World Steel Demand 2014
World Steel Consumption Assessments
Demand by Region
|Region||Steel Demand, mt|
|Central & South America
|Middle East & Africa
|Asia & Oceania
Figures above are finished steel product demand estimates for 2014 in millions of metric tonnes. Source: World Steel Association / MCI
Demand by Product Shape
|Steel shape||Steel Demand, mt|
Figure are indicative
finished steel consumption estimates for 2014. Tube data includes welded and seamless tube. For chart, see below. Source: MCI
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 2014.
Steel Consumption by End-Use Application
|Construction incl structural & building work
|Other transport incl shipbuilding & rail
|Domestic appliances incl electrical engineering
|Metal goods & fabrication
|Oil & gas exploration & transport
|Other indusries / miscellaneous
Further analytical information including more detail by product type is available for purchase. Please contact MCI
. Note that all product demand estimates are provisional, and subject to confirmation after publication by worldsteel of the 'Steel Statistical Yearbook 2014'.
Steel Demand by Consuming End-Use Industry
World steel demand by end-use market
Demand estimates by sector are indicative
of global 2014 finished steel demand. Construction includes structural and building work. Mechanical engineering includes machinery & equipment and components. Other transport includes shipbuilding, rail, heavy vehicles. Metal goods include furniture, fasteners, wire products, containers, boxes. Tubes include welded and seamless.
Figures are MCI estimates
of steel end-use by application for year 2014 world steel consumption.
Demand by Quality
|Steel quality||Steel Demand, mt|
Figures are MCI
estimates of finished steel consumption by grade for 2014. 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.
Historic Steel Demand & Demand Forecast
Figures to 2014 are consistent with various World Steel Association [worldsteel] assessments. 2014 figure is MCI
calculation based on estimated world crude steel production of 1662mt and 92.5% yield assumption. [Site visitors should note that at the time of writing (Jan 2015), this 1662 mt crude steel production total was considered by the World Steel Association to be a provisional estimate, subject to alteration on finalisation of China's 2014 production data.] 2015 and 2016 estimates in table above are forecasts prepared by MCI
. All figures are millions of metric tonnes of finished steel.
This page was last updated on 28th January 2015.