Key Market Indicators
Global steel consumption is expected to dip slightly in the coming years. According to a recent report, steel consumption is projected to fall from 487.5 million kilograms in 2020 to 451.6 million kilograms by 2026. This would represent a decrease of approximately 1.3% year-on-year on average. Demand for steel has also decreased by 2.2% year-on-year. Germany, France and Spain hold the second, third and fourth positions in the global steel consumption ranking, respectively.
Latest reports
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