The global economy is expected to be in a significant recession in 2023. In this situation, global demand, including for steel, may decline. As for China's domestic market, due to China's economic stabilization policy package, investment in infrastructure construction will continue to rise in 2023. In addition, China's overall investment in fixed assets is expected to rise, leading to a significant increase in demand for steel for construction.
In 2022, steel inventories in China have been significantly reduced. As of December 23, China's steel social inventory index stood at 86.1, down 6.7% year on year.
In addition, steel market participants did not stock up in winter, so in the spring of 2023 the steel market will grow. The average steel price is forecast to be higher in the first half of 2023 than in the second half. 2022.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- 23 April 2025
13:09 The roof for the new stadium of the football club Manchester United will be erected from steel - 14 April 2025
14:24 Turkish exporters must take into account the EU trade adjustments - 07 April 2025
12:11 World markets in free fall, since Trump deepens into a tariff medicine - 29 March 2025
15:33 WorldSteel: World production steel decreased - 26 March 2025
16:47 Electrolux sets the goal of using processed steel - 23 March 2025
13:47 British steel-steelers were faced with the abolition of orders due to American duties on steel 13:43 Trade with the EU: Turkey leads steel exports in 2024 - 11 March 2025
13:29 The American company produces pure hydrogen using waste gases from steel production
Publications
01.05 Vibir Slotyv Dzhiji Bet casino 01.05 Components for the arrangement of drip irrigation 26.04 Psychologist in Minsk: professional assistance and support 26.04 Modern sawmills for effective wood processing 24.04 Metal turning machines - accuracy, reliability, versatility
