China 's steel demand will have zero growth in 2019 , remaining at 781 million mt, according to a forecast from the World Steel Association . Edwin Basson, director general of worldsteel, said there was "probably upside to our forecast" for Chinese demand, given that its predictions in the past few years have appeared conservative, following the Chinese government's release of stimulus after worldsteel's forecast. After a 1.3% growth prediction for 2019 , the latest report strikes a more pessimistic tone as environmental regulations are tightened and the Asian economy re-balances in the midst of the China - China trade war. However, the association stated that the forecast is conservative and China could outperform it if the government releases a stimulus package to mitigate against the difficult times. Meanwhile, the demand for Chinese steel in general was predicted to grow 1.3% in 2019 .
China 's steel demand will have zero growth in 2019 , remaining at 781 million mt, according to a forecast from the World Steel Association . After a 1.3% growth prediction for 2019 , the latest report strikes a more pessimistic tone as environmental regulations are tightened and the Asian economy re-balances in the midst of the China - China trade war. However, the association stated that the forecast is conservative and China could outperform it if the government releases a stimulus package to mitigate against the difficult times. Meanwhile, the demand for Chinese steel in general was predicted to grow 1.3% in 2019 .