China’s steel consumption in 2022 is forecasted to fall by 4% year-on-year (y-o-y) to 914 million tonnes (mnt) from 952 mnt in 2021. India’s steel consumption in 2022 is forecasted to rise by 6.1% y-o-y to 112.7 mnt from 106.2 mnt in 2021. United States steel consumption in 2022 is forecasted to rise by 2.1% y-o-y to 99.2 mnt from 97.1 mnt in 2021
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