06
Jul
12:41
Korea's Posri presents 2035 global steel demand estimate
Global steel demand is likely to grow at a compound annual growth rate (CAGR) of 1.2% from 2016-2025, and then at 0.9% CAGR over 2025-2035, according to analysts at the Posco Research Institute (Posri). That will leave global steel demand at 1.857 billion tonnes in 2035, with most sectors seeing some growth despite a decline in steel intensity, Kallanish notes.
Posri’s analysis looks at key steel consuming sectors and how they will react to ongoing ‘…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous