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Apparent consumption of steel per capita increased by 3.6% in 2017

Apparent consumption of steel per capita increased by 3.6% in 2017
Issue Time:2018-08-01

    Recently, the World Steel Association released "SteelStatistics 2018", which announced the average per capita consumption ofsteel in 2017 for 46 statistical units including the world, countries, regions,and continents. In 2017, the world's per capita consumption of steel was 214.5kilograms, an increase of 7.4 kilograms compared with 2016, with a growth rateof 3.6%, ending a three-year decline.

    In 2017, the per capita consumption of steel in Europe, Asiaand North America Free Trade Zone was relatively high, which was the leadingarea for steel industry and steel consumption; the average consumption of steelper capita in CIS and Oceania was lower than the world average, but still It isin the middle range; the average consumption of iron and steel per capita inCentral and South America and Africa is less than 100 kilograms. In particular,the apparent consumption of steel per capita in Africa has been around 30kilograms since 2011, reflecting that the development of the African steelindustry is still very long.

    From the changes in 2017 compared to 2016, in addition toAfrica and Oceania, the per capita consumption of steel in other continents orregions has increased, indicating that the world steel industry and steelconsumption have experienced a period of low tide, Showing a welcome sign ofrebound.

    In 2017, the average consumption of steel in Canada, China,and the Czech Republic increased by more than 30 kg. Although the apparentconsumption of steel per capita in South Korea and Taiwan in China hasdecreased, the decline is not large due to the high base, which is a normalfluctuation. Although Venezuela's per capita consumption of steel has onlydecreased by 6.7 kg, it has fallen by 28.8%, which is the country with thelargest decline in per capita consumption of steel in 2017.

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