steel demand - Latest news GMK Center

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

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

The company is preparing to increase production at its European facilities in anticipation of changes in demand

Among other things, this momentum is supported by the pace of urbanization and government capital investments

The company expects improved market conditions to drive higher domestic demand

Steelmakers emphasize the importance of short-term stimulus

This year, the figure is expected to reach 1.75 billion tons, which corresponds to the volumes of 2024

The sector is affected by weak demand, particularly from the construction industry, and falling prices

The country aims to achieve higher per capita steel consumption

According to CISA forecasts, the country's steel market will face greater pressure in the near future

The company increased steel supplies to a record 3.5 million tons in the period under review

With the guarantees in place, our country has significant prospects to significantly increase domestic steel consumption