During his presentation at the Steelorbis 2025 Fall 2025 conference and the 93rd IREPAS collection, held in Munich on September 28-30, Dr. Hinz-Yurgener, an independent consultant in goods, emphasized trade tension, industry growth prospects and an energy transition as determining factors for the future global global factors steel industry. Noting that the growth in the construction industry and the population promises long -term growth in demand for steel, Dr. Bukhner said that high tariffs and energy costs, as well as geopolitical tension, remain problems for steel industry.
Global economic prospects: IMF increases growth forecast for 2025 years
. He said that he expects slightly higher growth in the global economy (+0.2 percent) for 2025 than in his future in April for 2025, predicting three percent of growth this year and 3.1 percent for 2026. The main reason for a slightly improved perspective is, first of all, a slight decrease in the US trade tariffs in its most important countries of suppliers. Dr. Bukhner noted that the Asia-Pacific region continues to provide strong growth potential, especially in Indonesia, the Philippines and Malaysia, while Africa and the Middle East are faced with uneven prospects due to geopolitical conflicts. South Africa, Canada, Brazil and especially Mexico suffers, especially from the high tariffs of the USA, while Turkey is influenced by high inflation and weak consumer demand. USADR. Bukhner noted that it is expected that the production of light vehicles in 2025 will fall a little to 89.2 million units. The US constant attacks on global trade order, thanks to the ever -new tariff threats, complicate planning for all exporters, while there are significant differences in customs duties on the import of passenger cars that often affect goodwill or political views of steel in the United States. Demand
according to the NMSC consulting company, the global volume of the construction market, according to forecasts, will grow from $ 11.4 in 2024 to 16.1 trillion. The population of the world intends to reach 8.57 billion by 2030, and by 2050 almost 9.7 billion will lead to long-term demand for steel through the needs of urbanization and infrastructure. Noting that the European and German construction industry are currently fighting as a result of a sharp increase in the costs of the construction and consequences of the Russian-Ukraine war, Bukhner said that the growth of construction in Europe is also turned to the best
