Understanding solid growth in steel exports despite decline in production financial requires examining multiple perspectives and considerations. Steel Market Development report. 2024, its rapid growth in crude steel production far surpasses that of Egypt, Saudi Arabia, and the UAE. From 2019 to 2023, Algeria’s crude steel production surged Another key aspect involves, solid Growth in Steel Exports Despite Decline in Production.
Iranian steelmakers have achieved significant growth in exports, latest data released by the Iranian Steel Producers Association show. This perspective suggests that, a total of 4.06 million tons of semi-finished steel products were exported from Iran in the first seven months of the current fiscal year (March 21-Oct. In this context, 22), up 27% compared with the previous year’s similar ...
Current State of the U.S. Steel Market | Stout. Similarly, despite near-term uncertainty, the U.S. Equally important, steel industry is expanding capacity and preparing for long-term growth.
After a modest rebound in demand during 2022 and 2023 following the COVID-driven downturn and pricing volatility, the U.S. domestic steel market faced a challenging 2024. OECD Steel Outlook 2025. The Steel Outlook is the OECD’s annual analysis of the world steel market.
It provides the most up to date figures and the medium term outlook showing developments in the world steel market by area, and the main characteristics, apparent consumption, trade and production trends in the steel industry globally.The global steel industry faces ... worldsteel Short Range Outlook October 2025 - worldsteel.org. We expect to see a slowdown in the decline of steel demand from China, coupled with strong growth in developing economies like India, Vietnam, Egypt, and Saudi Arabia. In relation to this, [SMM Hot Topic] Export Turmoil, Steel Market Rebalancing in 2025. In 2024, China's exports to Vietnam, the UAE, Saudi Arabia, Indonesia, Malaysia, and Pakistan saw significant growth.
Export channels in the Asian region are particularly critical for China. According to SMM shipping data, steel port departures were busiest in Tianjin, Shanghai, and Hebei. Global Steel Markets Under Pressure Due to Weak Demand; Declining Prices. Coupled with a limited reduction in production and low domestic margins, this has led to an influx of Chinese exports, especially to less protected markets, which will reach 100 million tonnes in 2024 (annualised).
We expect more countries to increase their trade protection measures in response. China’s steel exports on track to exceed 2024 level, despite possible .... Although China’s steel exports may significantly decline in October, most market participants expected total exports of semi-finished and finished steel in 2025 to inch higher than a year ago and record a new all-time high. China’s bumper steel exports fuel oversupply concerns. Analysts believe Chinese steel exports are set to match or exceed levels from last year, when exports rose to about 90mn tonnes — the highest level in seven years — as China struggles to...
Metals and Steel Industry Outlook 2025/2026.
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