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steel demand - Latest news GMK Center

Photo – Demand for steel in India rose by 8.3% y/y in Q1 of FY2026/2027
Demand for steel in India rose by 8.3% y/y in Q1 of FY2026/2027

At the end of the period, the country retained its status as a net importer of rolled steel

Photo – GMK Center prepared ‘The Northern European Steel Market 2026: Transformation Amid Crisis’ report
GMK Center prepared ‘The Northern European Steel Market 2026: Transformation Amid Crisis’ report

The Nordic region is demonstrating interesting strategies for the survival and transformation of the steel market amid the protracted European energy crisis

Photo – The Chinese steel market is experiencing a prolonged downturn in demand – experts
The Chinese steel market is experiencing a prolonged downturn in demand – experts

Exports have long been a mainstay of the country’s steel industry

Photo – India is capable of sustaining strong demand for steel – Tata Steel CFO
India is capable of sustaining strong demand for steel – Tata Steel CFO

The company's strategy is to increase its share of the domestic market in selected segments

Photo – Key trends in steel consumption in Eastern and Southeastern Europe: challenges and prospects for 2026
Key trends in steel consumption in Eastern and Southeastern Europe: challenges and prospects for 2026

GMK Center has compiled a collection of articles that provides a comprehensive overview of steel consumption in 20 countries across the region

Photo – China is stepping up efforts to stabilize the steel market
China is stepping up efforts to stabilize the steel market

The imbalance between ample supply and weak demand for steel continues to grow

Photo – Steel consumption in the Western Balkans: threat of a decline
Steel consumption in the Western Balkans: threat of a decline

The main risks in 2026 are new tariff barriers and a Europe-wide economic crisis

Photo – GMK Center has published «Global Steel Consumption in 2025: key findings and forecasts» report
GMK Center has published «Global Steel Consumption in 2025: key findings and forecasts» report

Our series of articles provides a detailed analysis of steel consumption in the world’s major regional markets in 2025 and the key challenges of 2026

Photo – Sidenor halts rolling mill in Askia due to low demand
Sidenor halts rolling mill in Askia due to low demand

The company notes that the decline in its order portfolio has been ongoing for several years

Photo – Future expansion of CBAM poses risks to steel demand in the EU
Future expansion of CBAM poses risks to steel demand in the EU

The market believes that the current costs of the mechanism are underestimated throughout the supply chain

Photo – US tariff policy affects Japanese steel industry – JISF
US tariff policy affects Japanese steel industry – JISF

At the same time, the Ministry of Economy gives a pessimistic forecast for steel demand at the end of the 2025/2026 financial year

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