Iron Steel Outlook
Global Steel Outlook 2024
Steel Dynamics, Inc. China Baowu Steel Group Corporation Limited; United States Steel Corporation; Nucor Corporation; JSC Uzbek Metallurgical Plant; Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) Derichebourg S.A. Metinvest B.V. Taiyuan Iron & Steel (Group) Co., Ltd. Gerdau S.A. Inner Mongolia Baotou Steel Union Co., Ltd. JSW Steel Limited
steel market forecasts price outlook world …
The note that follows considers near-term steel price forecasts - that is, the outlook for world steel prices in 2025 and beyond. A notable characteristic of world steel prices is that they are highly cyclical. As can be seen in the chart …
IISIA (The Indonesian Iron and Steel Industry Association) …
The Indonesian Iron and Steel Industry Association (IISIA) adalah organisasi industri besi dan baja yang berupakan peleburan dari beberapa asosiasi besi dan baja dari hulu ke hilir dan setelah diresmikan pada tahun 2009. Setelah organisasi berjalan selama 4 (empat) tahun, banyak hal yang masih memerlukan penyesuaian antara para anggota dan juga ...
worldsteel Short Range Outlook October 2023
The World Steel Association (worldsteel) today released an update of the Short Range Outlook (SRO) for 2023 and 2024.
Demand Surges in 2023, Prices to Rise on High Input …
In order to boost the exports of iron ore and steel products, the Government, in November 2022, has withdrawn the export duty on steel products, iron ore lumps and fines (less than 58% iron content) and iron pellets. Similarly, the duty on iron ore lumps and fines (less than 58% iron content) has been reduced to 30% from 50%. The sharp
worldsteel Short Range Outlook April 2024
The World Steel Association (worldsteel) has today released its Short Range Outlook (SRO) steel demand forecast for 2024 and 2025.
Hong Kong Steel Market (2024-2030) | Trends, Outlook
3.6 Hong Kong Steel Market Revenues & Volume Share, By Product Type, 2020 & 2030F. 3.7 Hong Kong Steel Market Revenues & Volume Share, By Applications, 2020 & 2030F. 4 Hong Kong Steel Market Dynamics. 4.1 Impact Analysis. 4.2 Market Drivers. 4.3 Market Restraints. 5 Hong Kong Steel Market Trends. 6 Hong Kong Steel Market Segmentations
Africa Iron & Steel Market Outlook 2029
The Africa iron, steel, and cast-iron market is segmented by numerous segments, which include segmentation by product type, process, end-use industry, technology, and by region. By product type, the market is segmented into steel, cast-iron, and others.
Fitch Affirms Taiyuan Iron & Steel at 'A'; Outlook Negative
Fitch Affirms Taiyuan Iron & Steel at 'A'; Outlook Negative. Tue 02 Jul, 2024 - 3:33 AM ET. Fitch Ratings - Hong Kong - 02 Jul 2024: Fitch Ratings has affirmed Taiyuan Iron & Steel (Group) Co., Ltd.'s (TISCO) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A'. The Outlook is Negative.
Iron And Steel Casting Market Size And Forecast
Iron And Steel Casting Market Size And Forecast. Iron And Steel Casting Market size was valued at USD 161.91 Million in 2024 and is projected to reach USD 246.6 Million by 2031, growing at a CAGR of 5.40% during the forecasted period 2024 to 2031.. The increase in demand for vehicles and the expansion of the automobile sector as a result of rising disposable income, the rising …
Iron & steel
World Energy Outlook 2024. Flagship report — October 2024 . Oil Market Report - November 2024. Fuel report — November 2024 ... Iron and steel is one of the last sectors in the IEA's Net Zero pathway that will still be using coal in 2050, …
Global Steel Outlook 2024
Global Steel Outlook 2024 Tue 12 Dec, 2023 - 5:30 PM ET Fitch Ratings' Neutral Outlook reflects our expectations that steel markets will become more balanced due to …
worldsteel Short Range Outlook April 2024
The World Steel Association (worldsteel) has today released its Short Range Outlook (SRO) steel demand forecast for 2024 and 2025. worldsteel forecasts that this year demand will see a 1.7% rebound to reach 1,793 Mt. …
Thailand Iron and Steel Market (2024-2030) | Trends, Outlook …
The iron and steel market in Thailand features prominent names like Sahaviriya Steel Industries Public Company Limited (SSI) and G Steel Public Company Limited. These companies are major players in the production and distribution of steel products …
Indian Steel Industry: March 2023 – A Trend Report
The outlook for the domestic steel industry The upturn in global manufacturing production was sustained at the end of the first quarter of 2023. Output rose for the second successive month, as manufacturers benefited from a ... Ural Steel iron and steel works in Russia's Novotroitsk, the Orenburg region of the Urals, ...
steel market forecasts price outlook world …
Market outlook and 2025-2026 steel price forecasts. Taken together, MCI's judgement regarding the current level of steel prices in the context of the longer-term price cycle; with our assessment of expected changes to the steel supply …
Steel Imports Up 11.3% in April vs. March
Finished Import Market Share YTD at 23%. Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,801,000 net tons (NT) of steel in April 2024, including 2,092,000 net tons (NT) of finished steel (up 11.3% and 4.5%, respectively, vs. March 2024).Total and …
The future of Malaysia's steel industry
The greening of the iron and steel industry should not be seen as a burden but an opportunity — a chance to innovate, adapt and secure a future where steel production aligns seamlessly with environmental stewardship. This is a win-win pursuit. Transitioning to a sustainable, low-carbon economy will not only be good for the environment; it ...
worldsteel Short Range Outlook October 2023
The World Steel Association (worldsteel) today released an update of the Short Range Outlook (SRO) for 2023 and 2024. worldsteel forecasts that steel demand will grow by 1.8% in 2023 and reach 1,814.5 Mt after …
Steel outlook 2024: Analyzing consumption trends …
Ukraine, Russia, and other CIS countries are forecasted to request 55.2 million tons of steel in 2024, indicating a modest 1% increase from the previous year. In summary, the global steel demand forecast for 2024 reveals …
Iron Ore Price Forecast | Predictions For 2024, 2025-2030
Global Steel Demand Is to Recover in 2025, But Not in China. The World Steel Association (Worldsteel) forecasted a rebound in global steel demand in 2025 after a slowdown in 2023-2024. Steel demand is expected to grow by 1.2% to 1,772 Mt in 2025, up from an estimated 1,750.9 Mt in 2024, which marks a 0.9% decline from 1,767 Mt in 2023.
Fitch Ratings' steel sector outlook for 2024
International credit rating agency Fitch Ratings forecasts a neutral outlook for the global steel industry in 2024. ... Türkiye 's iron and steel export value was 8.54 billion USD in the January-October period Thursday, …
Steel and iron ore market outlook / Steel …
I will give a brief overview of where the steel value chain fits within the context of national and global economic development. That will then flow into a view of the outlook for steel. I will then discuss the iron ore market. I will argue that the key medium-term beliefs that the iron ore industry and the wider eco-system held four years
India Iron and Steel Market (2024-2030) | Trends, Outlook …
With a focus on technological advancements, product diversification, and sustainability practices, these key players contribute to the growth and competitiveness of the iron and steel market in India. Key Highlights of the Report: India Iron and Steel Market Outlook; Market Size of India Iron and Steel Market, 2023
India Steel Market Size | Mordor Intelligence
The India Steel Market is expected to reach 135.81 million tons in 2024 and grow at a CAGR of 9.18% to reach 209.93 million tons by 2029. Steel Authority of India Limited (SAIL), JSW STEEL LIMITED, TATA STEEL, AM/NS INDIA and JINDAL STEEL & POWER LIMITED are the major companies operating in this market.
World Steel Organization: Expectations for global steel …
The World Steel Organization (worldsteel) has released its short-term outlook (SRO) for 2022 and 2023, in which the organization expects steel demand to grow by 0.4% in 2022 to reach 1,840.2 million tons after a 2.7% increase in 2021 In 2023, steel demand is expected to grow by 2.2% to reach 1,881.4 million tonnes. These … World Steel Organization: …
Iron And Steel Market Size, Share & Growth Report, 2030
Report Overview. The global iron and steel market size was valued at USD 1,676.24 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. Rising investment in residential construction is expected to augment the market growth over the forecast period. Iron & steel products possess a high strength-to-weight ratio, allowing …
Iron Price Forecast: Top Trends That Will Affect Iron in 2024
Iron ore prices hit US$128 per metric ton (MT) in March, but then fell as low as US$105 in May as concerns about a global economic recession dampened the outlook for steel production.
Iron ore rises on firmer steel outlook, but trade tensions cap …
Iron ore futures strengthened on Monday, buoyed by stronger global steel production, although mounting trade tensions surrounding top consumer China capped gains. The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade0.84%higher at 781.5 yuan ($107.88)a metric ton. The contract had earlier risen …
UNICA Iron and Steel : Setting a Solid Standard
SETTING A SOLID STANDARD. Established in 2007, UNICA Iron and Steel (UNICA) is the first in South Africa (SA) to feature a fully integrated mini-steel plant that produces light to medium structural steel. "We are growing with the pace of demand, and our market share increases daily. We are currently installing a new melting furnace to increase our capacity from …
Preliminary outlook of the global steel market in 2024
According to preliminary reports presented for the steel industry in the global market, the global outlook for steel in 2024 is stated to be unchanged. 06.04.2024 - 08:30 This forecast is based on the fact that steel markets are largely balanced and will be in little better shape than in 2023.
Steel Market Growth Opportunities & Revenue Forecast 2033
Steel Market Outlook from 2023 to 2033. The global steel market size reached USD 1,823.5 billion in 2022. Over the forecast period, global steel demand is anticipated to rise at 4.4% …
Steel Price Forecast and Steel Market Outlook | S&P Global
Bottom line: Steel prices are plummeting although still above their long-term average. More declines will come so delay locking as long as possible. Beware steel production cuts if electricity is rationed. Learn more, visit Commodity Coverage – Metals. Listen to our latest podcast on …
Neutral Sector Outlook for Global Steel in 2024
Fitch Ratings-New York/Singapore/London/Hong Kong/Dubai-12 December 2023: The global outlook for steel sector in 2024 is neutral as steel markets will be largely balanced …
Indian Steel Industry Report
In FY22, demand for steel is expected to increase by 17% to 110 million tonnes, driven by rising construction activities. Tata Steel is planning to set up more scrap-based facilities that will have a capacity of at least a billion tonnes by 2025. Tata Steel in India is also planning to expand its annual capacity from 34 MTPA to 55 MTPA by 2030.
Steel outlook 2024: Analyzing consumption trends across
Steel outlook 2024: Analyzing consumption trends across key global regions According to SteelRadar's market research, focuses on the forecasted global steel demand for 2024, concentrating on key consumer regions and their anticipated consumption patterns. ... Global Iron and Steel Exchanges Iron and Steel Indices, Price and News. Shanghai ...
MONTHLY SUMMARY | Ministry of Steel | GoI
Steel Scrap Recycling Policy; Policy for providing preference to Domestically manufactured Iron and Steel product in Govt procurement (DMI&SP) National Steel Policy (NSP), 2017; Quality Control Orders; Guidelines for Classifications of Steel Producers; Notifications. Constitution of Steel Consumers' Council; Import/Export Duty in Steel Sector
Iron And Steel Market Size, Share & Growth …
The global iron and steel market size was valued at USD 1,676.24 billion in 2022 and is expected to grow at a CAGR of 3.8% from 2023 to 2030
Navigating the Future of Malaysia's Iron and Steel Industry
I would like to congratulate the Malaysian Iron and Steel Industry Federation (MISIF) for publishing the 15th Report on Status and Outlook of the Malaysian Iron and Steel Industry 2024/2025. This is a biennial publication by MISIF which was first published in 1994.