According to Worldsteel, steel demand will contract by 2.3% in 2022, reaching 1,796.7 Mt, after increasing by 2.8% in 2021. In 2023, steel demand will recover by 1.0 percent to 1,814.7 Mt. The current forecast represents a downward revision from the previous one, reflecting the repercussions of persistently high inflation and rising interest rates globally. […]
Loading
