In 2022, the outbreak of the Russo-Ukrainian conflict drove European energy prices to soar; the Fed raised interest rates multiple times to control inflation (the worst one in 40 years), and China's stringent "zero-covid" policy led to a severe economic contraction.
The facts above put the global economy at a high risk of recession and created a difficult and complex circumstance for the global steel market. As you might be wondering what 2023 will look like for the global steel industry? what will be the dominant trend in the worldwide steel market? Despite the global economic slowdown and geopolitical tensions, is there hope for a revival in the steel industry?
To create this report, our market research team sifted through billions of vital statistics, data, information based on extensive credible sources and provided their exclusive market insights and prediction to help you win in 2023.
This report includes:
Review of the global steel market through 2022, including market dynamics scenarios, global steel pricing snapshots, steel demand predictions, and in-depth analysis of the effects and constraints of geopolitical events
Regional and country-level analysis integrating factors driving market growth, existing trends, and opportunities in the years to come: EU, Turkey, Vietnam, Japan, South Korea, China, U.S., and Brazil
And more...