Tag: Global steel demand to rise by 1.7% y-o-y in CY’24

World Steel Association (WSA) forecasted increased global steel demand by 1.7% y-o-y for CY’24 to 1.793 bnt against 1.763 bnt in CY’23, followed by 1.2% y-o-y increase in CY’25. “There are early signs of global steel demand recovery in 2024 and 2025, following two years of decline and market volatility triggered by the Covid crisis…