegionSteel Demand, mt
EU 146
Other Europe 37
CIS 51
Central & South America 45
Middle East & Africa 91
Asia & Oceania 993
World 1500
Figures above are finished steel product demand estimates for 2015 in millions of metric tonnes. Source: World Steel Association and MCI calculations.

Demand by Product Shape

Steel shapeSteel Demand, mt
Flat products 600
Long products 745
Tube products 155
World 1500
Figure are indicative finished steel consumption estimates for 2015. Tube data includes welded and seamless tube. For chart, see below. Source: MCI assessments.
steel use by product shape
World steel consumption by product shape

Demand estimates by shape indicate estimated world steel consumption analysed by flat products [including plate, hot rolled coil and sheet, cold rolled and coated sheet], long products [including rail, heavy sections, bar and wire rod] and tube [welded pipe and seamless tube]. Figures are estimates supplied by Metals Consulting International for year 2015.

Useage by Application

Millions tonnes Flat Long Tube Total
Construction incl structural & building work 193 512 34 739
Mechanical engineering 169 63 21 253
Automotive 86 26 1 113
Other transport incl shipbuilding & rail 39 16 1 56
Domestic appliances 40 7 1 48
Metal products 57 105 9 171
Oil & gas exploration & transport 0 0 86 87
Defence 10 2 1 13
Other industries / miscellaneous 6 15 0 21
Total 600 745 155 1500
Further analytical information including more detail by product type is available for purchase. Please contact MCI. All product demand estimates are calculated by MCI, based on data supplied in World Steel Associuation 'Steel Statistical Yearbook 2016'.

Steel Demand by Consuming End-Use Industry

steel end use markets
World steel demand by end-use market

Demand estimates by sector are indicative of global 2015 finished steel demand. Construction includes structural and building work. Mechanical engineering includes machinery & equipment and components; as well as heating, ventilating and air conditioning (HVAC). Automotive sector includes passenger vehicles and light commercial vehicles. Other transport includes shipbuilding (covering container ships, dry cargo ships, LPG carriers, tankers, passenger ferries) as well as rail, buses and heavy vehicles. Metal products include furniture, fasteners, wire products, containers, drums and boxes. Defence estimates are based on MCI assumptions concerning steel use for submarines, frigates, destroyers, tanks, and other military uses. Tubes include welded and seamless. Figures are MCI estimates of steel end-use by application for year 2015 world steel consumption.

Demand by Quality

Steel qualitySteel Demand, mt
Carbon steel 1414
Engineering steel 49
Stainless steel 35
Tool steel ~2
World 1500
Figures are MCI estimates of finished steel consumption by grade for 2015. Engineering steels are often also referred to as SBQ steels (special bar quality steel); these are steels that typically move or rotate whilst in use. World melt shop production of stainless steel in 2015 amounted to ~41.5mt [Source: ISSF].

Historic Steel Demand & Demand Forecast

YearDemand, mt
Consumption figures to 2017 inclusive are consistent with various World Steel Association [worldsteel] assessments. 2018-2020 figures are MCI forecasts. All figures are millions of metric tonnes of finished steel.

This page was last updated on 18th November 2016.