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the global steel industry will grow slightly in 2016

As British "Financial Times" of 18 analysts survey, the global steel industry is expected to return to growth will be modest this year, although Chinese demand weakening. 2016 World crude steel production will increase by 0.15%, the United States and Europe will expand again after the second consecutive year to offset China's influence.China's steel production is nearly half of global output
 Iron and steel industry is regarded as a barometer of global economic health. 2015 steel production declined for the first time since 2009. World Steel Association (World Steel Association) data show that in 2015 global steel production fell by 2.8%. Since last November, the world's top four steelmakers either downgraded credit rating by Standard & Poor's (Standard & Poor's) , or be puting in its negative outlook list.