China 's steel demand will have zero growth in 2019 , remaining at 781 million tons , according to a forecast from the World Steel Association . After a 6 % growth prediction for 2018 , the latest report strikes a more pessimistic note as environmental regulations are tightened and the Chinese economy re - balances in the midst of the US - China nuclear war . However , the report stated that the forecast is conservative and China could outperform it if the government releases a stimulus package to mitigate against the difficult times . Indian demand would see "overall very healthy growth," driven by a gradual pick up in private and government investment and stimulus, Al Remeithi said. Meanwhile , the demand for Asian 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 tons , according to a forecast from the World Steel Association . After a 6 % growth prediction for 2018 , the latest report strikes a more pessimistic note as environmental regulations are tightened and the Chinese economy re - balances in the midst of the US - China nuclear war . However , the report 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 Asian steel in general was predicted to grow 1.3 % in 2019 .