On October 14, Worldsteel released its latest Short Term (2024-2025) Steel Demand Forecast (SRO). The report shows that global steel demand will fall a further 0.9% this year to 1.751 billion tons. After three consecutive years of decline, global steel demand will rebound by 1.2% to 1.772 billion tonnes in 2025.
Post time: Oct-16-2024