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The location where of heavy/bulky goods always follows demand. North America could switch to only ever using domestic steel. That wouldn't make a dent to the
by sandworm101 4y ago
The location where of heavy/bulky goods always follows demand. North America could switch to only ever using domestic steel. That wouldn't make a dent to the demand that backs China's production.
2023 estimated demand in North America: 140 million metric tons.
2023 estimated demand in Asia (China): 1,284 million metric tons.
https://www.statista.com/statistics/246397/estimated-demand-for-steel-worldwide-by-region/ https://www.statista.com/statistics/246397/estimated-demand-...