World steel consumption - estimated 2016 steel demand.
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World Steel Demand 2016

World Steel Consumption Assessments

Demand by Region, 2016

RegionSteel Demand, mt
EU 157
Other Europe 41
CIS 49
NAFTA 132
Central & South America 39
Middle East & Africa 91
Asia & Oceania 1006
World 1515
Figures above are finished steel product demand estimates for 2016 in millions of metric tonnes. Source: World Steel Association and MCI calculations.



Demand by Product Shape, 2016

Steel shapeSteel Demand, mt
Flat products 606
Long products 753
Tube products 156
World 1515
Figure are indicative finished steel consumption estimates for 2016. 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 2016.





Use by Application, 2016

Millions tonnes Flat Long Tube Total
Construction incl structural & building work 195 517 34 739
Mechanical engineering 171 63 22 255
Automotive 87 26 1 114
Other transport incl shipbuilding & rail 39 16 1 56
Domestic appliances 40 7 1 48
Metal products 58 106 9 173
Oil & gas exploration & transport 0 0 87 87
Defence 10 2 1 14
Other industries / miscellaneous 6 15 0 21
Total 606 753 156 1515
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, 2016

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

Demand estimates by sector are indicative of global 2016 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 2016 world steel consumption.



Demand by Quality, 2016

Steel qualitySteel Demand, mt
Carbon steel 1423
Engineering steel 51
Stainless steel 39
Tool steel ~2
World 1515
Figures are MCI estimates of finished steel consumption by grade for 2016. 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 2016 amounted to ~41.5mt [Source: ISSF].



Historic Steel Demand & Demand Forecast

YearDemand, mt
20101311
20111415
20121443
20131535
20141545
20151500
20161515
20171523
20181573
20191624
20201677
Consumption figures to 2016 inclusive are consistent with various World Steel Association [worldsteel] assessments. 2017-2020 figures are MCI forecasts. All figures are millions of metric tonnes of finished steel.

This page was last updated on 28th July 2017.