
German Federation Disagrees with World Steel Association Outlook
Germany’s steel demand will not gain noteworthy momentum before 2025

Germany’s steel demand will not gain noteworthy momentum before 2025

The proposed acquisition of US Steel by Japan’s Nippon Steel is facing new antitrust reviews on two continents

The World Steel Association’s latest Outlook paints a contrasting picture for global steel demand in 2024 and 2025.

Prices of steel hot-rolled coil in Europe continued to decrease on Monday April 8 amid persistently slow demand

Global steel demand is expected to rise by 1.7% reach 1.79 billion tonnes this year

Global steel demand growth will continue to be very sluggish in 2024-25

Vietnam’s hot rolled coil import market stabilised and lifted last week after sinking to lows at end-March

Both JSW Steel Limited and Tata Steel had their highest-ever crude steel production.

Chinese steel traders saw their stocks of finished steel at hand decline further over March 29-April 4, thinning another 1.1 million tonnes

The European hot-rolled coil market is currently experiencing significant bearish pressure due to a combination of weak demand and oversupply.

The just-concluded financial year of 2023-24 proved to be a fairly good one for India’s steel industry as mills saw a 12% increase in sales

ArcelorMittal’s Zenica, Bosnia-based long steelworks plans to close its coke battery as a result of rising costs and reduced steel demand