Free Industrial NewsBullish 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
Industry Segment: Metals & Minerals | Word Count: 227 Words
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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