CONF: WSA official expects Asia to drive global steel growth, highlights decarbonization

Asia will remain the primary engine of global steel demand and production growth over the coming decades, according to Zhong Shaoliang, Deputy Director General of the World Steel Association (WSA) and chief representative of its Beijing office.

Speaking at a subforum during Mysteel's annual conference held in Shanghai last weekend, Zhong (pictured above) noted that since the turn of the century, Asia has accounted for more than 70% of global steel production and consumption. While China has remained the main contributor, India and Southeast Asia are