forecast News — GMK Center https://gmk.center/en/tag/forecast/ This is an informational-analytical, discussion platform Wed, 10 Jun 2026 07:54:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png forecast News — GMK Center https://gmk.center/en/tag/forecast/ 32 32 <![CDATA[Vale sees no signs of a decline in demand on global metals markets – CEO]]> https://gmk.center/en/news/vale-sees-no-signs-of-a-decline-in-demand-on-global-metals-markets-ceo/ Wed, 10 Jun 2026 07:54:34 +0000 https://gmk.center/?post_type=news&p=124711 Brazilian mining company Vale sees no signs of a decline in demand on global metals markets linked to the conflict in the Middle East. This was stated by Chief Executive Officer Gustavo Pimenta in an interview with Bloomberg Television. Furthermore, Vale has seen its margins increase as the war with Iran has disrupted raw material […]

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]]> <![CDATA[The World Bank forecasts a 24% increase in global energy prices in 2026]]> https://gmk.center/en/news/the-world-bank-forecasts-a-24-increase-in-global-energy-prices-in-2026/ Wed, 29 Apr 2026 10:01:07 +0000 https://gmk.center/?post_type=news&p=123085 Global energy prices are expected to rise by approximately 24% this year, according to the baseline forecast, which anticipates that the most severe supply disruptions will end in May. This is stated in the World Bank’s Commodity Markets Outlook. Overall commodity prices are expected to rise by 16% this year, reaching their highest level since […]

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]]> <![CDATA[Global steel demand is expected to grow by 0.3% in 2026 – Worldsteel]]> https://gmk.center/en/news/global-steel-demand-is-expected-to-grow-by-0-3-in-2026-worldsteel/ Tue, 14 Apr 2026 14:32:01 +0000 https://gmk.center/?post_type=news&p=122563 The World Steel Association (Worldsteel) forecasts that global steel demand will grow by 0.3% this year, reaching 1.72 billion tons. This is stated in the association’s April short-term outlook. In 2027, accelerated growth of 2.2% is expected, reaching 1.76 billion tons. Steel demand in China is expected to decline by 1.5% in 2026 as the […]

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]]> <![CDATA[Fitch Ratings has raised its price outlook for iron ore and coking coal for 2026]]> https://gmk.center/en/news/fitch-ratings-has-raised-its-price-outlook-for-iron-ore-and-coking-coal-for-2026/ Mon, 16 Mar 2026 13:39:09 +0000 https://gmk.center/?post_type=news&p=121423 Fitch Ratings has raised its price forecasts for iron ore and coking coal for the current year. The iron ore price forecast for this year has been raised from $90/t to $95/t. This projection reflects higher production costs, which will support mid-cycle prices at around $75/t. Prices at the start of the year, which are […]

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]]> <![CDATA[The IMF has improved its global economic growth forecast for 2026 to 3.3%]]> https://gmk.center/en/news/the-imf-has-improved-its-global-economic-growth-forecast-for-2026-to-3-3/ Tue, 20 Jan 2026 08:32:08 +0000 https://gmk.center/?post_type=news&p=118906 The International Monetary Fund (IMF) has improved its global economic growth forecast for 2026 to 3.3%, which is 0.2 percentage points higher than expected in October last year. «Global economic growth continues to show considerable resilience despite significant trade disruptions caused by the US and heightened uncertainty,» the fund said in a blog post. Most […]

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]]> <![CDATA[Analysts expect European carbon prices to rise in 2026]]> https://gmk.center/en/news/analysts-expect-european-carbon-prices-to-rise-in-2026/ Thu, 08 Jan 2026 07:49:18 +0000 https://gmk.center/?post_type=news&p=118306 Carbon market analysts generally expect European carbon prices to rise in 2026. In mid-December, Montel experts predicted that next year the average EUA price would be €92.02/t, which is about 24% higher than in 2025. Their assumptions are based on a tighter supply-demand balance in the European emissions trading system. ING expects the average price […]

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]]> <![CDATA[The global economy and economies’ of Ukrainian major partners in 2026]]> https://gmk.center/en/posts/fragile-stability-the-global-economy-and-ukraines-major-partners-in-2026/ Tue, 06 Jan 2026 09:00:32 +0000 https://gmk.center/?post_type=posts&p=118270 In the context of war, the Ukrainian economy is even more dependent on the state of the global economy as a whole and its largest partners in particular. Next year is expected to be a period of moderate growth amid geopolitical instability, rising protectionism, and continued weakness in the European economy. Expectations for the global […]

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]]> <![CDATA[Ukrainian businesses are mostly showing negative expectations for 2026]]> https://gmk.center/en/infographic/ukrainian-businesses-are-mostly-showing-negative-expectations-for-2026/ Mon, 05 Jan 2026 09:00:29 +0000 https://gmk.center/?post_type=infographic&p=118208 Leading indicators point to a decline in business confidence in the fall of 2025 due to a significant electricity shortage for industrial consumers following attacks on energy infrastructure. Against this backdrop, economic indicators have mostly moved into negative territory, although they border on cautious optimism and a moderate assessment of macroeconomic prospects. It is clear […]

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]]> <![CDATA[Analysts expect Ukraine’s GDP to grow to $226 billion in 2026]]> https://gmk.center/en/posts/analysts-expect-ukraines-gdp-to-grow-to-226-billion-in-2026/ Tue, 30 Dec 2025 08:00:03 +0000 https://gmk.center/?post_type=posts&p=117884 The economic situation in Ukraine is rapidly deteriorating. Economic problems that have accumulated since the beginning of the war, systematic shelling of all types of critical infrastructure, and increased tariff pressure from state monopolies have led to Ukrainian GDP growing by only 1.9% y/y in 2025 (NBU forecast) amid 2.9% y/y growth in 2024. For […]

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]]> <![CDATA[Global demand for coal reached a record high in 2025 – IEA]]> https://gmk.center/en/news/global-demand-for-coal-reached-a-record-high-in-2025-iea/ Tue, 30 Dec 2025 07:33:14 +0000 https://gmk.center/?post_type=news&p=117882 Global coal demand will reach a record high of 8.85 billion tons (+0.5% y/y) in 2025. However, it is expected to decline by 2030. This is stated in the December report of the International Energy Agency. This year, global coal consumption was influenced by key factors such as weather, fuel prices, and political decisions. These […]

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]]> <![CDATA[Demand for steel in India will grow by 8% in FY2025/2026 – ICRA]]> https://gmk.center/en/news/demand-for-steel-in-india-will-grow-by-8-in-fy2025-2026-icra/ Mon, 29 Dec 2025 09:03:49 +0000 https://gmk.center/?post_type=news&p=118355 Demand for steel in India in fiscal year 2025/2026 (ending March 31, 2026) will grow by approximately 8% (11-12 million tons) due to stable consumption from the infrastructure and construction sectors. This forecast was given by the rating agency ICRA in its December review. At the same time, the operating margin of the steel sector […]

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]]> <![CDATA[Steel production in 2026 may remain at 7.2 million tons – GMK Center forecast]]> https://gmk.center/en/news/steel-production-in-2026-may-remain-at-7-2-million-tons-gmk-center-forecast/ Mon, 22 Dec 2025 11:47:01 +0000 https://gmk.center/?post_type=news&p=118053 GMK Center predicts that next year, steel production in Ukraine may remain at the 2025 level – around 7.2 million tons (base scenario). At the same time, Ukrainian steel companies have almost reached the limit of possible production growth. This is stated in the article “GMK Center forecasts for 2026: steel,” which will be published […]

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]]> <![CDATA[GMK Center’s 2026 Forecast: Iron Ore]]> https://gmk.center/en/posts/gmk-center-s-2026-forecast-iron-ore/ Mon, 22 Dec 2025 06:00:21 +0000 https://gmk.center/?post_type=posts&p=117785 At the end of last year, GMK Center forecasted a 15% drop in Ukraine’s iron ore exports in 2025. Based on the results of 10 months, we see a decrease of 4.4% year-on-year (y/y), but by the end of the year, the dynamics may deteriorate sharply, taking into account problems with limited electricity supplies and […]

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]]> <![CDATA[Fitch Ratings expects global steel market to recover in 2026]]> https://gmk.center/en/news/fitch-ratings-expects-global-steel-market-to-recover-in-2026/ Sat, 20 Dec 2025 06:14:28 +0000 https://gmk.center/?post_type=news&p=117904 Fitch Ratings expects a moderate recovery in the global steel market in 2026, maintaining a neutral outlook for the sector. According to the latest review by the international rating agency, the decline in steel consumption in China will be offset by a recovery in demand in other regions. The market will be supported by monetary […]

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]]> <![CDATA[Steel Dynamics forecasts lower earnings for Q4]]> https://gmk.center/en/news/steel-dynamics-forecasts-lower-earnings-for-q4/ Fri, 19 Dec 2025 08:08:28 +0000 https://gmk.center/?post_type=news&p=117937 American steel producer Steel Dynamics (SDI) has lowered its profit forecast for the fourth quarter of 2025, according to a company statement. SDI’s steel production profitability for the period is expected to be significantly lower than third-quarter results due to lower average selling prices and lower sales volumes related to both seasonal demand and planned […]

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]]> <![CDATA[Demand for steel in Europe will recover somewhat in 2026 – Marcegaglia CEO]]> https://gmk.center/en/news/demand-for-steel-in-europe-will-recover-somewhat-in-2026-marcegaglia-ceo/ Tue, 16 Dec 2025 14:24:52 +0000 https://gmk.center/?post_type=news&p=117702 European demand for steel will recover somewhat in 2026, with prices already showing signs of such a recovery amid the introduction of new, tougher EU trade measures and the implementation of CBAM. This opinion was expressed in an interview with Platts (part of S&P Global) by Antonio Marcegaglia, CEO of Italy’s Marcegaglia Group. He said […]

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]]> <![CDATA[Germany’s economy showed a strong start to the fourth quarter]]> https://gmk.center/en/news/germany-s-economy-showed-a-strong-start-to-the-fourth-quarter/ Tue, 16 Dec 2025 08:37:19 +0000 https://gmk.center/?post_type=news&p=117662 The German economy had a strong start to the fourth quarter of 2025. This is stated in the monthly report of the country’s Ministry of Economy. As noted, current indicators point to a confident start to the period. The recovery in production growth and a noticeable increase in domestic orders in the industrial sector in […]

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]]> <![CDATA[Vale lowers its forecast for iron ore production in 2026]]> https://gmk.center/en/news/vale-lowers-its-forecast-for-iron-ore-production-in-2026/ Wed, 03 Dec 2025 09:25:25 +0000 https://gmk.center/?post_type=news&p=117014 Brazilian mining company Vale has lowered its forecast for iron ore production in 2026 to 335-345 million tons, according to a company statement. The previous forecast was 340-360 million tons. This year, the company expects production to reach approximately 335 million tons. Agglomeration is expected to reach 31 million tons in 2025, 30-34 million tons […]

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]]> <![CDATA[Apparent steel consumption in the EU will grow by 3% in 2026 – EUROFER]]> https://gmk.center/en/news/apparent-steel-consumption-in-the-eu-will-grow-by-3-in-2026-eurofer/ Tue, 02 Dec 2025 13:34:55 +0000 https://gmk.center/?post_type=news&p=116995 Apparent steel consumption in the EU will begin to recover in 2026, increasing by 3%. This is stated in the latest report by the European Steel Association (EUROFER) – “Economic and steel market outlook 2025-2026, Q4.” This is slightly lower than the association’s previous estimate of 3.1%. However, as the association notes, this will happen […]

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]]> <![CDATA[BMI expects iron ore prices to fall to $95/t in 2026]]> https://gmk.center/en/news/bmi-expects-iron-ore-prices-to-fall-to-95-t-in-2026/ Thu, 27 Nov 2025 13:14:11 +0000 https://gmk.center/?post_type=news&p=116756 Analysts at research agency BMI predict that average iron ore prices will be $95/t in 2026, according to Kallanish. The forecast is driven by additional supply from the Simandou project in Guinea and persistently weak domestic demand in China. In the long term, BMI expects a multi-year downward trend in iron ore prices, which will […]

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]]> <![CDATA[Germany’s economy to show moderate growth in Q4 – Bundesbank]]> https://gmk.center/en/news/germany-s-economy-to-show-moderate-growth-in-q4-bundesbank/ Fri, 21 Nov 2025 09:50:52 +0000 https://gmk.center/?post_type=news&p=116392 The German economy is likely to show moderate growth in the fourth quarter of this year. This is stated in the Bundesbank’s monthly report. It notes that although the German economy will benefit only marginally from continued moderate global growth due to its weak competitive position, exports and industry may stabilize in October-December. The central […]

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]]> <![CDATA[The European Commission has improved its forecast for EU GDP growth in 2025 to 1.4%]]> https://gmk.center/en/news/the-european-commission-has-improved-its-forecast-for-eu-gdp-growth-in-2025-to-1-4/ Tue, 18 Nov 2025 08:29:06 +0000 https://gmk.center/?post_type=news&p=116158 The European Commission (EC) has improved its forecast for EU GDP growth in 2025 to 1.4% from 1.1%, which was expected in May. This is stated in the institution’s autumn economic review. At the same time, the economic growth estimate for 2026 has been lowered to 1.4% from 1.5%, which was forecast in the spring. […]

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]]> <![CDATA[Goldman Sachs raises iron ore price forecast for 2026 to $93/t]]> https://gmk.center/en/news/goldman-sachs-raises-iron-ore-price-forecast-for-2026-to-93-t/ Wed, 29 Oct 2025 12:41:54 +0000 https://gmk.center/?post_type=news&p=115127 Goldman Sachs has raised its iron ore price forecast for 2026 to $93/t (previously $88/t), according to Bloomberg. These expectations are driven by macroeconomic support, inventory reductions, and steady steel production in China. However, the published forecast is still significantly below the level at which iron ore futures are currently trading. According to a note […]

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]]> <![CDATA[Gas prices in Europe fluctuated within a limited range in October]]> https://gmk.center/en/news/gas-prices-in-europe-fluctuated-within-a-limited-range-in-october/ Tue, 28 Oct 2025 10:27:31 +0000 https://gmk.center/?post_type=news&p=115040 European gas prices in October 2025 (October 1-24) ranged from €31-33/MWh. The highest price for TTF futures for the month ahead on the ICE exchange was recorded on October 7 at almost €33.25/MWh. This was driven by forecasts of lower-than-normal temperatures in November and, consequently, concerns about insufficient levels of European gas storage. The market […]

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]]> <![CDATA[European steel distributors lowered expectations for Q4 activity]]> https://gmk.center/en/news/european-steel-distributors-lowered-expectations-for-q4-activity/ Tue, 28 Oct 2025 10:16:48 +0000 https://gmk.center/?post_type=news&p=115034 The European steel distribution sector has slightly lowered its expectations for activity in the fourth quarter. This is evidenced by the October Market Sentiment Survey conducted by the Eurometal industry association. As noted, this view has partially replaced the cautious optimism observed in September. “Although this is not a sharp shift, this trend reflects continued […]

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]]> <![CDATA[India’s JSW Steel increased steel production by 17% y/y in July-September]]> https://gmk.center/en/news/india-s-jsw-steel-increased-steel-production-by-17-y-y-in-july-september/ Mon, 20 Oct 2025 08:35:20 +0000 https://gmk.center/?post_type=news&p=114617 India’s JSW Steel increased its consolidated steel production to a record level of 7.9 million tons (+17% y/y) in the second quarter of fiscal year 2025/2026 (July-September). This is stated in the company’s quarterly report. This result was due to the Dolvi plant returning to optimal capacity after maintenance, as well as increased production at […]

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]]> <![CDATA[German economy to grow in the fourth quarter – forecast]]> https://gmk.center/en/news/german-economy-to-grow-in-the-fourth-quarter-forecast/ Thu, 16 Oct 2025 08:17:52 +0000 https://gmk.center/?post_type=news&p=114497 The German economy will grow slightly in the last quarter of 2025, according to an indicator from the Institute for Macroeconomic Policy (IMK) at the Hans Beckler Foundation, Reuters reports. The IMK indicator aggregates the latest available data on key economic variables. It shows a 34.8% probability of recession, which does not imply acute risks […]

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]]> <![CDATA[The IEA has significantly downgraded its forecast for renewable energy growth in the US through 2030]]> https://gmk.center/en/news/the-iea-has-significantly-downgraded-its-forecast-for-renewable-energy-growth-in-the-us-through-2030/ Sun, 12 Oct 2025 06:02:17 +0000 https://gmk.center/?post_type=news&p=114337 The International Energy Agency (IEA) expects global renewable energy capacity to double by 2030, increasing by 4.6 TW, but has downgraded its forecast for deployment in the US. According to a new IEA report, solar energy will account for almost 80% of global renewable energy capacity growth, followed by wind, hydro, bio, and geothermal energy. […]

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]]> <![CDATA[BMI maintains its coking coal price forecast for 2025 at $182/t]]> https://gmk.center/en/news/bmi-maintains-its-coking-coal-price-forecast-for-2025-at-182-t/ Thu, 09 Oct 2025 13:04:31 +0000 https://gmk.center/?post_type=news&p=114256 Analysts at research company BMI have maintained their 2025 coking coal price forecast at $182/t, Kallanish reports. In a note, BMI said that although coking coal prices rose to almost $200/t in August and September of this year due to restocking, they are expected to decline to $175-185/t by the end of the year. The […]

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]]> <![CDATA[The German government has raised its economic growth forecast for 2025]]> https://gmk.center/en/news/the-german-government-has-raised-its-economic-growth-forecast-for-2025/ Thu, 09 Oct 2025 08:26:09 +0000 https://gmk.center/?post_type=news&p=114227 Germany has raised its economic growth forecast for 2025 to 0.2% due to planned government spending, Reuters reports. While additional spending on infrastructure and defense is expected to boost the economy in the long run, it will face challenges in the short term due to the US trade war. The Economy Ministry expects growth of […]

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]]> <![CDATA[The World Bank has lowered its GDP growth forecast for Ukraine for 2026]]> https://gmk.center/en/news/the-world-bank-has-lowered-its-gdp-growth-forecast-for-ukraine-for-2026/ Wed, 08 Oct 2025 09:48:52 +0000 https://gmk.center/?post_type=news&p=114191 The World Bank predicts that Ukraine’s economic growth will slow to 2% this year from 2.9% last year. This is stated in the institution’s new report, “The Economic Situation in Europe and Central Asia: Jobs and Prosperity.” In 2026, Ukraine’s GDP growth will also be 2% on an annualized basis, and it is expected to […]

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]]> <![CDATA[Exxon forecasts global gas demand to grow by 20% by 2050]]> https://gmk.center/en/news/exxon-forecasts-global-gas-demand-to-grow-by-20-by-2050/ Thu, 04 Sep 2025 02:38:41 +0000 https://gmk.center/?post_type=news&p=112935 Global demand for natural gas will grow by more than 20% by 2050 compared to 2024 levels. These figures were published in the annual forecast released at the end of August by the American company Exxon Mobil. The company’s review notes that gas is replacing coal in the energy industry and meeting the increased demand […]

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]]> <![CDATA[Barclays lowers earnings forecasts for EU steelmakers due to weak demand and costs]]> https://gmk.center/en/news/barclays-lowers-earnings-forecasts-for-eu-steelmakers-due-to-weak-demand-and-costs/ Wed, 20 Aug 2025 05:40:49 +0000 https://gmk.center/?post_type=news&p=112227 Barclays has lowered its earnings forecasts for Europe’s leading steel companies for 2025, citing weak demand, low prices, and rising costs. In a new research note, the bank revised its EBITDA estimates for ArcelorMittal, Aperam, and Outokumpu down by 2-6%, which is 5-11% below the Bloomberg consensus. Against the backdrop of a difficult reporting season, […]

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]]> <![CDATA[The NBU has downgraded its estimates of migration flows for the coming years]]> https://gmk.center/en/news/the-nbu-has-downgraded-its-estimates-of-migration-flows-for-the-coming-years/ Fri, 01 Aug 2025 11:19:13 +0000 https://gmk.center/?post_type=news&p=112124 In its July inflation report, the National Bank of Ukraine (NBU) downgraded its estimates of migration flows for the coming years. In 2025, the regulator expects a net outflow of about 0.2 million people abroad—these assumptions remain unchanged. The NBU predicts that in 2026, the outflow of migrants will continue at a similar rate to […]

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]]> <![CDATA[The government forecasts Ukraine’s GDP growth to accelerate to 4.5% in 2026]]> https://gmk.center/en/news/the-government-forecasts-ukraine-s-gdp-growth-to-accelerate-to-4-5-in-2026/ Tue, 01 Jul 2025 12:07:46 +0000 https://gmk.center/?post_type=news&p=110831 The budget declaration for 2026-2028, approved by the government on June 27, provides for an acceleration of Ukraine’s GDP growth in 2026 by 4.5% on an annualized basis, in 2027 – by 5%, and in 2028 – by 5.7%. This is stated in the relevant text of the document. As for the current year, the […]

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]]> <![CDATA[German central bank does not expect economic growth in 2025]]> https://gmk.center/en/news/german-central-bank-does-not-expect-economic-growth-in-2025/ Mon, 09 Jun 2025 11:12:50 +0000 https://gmk.center/?post_type=news&p=110000 The German Bundesbank expects the economy to stagnate in 2025 after two years of recession in the country. This is stated in the new six-month forecast of the central bank, released at the end of last week. Thus, the regulator has downgraded its December expectations, according to which Germany’s GDP growth was expected to reach […]

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]]> <![CDATA[Rio Tinto forecasts stable demand for iron ore in China]]> https://gmk.center/en/news/rio-tinto-forecasts-stable-demand-for-iron-ore-in-china/ Mon, 19 May 2025 10:08:52 +0000 https://gmk.center/?post_type=news&p=109207 British-Australian mining concern Rio Tinto expects stable demand for iron ore in China. The company’s CEO Jakob Stauscholm said this at a recent Bank of America conference, Kallanish reports. In his opinion, despite the uncertainty in the global economy, the Chinese economy is in better shape than a year ago. In particular, the country has […]

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]]> <![CDATA[German government expects economic stagnation in 2025]]> https://gmk.center/en/news/german-government-expects-economic-stagnation-in-2025/ Fri, 25 Apr 2025 10:13:21 +0000 https://gmk.center/?post_type=news&p=108305 The German government has lowered its economic growth forecast, expecting stagnation in 2025. It is reported by Reuters. Announcing the relevant data, outgoing Economy Minister Robert Habeck called Donald Trump’s trade policy the main reason for the zero growth forecast. “Given the close integration of the German economy into global supply chains and our high […]

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]]> <![CDATA[IMF downgrades global GDP growth forecast to 2.8% in 2025]]> https://gmk.center/en/news/imf-downgrades-global-gdp-growth-forecast-to-2-8-in-2025/ Wed, 23 Apr 2025 08:26:47 +0000 https://gmk.center/?post_type=news&p=108152 Global GDP growth will slow to 2.8% in 2025 and 3% in 2026. This is the updated World Economic Outlook (WEO) published by the International Monetary Fund (IMF). The rapid escalation of trade tensions and extremely high levels of political uncertainty are expected to have a significant impact on global economic activity, the new review […]

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]]> <![CDATA[The WTO has sharply downgraded its forecast for world trade in 2025]]> https://gmk.center/en/news/the-wto-has-sharply-downgraded-its-forecast-for-world-trade-in-2025/ Thu, 17 Apr 2025 08:33:23 +0000 https://gmk.center/?post_type=news&p=108042 The World Trade Organization (WTO) has sharply downgraded its forecast for global merchandise trade in 2025. It is now expected to decline by 0.2% instead of the 3% growth that was forecasted in October last year. According to the WTO report, the forecast is based on the situation with foreign trade duties as of April […]

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]]> <![CDATA[Coking coal price to reach $220/t in 2025 – BMI]]> https://gmk.center/en/news/coking-coal-price-to-reach-220-t-in-2025-bmi/ Wed, 29 Jan 2025 14:23:15 +0000 https://gmk.center/?post_type=news&p=104760 Analyst firm BMI, a Fitch Solutions company, expects coking coal prices to enjoy a limited respite in 2025, averaging $220/t, Kallanish reports. The forecast is made against the backdrop of a gloomy global steel production outlook. According to BMI, the slowdown in steel production growth in importing countries, with the exception of India, will continue […]

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]]> <![CDATA[Global economic growth to remain at 2.8% in 2025 – UN]]> https://gmk.center/en/news/global-economic-growth-to-remain-at-2-8-in-2025-un/ Tue, 14 Jan 2025 03:49:14 +0000 https://gmk.center/?post_type=news&p=104142 In 2025, global economic growth will remain at 2.8%, unchanged from 2024. This is stated in the relevant UN report – World Economic Situation and Prospects 2025. “Despite the fact that the global economy has demonstrated resilience, withstanding a series of mutually reinforcing shocks, growth remains below the pre-pandemic average of 3.2%, and is constrained […]

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]]> <![CDATA[Steel demand in India to grow by 8-9% in 2025 – Crisil]]> https://gmk.center/en/news/steel-demand-in-india-to-grow-by-8-9-in-2025-crisil/ Fri, 10 Jan 2025 10:25:05 +0000 https://gmk.center/?post_type=news&p=104066 Steel demand in India will grow by 8-9% in 2025 compared to the previous year, outpacing other countries. This forecast is made by the Indian rating agency Crisil, Deccan Herald reports. The growth in demand will be driven by the transition to metal-intensive construction in the residential and infrastructure sectors, as well as improved demand […]

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]]> <![CDATA[Australia predicts stabilization of coking coal prices]]> https://gmk.center/en/news/australia-predicts-stabilization-of-coking-coal-prices/ Mon, 23 Dec 2024 11:13:52 +0000 https://gmk.center/?post_type=news&p=103726 In its December review, the Australian Department of Industry, Science and Resources forecasts that coking coal prices will average $211/t in the 2024/2025 financial year (ending in June 2025) and $205/t in 2025/2026. In its quarterly report on resources and energy, the department notes that the price forecast for coking coal is subject to high […]

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]]> <![CDATA[Iron ore prices to remain under pressure in 2025 – ING]]> https://gmk.center/en/news/iron-ore-prices-to-remain-under-pressure-in-2025-ing/ Sun, 15 Dec 2024 08:57:16 +0000 https://gmk.center/?post_type=news&p=103447 ING International Bank forecasts that iron ore prices will remain under pressure in 2025. These expectations are formed against the backdrop of low steel demand forecasts, strong supplies and elevated port stocks of raw materials. ING predicts that iron ore prices will average $90/t in the fourth quarter of this year, $100/t in the first […]

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