10
Apr
08:29
Worldsteel: China's steel demand to fall in 2025
The World Steel Association (WSA) estimates China's steel demand to be flattish in 2024 and to slip 1% in 2025 in its April Short Range Outlook, mainly weighed down by lower real estate investment. This is a relatively conservative estimate compared with Chinese institutions, Kallanish understands.
For 2024, WSA expects growth in infrastructure and manufacturing to compensate for the demand loss from property. But they admit they underestimated China's ste…
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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