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steel demand growth

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 steel demand forecast -2.4% in 2020, up 4.0% on June 2020 prediction

October 16, 2020

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel revised its steel demand growth forecast for 2020 upwards. The revision raised estimated demand growth between 2019 and 2020 from -6.4% in its June 2020 SRO to -2.4% in yesterday figures. Steel demand is expected to increase by 4.1% between 2020 and 2021. China accounted […]

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Worldsteel steel demand forecast -6.4% in 2020, down 8.1% on October 2019 prediction

June 8, 2020

In its latest Short Range Outlook (SRO), published June 4th, Worldsteel revised its steel demand growth forecast for 2020 downward due to the Covid-19 crisis. The revision lowered estimated demand growth between 2019 and 2020 from 1.7% in its October 2019 SRO to -6.4% in the June 4th figures. China accounted for 51% of world […]

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World steel demand forecast revised upward on improved China outlook

October 15, 2019

In its latest Short Range Outlook (SRO), published yesterday, Worldsteel revised its world steel demand growth forecast for 2019 and 2020 upward. The revision increased forecast demand growth between 2018 and 2019 from 1.3% in its April 2019 Short Range Outlook to 3.9%. In addition, Worldsteel revised demand growth between 2019 and 2020 from 1.0% […]

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