Steel Demand Forecast 2025 By Country

Steel Demand Forecast 2025 By Country. When Will Steel Prices Return To Normal? The Safety Source LLC We expect implied apparent steel consumption to decrease by 18 million tonnes (mt) in 2024, according to CRU, due to weaker demand in China, Japan, South Korea and the US Expert analysis of global steel market forecasts for 2025-2026

Estimated demand for steel worldwide by region 2016 Forecast
Estimated demand for steel worldwide by region 2016 Forecast from www.statista.com

Comprehensive outlook on steel prices, demand trends, and industry projections. The China Metallurgical Industry Planning Research Institute (MPI) estimates that steel demand in China will decrease by 1.5% in 2025 compared to 2024

Estimated demand for steel worldwide by region 2016 Forecast

In 2025, we forecast apparent consumption to increase by the low single digits, supported by India, steady demand from China and an upturn in the US and EU. Expert analysis of global steel market forecasts for 2025-2026 Steel production is expected to fall by 4.4% year-on-year in 2024

World Steel Association released steel demand report for the next two years. India's demand is forecast to grow by 8.0% over 2024 and 2025, driven by infrastructure investments and expansion across multiple steel-consuming sectors Steel production is expected to fall by 4.4% year-on-year in 2024

Steel industry can steer India towards 5 tn economy by 2025 EYCII. 14, 2025 (GLOBE NEWSWIRE) -- The "Steel World, Regions and Countries Market Review 2019-2024 and Forecast to 2034" report has been added to ResearchAndMarkets.com's offering. There is an increasing likelihood of larger scale intervention and support from the Chinese government in the real economy, which will likely boost steel demand in China in 2025