Bullish Short-Term Outlook for Global Steel Demand Drives $340 Billion in Projects

Bullish Short-Term Outlook for Global Steel Demand Drives $340 Billion in Projects

Bullish Short-Term Outlook for Global Steel Demand Drives $340 Billion in Projects


Attachment: SteelGlobal0421

The World Steel Association recently released its short-range outlook for steel demand, forecasting global steel demand growth of 5.8% in 2021, followed by 2.7% in 2022. This comes on the heels of flat demand in 2020 due the COVID-19 pandemic.

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