China's outlook says that it will reach the peak of consumption after 2010.
‘We have not satisfied our demand yet in spite of facilities expansion,‘ said Luo BingSheng, Vice President of China Iron & Steel Association at Korea's 'The 5th Steel Day Seminar' of 3rd June, ‘though the situation does not allow us to make any forecast, the consumption peak will not happen before 2010 and Chinese crude steel production capacity will reach 270 million tons in 2005 and 330 million tons in 2010.‘