World iron ore demand rebounded sharply: in the first half of 2010, the world economy continues to rebound 3-4 quarter of 2009, major developed and developing countries, sand mining processGDP continued to perform the V-shaped trend. China's strong economic recovery in the degree of super-people expect 2010 first and second quarter GDP growth of 11.9% and 10.3% respectively. Major countries in the process of economic recovery, the general raised a substantial amount of infrastructure projects,Indonesia iron sand mining plant driven steel consumption and production, therefore the pace of recovery in the global steel industry in 2010, leading the economic recovery than expected growth in demand for iron ore.
In January-November 2010, the global pig iron output was 942.29 million tons, equivalent to 1.5 billion tons of iron ore demand, an increase of 15.8 percent over the same period in 2009, the growth rate to the highest year for the last 10 years, Germany under the guidance of the EU iron ore stone needs an increase of up to 35.5%, Japan's demand for an increase of 25.4%, North America's demand for an increase of 40.8 percent growth in January-November, compared with only 8.5%, indicating that the sharp rebound in the center of gravity of the global iron ore demand in 2010 to promote, to from Europe, Japan, the United States and other developed economies, China's demand for iron ore of the world rose by 60.5% in 2009 down to 57% in 2010. Second quarter of Europe and the United States and other countries steel production in 2010 have reached close to the 2008 pre-crisis level, but the 3-4 quarter, the global economy slowed down again, slow decline in global demand for iron ore in the second half of 2010, global demand for iron ore decreased by about 4 percent in the first half, but do not change the overall pattern of rapid growth in 2010.
2009, world crude steel production was 119 916 tons, fell by 8.0% compared with 1.30582 billion tons in 2008, world crude steel production in the consecutive years of growth after two consecutive years of decline. Countries and regions of the world's major crude steel production, followed by China, Japan, Russia, the United States, India, Korea, Germany, Ukraine, Brazil, Turkey, Italy, Taiwan, China, Spain, Mexico and France and other 15 countries or regions, the total crude 1.0697 billion tons, steel production, accounting for 89.2 percent of world crude steel production.
Including the world's major steel-producing countries of the European Union, North America, South America and CIS countries, including steel production in 2009 almost all the decline, but significant growth in steel production, but in Asia, China, India and Middle East countries. Asian crude steel production reached 795.4 million tons in 2009, an increase of 3.5% in 2008, the share of steel production in Asia in world steel production increased from 58% in 2008 to 65 percent in 2009.
China's iron and steel industry in recent years the rapid development of crude steel production increased from 101.24 million tons in 1996 to 567.84 million tons in 2009, China's steel industry has entered a stage of rapid development, China's share of world steel production rose from 13.5 in 1996 rapid growth to 47.4 percent in 2008.
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