Percetage things may have slowed, but the base is far bigger, even at 9% growth it equates to an additional 60MT pa.
Thus far 6 mths to June 2012 vs June 2011, volume is flat at +1%. Any stimulis in the second half will certainly provide another 7% to 9% growth imo.
http://www.worldsteel.org/statistics/crude-steel-production.html
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