Tag: Top steel producers navigate Global Market Uncertainties in 2024; WSA

Global crude steel production falls by 0.8% y-o-y Baowu top producer, ArcelorMittal sees 5% drop in output Despite persistent macroeconomic headwinds, including declining household purchasing power, monetary tightening, and increasing geopolitical uncertainties, global crude steel production in CY’24 demonstrated a relatively stable performance, reaching 1,882.6 million tonnes (mnt). This figure represents a marginal 0.8% decrease…