China’s demand for steel products is expected to grow at similar pace as it did in 2012, according to CISA, which added that the country’s economic situation will improve over last year. Fueled by quickening economic growth, demand for steel products will increase accordingly.

CISA predicts that steel products demand will rise mildly in 2013 along with increasing investments in railway and urban infrastructure, transportation, and stable investment in the real estate industry.

Source: China Metals e-mail