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World Steel Association sees softening in steel demand

Some analysts deem the association’s forecast too optimistic given the prolonged nature of the heavy-handed Covid-19 lockdowns in China, which accounts for more than half of the world’s steel consumption

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The WSA expects the growth of global steel demand to slow to 0.4% this year. Some analysts disagree, arguing the situation is likely to be worse amid disruption from China’s oppressive lockdown policies and uncertainties surrounding the situation in Ukraine

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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