forecast - Latest news GMK Center

The global maritime market will remain in deficit in 2024-2025

The forecast for global growth five years from now is the lowest in decades

Global trade decreased by 1.2% in 2023

In 2025, quotations will decrease to $85-96/t

The price for iron ore is expected to reach $105/t this year

The organization worsened the growth forecast of the Eurozone economy for the current and next years

A slight decrease in production is expected in China, and European steel industry will return to positive dynamics

The price for this raw material is expected to reach $118/t in 2023

The country's steelmakers continue to invest in expanding production

Ukraine's GDP growth is expected to be 4.8% in 2023

The company refers to the weakness of the German economy and the instability of the situation

Another problem will be the need for significant investments