The World Steel Association has released an update on the Short Range Outlook (SRO) for steel demand in 2024 and 2025. They predict a 0.9% drop in global steel demand this year, totaling 1,751 million tonnes (Mt). After three years of declines, a recovery in global steel demand (excluding China) is expected in 2025, with … Continue reading Steel Demand Outlook for 2024-2025: Global Demand to Fall by 0.9%, India Projected for 8% Growth While China Faces 3% Decline