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Although the negative impact of the current sovereign debt crisis in the euro area has been limited, uncertainties continue to exist, and uncertainties remain the key factor for the International Steel Association's downward adjustment of steel demand outlook. High oil prices and the political tension in major oil-producing regions are also important factors for the downsizing of the International Steel Association. In addition, the possibility of a hard landing in the Chinese economy cannot be ignored. However, the International Steel Association does not consider this possibility to be high. What needs to be pointed out is that the most important trend in the latest forecast revised by the International Steel Association is that the Chinese governmentâ€™s efforts to adjust the economic structure has caused the continued slowdown in the growth of Chinese steel demand. Despite this, the slowdown in China's steel demand growth is expected to be partially offset by improved demand in other emerging markets and strong recovery in U.S. steel demand.
Aluminium Extrusion Pipe,Aluminum Tube,Aluminum Pipe
Xingqiu Aluminum Co., Ltd. , http://www.fsdoorsprofile.com