China’s steel consumption in 2023 is forecasted to remain at 914 million tonnes (mnt). India’s steel consumption in 2023 is forecasted to rise by 6.7% y-o-y to 120.3 mnt from 112.7 mnt in 2022. United States steel consumption in 2023 is forecasted to rise by 1.6% y-o-y to 100.8 mnt from 99.2 mnt in 2021
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