19
Apr
08:45
East, Southeast Asia to drive steel demand recovery
East and Southeast Asia will provide the bulk of global steel demand growth in 2023, offsetting weakness in Europe and the USA, Kallanish notes.
Global steel demand should recover by 2.3% on-year in 2023 after falling 3.2% last year, according to worldsteel’s latest short-range outlook (see Kallanish passim).
Chinese steel demand is expected to rebound 2% to 939.3 million tonnes in 2023 before remaining flat in 2024. This follows a 3.2% drop in demand in 20…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous