Steel Demand Forecast 2025 Usa. The world steel association (worldsteel) has released its updated short range outlook (sro) for 2024 and 2025, projecting that global steel demand will decline by 0.9% in. Steel industry executives shared high hopes of a huge revival in steel demand in 2025 during the recently held smu steel summit in atlanta.
This was discussed at the smu steel summit in atlanta, bloomberg reports. We expect implied apparent steel consumption to decrease by 18 million tonnes (mt) in 2024, according to cru, due to weaker demand in china, japan, south korea and the.
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