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forecast - Latest news GMK Center

Photo – GMK Center’s 2026 Forecast: Iron Ore
GMK Center’s 2026 Forecast: Iron Ore

Prices could fall by 7%, and Ukraine's exports – by 5%, excluding military risks

Photo – Fitch Ratings expects global steel market to recover in 2026
Fitch Ratings expects global steel market to recover in 2026

The agency forecasts a 4.5% decline in steel production in China next year

Photo – Steel Dynamics forecasts lower earnings for Q4
Steel Dynamics forecasts lower earnings for Q4

The company points to the price factor and longer-than-planned downtime for maintenance

Photo – Demand for steel in Europe will recover somewhat in 2026 – Marcegaglia CEO
Demand for steel in Europe will recover somewhat in 2026 – Marcegaglia CEO

The company's CEO notes that prices are already showing signs of such a recovery

Photo – Germany’s economy showed a strong start to the fourth quarter
Germany’s economy showed a strong start to the fourth quarter

At the same time, business indicators show an ambiguous picture at the end of the year

Photo – Vale lowers its forecast for iron ore production in 2026
Vale lowers its forecast for iron ore production in 2026

The company expects to produce 335-345 million tons next year

Photo – Apparent steel consumption in the EU will grow by 3% in 2026 – EUROFER
Apparent steel consumption in the EU will grow by 3% in 2026 – EUROFER

At the same time, in 2025, the indicator will decline for the fourth consecutive year

Photo – BMI expects iron ore prices to fall to $95/t in 2026
BMI expects iron ore prices to fall to $95/t in 2026

Prices for this raw material in China are currently supported by low short-term stocks

Photo – Germany’s economy to show moderate growth in Q4 – Bundesbank
Germany’s economy to show moderate growth in Q4 – Bundesbank

The country's central bank expects industry to stabilize in October-December

Photo – The European Commission has improved its forecast for EU GDP growth in 2025 to 1.4%
The European Commission has improved its forecast for EU GDP growth in 2025 to 1.4%

European economic growth exceeded expectations in the first nine months of the year

Photo – Goldman Sachs raises iron ore price forecast for 2026 to $93/t
Goldman Sachs raises iron ore price forecast for 2026 to $93/t

The market for these raw materials has remained tense in recent months

Photo – Gas prices in Europe fluctuated within a limited range in October
Gas prices in Europe fluctuated within a limited range in October

Analysts predict that wholesale prices will depend on weather conditions in winter

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