Steel Industry Braces for Uncertain 2025 ...Middle East

OILPRICE - Economy
Steel Industry Braces for Uncertain 2025
source : OILPRICE ( Middle East ) () 152
Via Metal Miner According to the World Steel Association, global crude steel production in 2024 declined by about 1% year-on-year. With the data released, organizations now want to determine where steel prices might go for the rest of 2025. On January 24, the Brussels-based association stated that total volumes for the year were just over 1.88 billion metric tons against almost 1.9 billion metric tons in 2023. Those figures account for the 71 nations that report to Worldsteel. Asia and Oceania China, the world’s largest steel producer, poured…

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