World steel consumption - estimated 2014 steel demand.

World Steel Demand 2014

World Steel Consumption Assessments

Demand by Region

RegionSteel Demand, mt
EU (28) 147
Other Europe 37
CIS 56
Central & South America 48
Middle East & Africa 89
Asia & Oceania 1015
World 1537
Figures above are finished steel product demand estimates for 2014 in millions of metric tonnes. Source: World Steel Association / MCI calculations.

Demand by Product Shape

Steel shapeSteel Demand, mt
Flat products 628
Long products 793
Tube products 116
World 1537
Figure are indicative finished steel consumption estimates for 2014. Tube data includes welded and seamless tube. For chart, see below. Source: MCI assessments.
steel consumption 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 2014.

Steel Consumption by End-Use Application

Millions tonnes Flat Long Tube Total
Construction incl structural & building work 198 547 25 770
Mechanical engineering 185 68 16 270
Automotive 85 26 1 112
Other transport incl shipbuilding & rail 42 19 1 62
Domestic appliances 40 7 1 48
Metal products 60 107 6 174
Oil & gas exploration & transport 1 1 63 66
Defence 11 2 1 14
Other industries / miscellaneous 5 15 2 22
Total 628 793 116 1537
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

steel end use markets
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; 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 2014 world steel consumption.

Demand by Quality

Steel qualitySteel Demand, mt
Carbon steel 1451
Engineering steel 49
Stainless steel 35
Tool steel ~2
World 1537
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

YearDemand, mt
Figures to 2016 inclusive are consistent with various World Steel Association [worldsteel] assessments. 2017 and 2018 figures are MCI forecasts. All figures are millions of metric tonnes of finished steel.

This page was last updated on 26th April 2015.