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steel demand - Latest news GMK Center

Photo – Fall and growth in the steel construction market
Fall and growth in the steel construction market

At the end of 2022, steel prices and the cost of logistics have significantly decreased, which should contribute to demand

Photo – Steel prices in China will be pressured by weak demand until the end of 2022
Steel prices in China will be pressured by weak demand until the end of 2022

Quotations of steel products are likely to fall by the end of the year despite the government's efforts to support the industry

Photo – China’s weak economy threatens the stability of prices in the steel market in 2023
China’s weak economy threatens the stability of prices in the steel market in 2023

The demand for steel in China is one of the main factors influencing the prices of steel products in the world

Photo – Sergiy Krut: «Due to interruptions in the electricity supply, the demand for steel fell by 65%»
Sergiy Krut: «Due to interruptions in the electricity supply, the demand for steel fell by 65%»

The head of Metal Holding Trade – about the situation in the Ukrainian steel trade market

Photo – Recovery in global steel prices keeps weak demand in Asia
Recovery in global steel prices keeps weak demand in Asia

The Chinese market will remain weak until the end of the first quarter of 2023

Photo – Italian distributors consider low steel demand possible in 2023
Italian distributors consider low steel demand possible in 2023

The main concern is the fall in prices in January

Photo – Steel demand in India will remain stable till the end of FY2022/2023
Steel demand in India will remain stable till the end of FY2022/2023

The stimulus for steel consumption in the country, in particular, was state investment in infrastructure

Photo – Forecasts of steel demand in Europe restrain the growth of US exports
Forecasts of steel demand in Europe restrain the growth of US exports

European steel buyers are already looking for suppliers in Southeast Asia

Photo – Global steel demand to decline by 2.3% in 2022 — WorldSteel
Global steel demand to decline by 2.3% in 2022 — WorldSteel

Growth by 1% – to 1.814 billion tons is expected in 2023

Photo – Demand for steel in Ukraine began to recover from May
Demand for steel in Ukraine began to recover from May

Domestic demand for rolled steel has increased especially from producing and construction companies

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

Photo – Latin American steel demand to decline in 2022 – Alacero
Latin American steel demand to decline in 2022 – Alacero

The new forecast is more optimistic than the previous one and reflects increased expectations for GDP growth in the countries of the region

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