The World Steel Association released a short-term steel demand forecast report in late April. According to the report, global steel demand will rebound by 2.3% in 2023, reaching 1.82 billion mt. In 2024, global steel demand will increase by 1.7%, reaching 1.85 billion mt.
The manufacturing sector is expected to lead the recovery in steel demand, but high interest rates will still weigh on steel demand.
![[SMM Kedatangan Canai Panas] Rasio Kedatangan Bergerak Mendatar Periode Ini](https://imgqn.smm.cn/usercenter/ikbxI20251217171718.jpg)
![[SMM Steel] 7.21 Laporan Harian Baja Global SMM](https://imgqn.smm.cn/usercenter/rKOND20251217171716.jpg)
![[SMM Volume Perdagangan Harian Baja Canai Panas] Volume Perdagangan Spot Berubah Tipis](https://imgqn.smm.cn/usercenter/GfiYT20251217171720.jpg)
