13
Dec
11:50
Improved demand, reduced costs should boost margins: Fitch
Steel markets should become more balanced in 2024 with demand growth in most regions, except for China. Steelmaker margins should be aided by improving demand and decreasing raw material prices. However, persisting inflation in developed markets, high energy prices and Chinese economic policy progress remain risks, says Fitch Ratings.
Global steel consumption should grow by 20-30 million tonnes on-year in 2024, driven by buoyant Southeast Asia markets, a strong re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous