forecasts

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The European Commission has improved the forecast of economic growth in the EU for 2023

The economy of the European Union is expected to grow by 0.8% in 2023

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The global market for rolled products remains unpredictable — IREPAS

At the beginning of 2023, demand in this segment slowed down

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Anglo American cut iron ore production by 7% y/y in 2022

The company's forecast for 2023 is 57-61 million tons

Fitch expects Ukraine’s GDP to grow by 2% in 2023

The inflation rate in the country, according to the agency's forecasts, will decrease to 21% in 2023

Dry bulk rates are increasing thanks to grain transportation

Shipowners are diverting ships that transported iron ore to grain transportation

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The IMF predicts a decline in global economic growth in 2023

Business and consumer sentiment point to weaker activity in Q4 2022

ANNOUNCEMENT: Fastmarkets Middle East Iron & Steel Conference 2022

Overview of steel production in the Middle East, analysis of raw material markets, sustainable development and factors of steel consumption in the region

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The IMF has worsened the global economic growth forecast for 2023

The estimate of global international growth for 2022 remained unchanged – 3.2%

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Moody’s changed the global forecast for the mining and metals sector

The aggregate EBITDA of the largest companies is expected to decline over the next 12 months

The volume of the global steel processing market will reach about $600 billion by 2030 – forecast

According to analysts, the aggregate average annual growth rate will be 2%

The IMF downgraded its global economic growth forecast to 3.2% in 2022

The fund has worsened the vast majority of its estimates compared to its April forecast

The Ministry of Economy expects a drop in Ukraine’s GDP in Q1 and a 7% rise in GDP in Q2

The Ministry estimated a 4.2% decline in Ukraine’s GDP in 2020

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