The demand for steel in 2019 is good. The Turkish Steel Exporters Association (CIB) expects good prospects for 2019. From January to November this year, Turkish steel exports increased by 19.8% year-on-year to 19.3 million tons, exceeding the full-year target set by CIB. Exports in the first eleven months increased by 37% to $14.1 billion. Exports in November increased by 61% year-on-year to 2.5 million tons, and exports increased by 56% to $1.7 billion. CIB President Adnan Aslan pointed out that despite the implementation of trade protectionist measures in various countries, Turkey's exports still grow. The Brazilian Iron and Steel Association predicts that thanks to Brazil's economic recovery and good economic prospects, the apparent consumption of Brazilian steel will increase in 2018 and continue to increase in 2019. According to the association, Brazil's steel consumption will reach 21.17 million tons in 2018, an increase of 5.3%. It will reach 22.47 million tons in 2019, an increase of 6.2% year-on-year.
Asian steel market: shock consolidation. The steel home benchmark price index of 113.7 points in the region fell by 0.9% on a week-on-week basis (from up to down), down 5.3% month-on-month (expanded), down 14.8% (expanded), up 11.6% year-on-year.