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International Steel Industry News (2025)
2025-07-09
Global Steel Demand & Production Trends
Moderate Growth (2-3%): The World Steel Association (WSA) forecasts 1.85 billion metric tons of global steel demand in 2025, driven by infrastructure projects in Asia and North America.
China’s Slowdown: China’s steel production growth remains sluggish (~1% increase) due to a weak property sector, but exports remain high (impacting global prices).
India’s Expansion: India overtakes the U.S. as the second-largest steel producer, with major investments from ArcelorMittal, Tata Steel, and JSW Steel.
U.S. & EU Recovery: Infrastructure spending (e.g., U.S. Inflation Reduction Act, EU Green Deal) boosts demand for high-grade steel.