steel demand

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Risks to the steel market from a slowdown in China’s economy

An increase in Chinese exports leads to losses in local markets and, as a result, to an increase in the number of trade restrictions

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Steel demand in Southeast Asia to grow by 3.7% y/y in 2024 – SEAISI

Last year, this indicator fell by 1.9% year-on-year in the six main countries of the region

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Steel demand in China to remain stable in 2024 – forecast

Expectations take into account GDP growth targets and the recovery of demand in the manufacturing industry

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Steel demand in India to grow by 8-10% in FY2024/2025 – Tata Steel CEO

The situation in China will continue to affect the prices of steel products in India

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Steel demand in Germany will not recover until 2025 – WV Stahl

The association insists on the speedy implementation of the industrial development policy of Germany and the return of the country to the title of an industrial center

Industrial production in Ukraine to grow by 5.9% y/y in 2023

Production at steel ore mining enterprises was hit the hardest

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WorldSteel forecasts a 1.7% y/y recovery in steel demand in 2024

In 2025, steel consumption will reduce the growth rate to 1.2% y/y

Olexander Kalenkov: “All enterprises in the industry have planned growth of 10-15% in 2024”

Increased output is hampered by logistical difficulties, shelling, staff shortages and lack of a risk insurance mechanism

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US steelmakers expect stable steel demand in 2024

At present, prices for steel coils in the country have declined from their peak at the end of 2023

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Steel demand outside of China to grow by 3-4% in 2024 – ArceloMittal

The forecast for demand for steel in China this year is +0-2% y/y

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Apparent steel consumption in the EU to grow by 5.6% y/y in 2024 – EUROFER

In 2023, the indicator is expected to decrease by 6.3% y/y

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India will increase infrastructure spending by 11% y/y in FY2024/2025

The country's steelmakers predict an increase in domestic demand for steel

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