Key Market Indicators
Steel consumption is on the rise, with a projected 1.7 billion kilograms expected to be consumed by 2026. This is a slight increase of 0.1% each year on average since 2020, when the total stood at 1.7 billion kilograms. Demand has been especially strong, rising by 5.1% year on year. In terms of leading consumers, Germany, France and Spain are the top three countries.
