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Worldsteel steel demand growth forecast revised downward to -2.3% in 2022 and 1.0% in 2023

October 20, 2022

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel expects world steel demand to be 1,797 million metric tonnes in 2022 and 1,815 million tonnes in 2023. The new forecast expects a 2.3% steel demand decline in 2022 and a 1.0% increase in 2023, lowering its expectations compared to their April, 2022 forecast by […]

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Worldsteel steel demand growth +0.4% in 2022, revised downward by 1.8% on October 2021 prediction

April 18, 2022

In its latest Short Range Outlook (SRO), published last Thursday, Worldsteel expects world steel demand in 2022 to reach 1,840 million metric tonnes. The new forecast decreases estimate demand growth between 2021 and 2022 from 2.2% in its October 2021 SRO to 0.4% in the newly released figures. China accounted for 52% of world steel […]

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Worldsteel steel demand forecast +5.8% in 2021, up 1.7% on October 2020 prediction

April 16, 2021

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel expects steel demand in 2021 to reach 1,874 million metric tonnes. The new forecast increases estimated demand growth between 2020 and 2021 from +4.1% in its October 2020 SRO to +5.8% in the newly released figures. China accounted for 56% of world steel demand in […]

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Worldsteel raises 2018 and 2019 steel demand forecasts on improved China outlook

October 16, 2018

In its latest Short Range Outlook (SRO), published today, Worldsteel revised its world apparent steel use (ASU) growth forecast for 2018 upward. The revision increased forecast steel demand growth between 2017 and 2018 from 1.8% in its April 2018 Short Range Outlook to 3.9% in the figures published today. In addition, it revised the demand […]

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August world crude steel production 151.7M tonnes

September 27, 2018

Worldsteel published August’s world crude steel production on September 25th. World steel output was 151.7 million metric tonnes, 2.6% higher than in August 2017. Crude steel production for the first eight months of 2018 was 4.8% higher than in the same period last year. China accounted for 53% of world output in August with production […]

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July world crude steel production 154.6M tonnes

September 4, 2018

Worldsteel published July’s world crude steel production on August 27th. World steel output was 154.6 million metric tonnes, 5.8% higher than in July 2017. Crude steel production in the first seven months of 2018 was 5.1% higher than in the same period last year. China accounted for 53% of world output in July with production […]

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