Citigroup recently released research report, male residential district planning construction in China will boost steel demand, if 10 Years, a year would be needed 1200 1400 Million tons of steel, 10 Year total needs 1.2 Billion to 1.4 Millions of tons of steel.
Although this is the last global 16.3 Million tons of crude steel production for a fraction, but steel demand remained at a high level, China will continue to provide greater certainty.
The Bank said, assuming that the Chinese Government hopes 10 Copy a year in Shenzhen ( Means building faster than Shenzhen 1 time ) At least in terms of physical infrastructure, which will provide an annual 1200 Million to 1400 Tons of steel demand. Domestic steel demand each year, about 7 million tons on the basis of the mean increase of about 2%.
According to calculations, 10 Copy a year Shenzhen totals approximately 1.2 Billion to 1.4 Millions of tons of steel, which 2500 Million to 3000 Tons for residential infrastructure, 3500 Million to 4000 Million tonnes used for the non-residential premises 3500 Million to 4000 Tons for transport and logistics infrastructure 2500 Million to 3000 Tons for other utilities and infrastructure.