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In The 09 Year, World Steel Output Decreased By At Least 10%.
Analysts said that the output of global steel companies in 2009 will be reduced by at least 10%. This is probably the largest year-on-year decline in more than 60 years.
最悲观的预测显示，钢铁产量可能至少需要四年才会恢复到2007年的水平。抛开世界大战时期不计，在钢铁业不景气时间持续或超过四年的情况中，此次预计的经济低迷期将成为100年来仅有的第五次。
The steel industry is one of the biggest hit by this year's financial turmoil. Since mid 2008, the share price of many steel groups has fallen by more than 2/3.
Companies such as construction, automobiles and white goods industries suddenly cut orders in September and October this year. Many of the steel producers including LakshmiMittal, ArcelorMittal, Severstal and Severstal of India's Tata Steel (TataSteel) have slashed production.
Editor: vivi
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