World Steel Association 2025

World Steel Association 2025. Steel industry economic impact The Brussels-based World Steel Association (Worldsteel) is reporting steel output in its 69 member nations dropped by 4.4 percent this January compared with production in January 2024 The latest short-range outlook by the World Steel Association forecasts a growth in steel demand in the MENA region for 2024, following a significant slowdown during 2022-2023

World Steel Association (worldsteel) on LinkedIn steelfacts
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The increases will take place all over except at the planet's largest producer Growth is expected to reach 5.3pct to 71.3 mln tons in 2024, followed by a 3.8pct increase to 74.1 mln tons in 2025, compared to 0.6pct growth last year.

World Steel Association (worldsteel) on LinkedIn steelfacts

worldsteel forecasts that this year global steel demand will drop further by 0.9% to 1,751 Mt The World Steel Association has revised down its 2024 demand outlook, saying it now expects the world to require 1.75 billion tons this year Growth is expected to reach 5.3pct to 71.3 mln tons in 2024, followed by a 3.8pct increase to 74.1 mln tons in 2025, compared to 0.6pct growth last year.

World Steel Association (worldsteel) on LinkedIn steelfacts. Africa produced 1.9 Mt in January 2025, down 3.5% on January 2024. worldsteel forecasts that this year global steel demand will drop further by 0.9% to 1,751 Mt

World Steel Association announced; 4 Turkish companies among the top steel producing companies. worldsteel issues press releases about topics affecting the steel industry as well as global crude steel production data per country and region on a monthly basis The Brussels-based steel association expects that global steel demand will increase in 2025 after three straight years of decline