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Worldwide steel demand predicted to fall by nearly 15 per cent

Worldwide steel demand is likely to fall by 14.9 per cent in 2009 but will begin to stabilise towards the end of the year, predicted the World Steel Association when it met on 26 April.Reviewed by the wordsteel Board -  which is made up of chief executives or chairmen of WSA member companies -  the prediction was reported by the Financial Times as the worst drop in the industry since the end of the Second World War. ...