world economy

Global economy will slow down to 2.7% in 2024

According to the forecast, GDP growth in the G20 will slow to 2.5% this year

China wants to achieve economic growth by 5% in 2023, which will increase demand for steel and can support the steel sector in the world

Analysts expect that in 2023 the economies of Asian countries will grow, while the USA and the Eurozone are threatened with recession

Investment in developing economies will be below the two-decade average

European countries will feel the hardest hit as the Russian war hits business activity and causes a spike in energy prices

Such a forecast is based on expectations that hostilities in Ukraine will end no earlier than the end of 2022

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

The new reality has learned Ukrainian mining & metals industry to be flexible and make quick market decisions