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15 Apr
13:00

Global demand recovery keeps outpacing expectations: worldsteel

Global steel demand performed in 2020 better than previously expected, and the outlook for 2021 has also been revised upwards by worldsteel, Kallanish learns from the association. In its previous outlook issued last October, worldsteel had expected finished steel demand to fall 2.4% on-year in 2020. The association confirmed on Thursday, however, that the fall was only 0.2% y-o-y, to 1.7 billion tonnes. “Despite the disastrous impact of the pandemic on live…
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