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Kallanish Steel Weekly: Worldsteel revises global demand forecast upward, Q1 steel output stable

Kallanish Steel Weekly: Worldsteel revises global demand forecast upward, Q1 steel output stable (April 25, 2023)

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Worldsteel has revised its 2023 global steel demand forecast to 2.3% growth, compared to its 1% growth projection made in October when market sentiment was notably gloomier. Manufacturing is expected to lead the recovery, but high interest rates will continue to weigh on steel demand.

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