World Steel Consumption 2012
World Steel Demand Assessments
Demand by Region
| Region | Steel Demand, mt |
| EU (27) |
140 |
| Other Europe |
35 |
| CIS |
56 |
| NAFTA |
131 |
| Central & South America |
47 |
| Middle East & Africa |
76 |
| Asia & Oceania |
928 |
| World |
1413 |
Figures above are finished steel product demand estimates for 2012 in millions of metric tonnes. Source: World Steel Association.
Demand by Product Shape
| Steel shape | Steel Demand, mt |
| Flat products |
644 |
| Long products |
660 |
| Tube products |
109 |
| World |
1413 |
Figure are
indicative finished steel consumption estimates for 2012. Tube data includes welded and seamless tube. For chart, see below. Source:
MCI assessments.
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 2012.
Steel Consumption by End-Use Application
| Millions tonnes |
Flat |
Long |
Tube |
Total |
| Construction incl structural & building work |
126 |
390 |
22 |
538 |
| Mechanical engineering |
121 |
148 |
16 |
285 |
| Automotive |
64 |
16 |
0 |
80 |
| Other transport incl shipbuilding & rail |
48 |
11 |
0 |
59 |
| Domestic appliances incl electrical engineering |
44 |
0 |
0 |
44 |
| Metal goods & fabrication |
204 |
66 |
5 |
275 |
| Oil & gas exploration & transport |
1 |
0 |
65 |
66 |
| Other indusries / miscellaneous |
36 |
28 |
0 |
64 |
| Total |
644 |
660 |
109 |
1413 |
Further analytical information including more detail by product type is available for purchase. Please contact
MCI.
Steel Demand by Consuming End-Use Industry
World steel demand by end-use market
Demand estimates by sector are
indicative of global 2012 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 2012 world steel consumption.
Demand by Quality
| Steel quality | Steel Demand, mt |
| Carbon steel |
1339 |
| Engineering steel |
45 |
| Stainless steel |
28 |
| Tool steel |
~1 |
| World |
1413 |
Figures are
MCI estimates of finished steel consumption by grade for 2012. 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.
Demand Forecast
| Year | Forecast, mt |
| 2009 | 1140 |
| 2010 | 1301 |
| 2011 | 1373 |
| 2012 |
1413 |
| 2013 |
1454 |
| 2014 |
1500 |
| 2015 |
1552 |
Figures to 2012 are consistent with World Steel Association [worldsteel] assessments dated April 2013. 2013 and 2014 figures are also worldsteel estimates. 2015 figure is
MCI estimate. All figures are millions of metric tonnes of finished steel.
This page was last updated on 11th April 2013.