Developed world demand for steel will only return to pre-crisis levels in 2015, the head of the world's largest steelmaker said on Tuesday after an investor meeting to approve the spin-off of its stainless business. Lakshmi Mittal, chief executive officer and chairman of ArcelorMittal (ISPA.AS), told Reuters he believed global steel output would slow to 6 to 6.5 percent this year, from some 15 percent in 2010. Chinese growth would temper to 6.5 to 7 percent from some 9 percent last year. Developed world steel demand shot up by some 20 percent last year, but Mittal noted that this was from very depressed levels in 2009.
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