Global Apparent Steel Consumption

The apparent consumption per capita of the world declines for three consecutive years: in 2016, the apparent consumption of the world's per capita steel continued to decline, the third consecutive year of decline. According to the latest data from the International Iron and Steel Institute, despite the apparent increase in global steel surface consumption of 14.5 million tons to 1.515 billion tons last year, per capita steel consumption decreased from 208.3 kg in 2015 to 207.9 kg, compared with the peak level of 218.0 kg in 2013 Down 10 kg, down 4.6%. The apparent consumption of Asian steel and apparent consumption per capita have increased, the apparent consumption of steel from 958 million tons in 2015 to 999 million tons, per capita apparent consumption increased from 250.0 kg to 253.6 kg. The main growth countries are India, South Korea, China and so on. China's apparent consumption of per capita steel declined slightly to 492.7 kg last year after a significant decline in 2015, but still below the peak level of 539.5 kg in 2013. Japan is down from 497.3 kg in 2015 to 492.6 kg. Per capita steel consumption in North America, Central and South America, the Middle East, Africa, Oceania and the CIS declined, but the EU rose from 304.8 kg to 311.4 kg in 2015, by 2.2%. US plate market is still under pressure: the US plate market is under pressure, service center is in wait- and- see mood, the market orders reduce. The current plate delivery period has been shortened to 6 weeks from 8 weeks in the previous few months. The latest inventory data also shows that the market pressure increases, the number of days available in April is 2.7 months, 2.3 months in March, plus Raw material prices steady and weak, the market does not have any incentive to increase price. For the afterwards market, plate price will remain weak in short term, but should not appear the situation of price collapse. Currently. The ex-works price of A36 t in the southeastern United States is $ 700-720 / short ton, down $ 20 / short tonne from the previous day.