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09 Apr
21:53

Worldsteel predicts modest steel demand rebound in 2024-25

Demand for steel worldwide will rebound by 1.7% in 2024 and will grow a further 1.2% next year, worldsteel predicts in a new short-range outlook examined by Kallanish. Noting that those consumption growth rates are still relatively weak, worldsteel observes that the global economy seems headed for a soft landing and steel will be in heavy demand from public infrastructure and decarbonisation programs. “After two years of negative growth and severe market …
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