Steel Price Forecast 2024 Pdf Free. In april, the group forecast global steel demand would rise by 1.7% in 2024, but its latest forecast is a drop of 0.9% to 1.75 billion metric tons. In 2024, the steel industry is being shaped by the effects of global and regional crises.

Worldwide steel need is anticipated to decline in 2024 for the third year running as production and economic growth remain weak, the world steel association (worldsteel) said. In april, the group forecast global steel demand would rise by 1.7% in 2024, but its latest forecast is a drop of 0.9% to 1.75 billion metric tons.