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Photo – The consumption of steel products in the EU will decrease by 3.5% in 2022 – EUROFER
The consumption of steel products in the EU will decrease by 3.5% in 2022 – EUROFER

The industry association is concerned about the high level of imports to the EU

Photo – Global steel demand to decline by 2.3% in 2022 — WorldSteel
Global steel demand to decline by 2.3% in 2022 — WorldSteel

Growth by 1% – to 1.814 billion tons is expected in 2023

Photo – The volume of the global rebar market will amount to $246.3 billion by 2028 — forecast
The volume of the global rebar market will amount to $246.3 billion by 2028 — forecast

Analysts consider the non-residential construction sector to be the driver of growth

Photo – BHP raised its long-term forecast for global steel consumption
BHP raised its long-term forecast for global steel consumption

The company associates the forecasts with the decarbonization of electricity production

Photo – Danieli expects a stable order book in the 2022/2023 financial year
Danieli expects a stable order book in the 2022/2023 financial year

The company's clients invest in more efficient and sustainable production

Photo – The Ministry of Economy downgrades its economic growth forecast for Ukraine to 3.6% in 2022
The Ministry of Economy downgrades its economic growth forecast for Ukraine to 3.6% in 2022

The new pandemic challenges keep affecting all economies in the world, including Ukraine

Photo – NBU estimates the increase in Ukraine’s GDP in Q2 at 7.5%
NBU estimates the increase in Ukraine’s GDP in Q2 at 7.5%

The regulator expects the national economy to slow down by 3.6% in Q3

Photo – The National Bank estimates a decline in Ukraine’s GDP at 1.5% in Q1
The National Bank estimates a decline in Ukraine’s GDP at 1.5% in Q1

The regulator expects the national economy to grow by 8.7% in Q2

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