Steel Price Forecast 2025. Steel 20162021 Data 20222023 Forecast Price Quote Chart Historical in spite of soaring energy prices impacting production costs, component shortages and lower. Steel decreased 54 Yuan/MT or 1.63% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity
Steel Price Forecast 2025 Australia Jane Andrus from janeandrus.pages.dev
The note below considers near- and medium-term steel price forecasts - that is, the outlook for world steel prices in 2025 and beyond After a significant recession (-8.3%) in 2022, persistent downside factors such as ongoing conflicts, uncertainty surrounding energy prices and high inflation - albeit slowing down -, combined with a worsened economic outlook, are set to negatively impact again apparent steel consumption in 2023, for which the forecast indicates a more pronounced contraction (-6.3%) compared to the previous.
Steel Price Forecast 2025 Australia Jane Andrus
Consequently, steel prices are projected to fall throughout 2024, potentially reaching a low point by mid-2024 or 2025. The note below considers near- and medium-term steel price forecasts - that is, the outlook for world steel prices in 2025 and beyond Manufacturers that rely on steel are revising financial forecasts.
Economic and steel market outlook 20242025, first quarter. The World Steel Association forecasts a 1.9% increase in global steel demand in 2024, but the OECD reports significant capacity additions, outpacing demand growth and likely reducing capacity utilization Global Steel Price Projections 2025-2026 Steel Price Forecasts
Steel 20162021 Data 20222023 Forecast Price Quote Chart Historical. Steel decreased 54 Yuan/MT or 1.63% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity After a significant recession (-8.3%) in 2022, persistent downside factors such as ongoing conflicts, uncertainty surrounding energy prices and high inflation - albeit slowing down -, combined with a worsened economic outlook, are set to negatively impact again apparent steel consumption in 2023, for which the forecast indicates a more pronounced contraction (-6.3%) compared to the previous.