Global steel demand to rise 2.3% in 2023 as World Steel upgrades forecast

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 18 (Reuters) - Global steel demand is expected to rise by 2.3% this year to 1.822 billion tonnes, an upgrade from a previous forecast, the World Steel Association said on Tuesday. The industry group previously forecast a 1% rise in demand for 2023. It also said in a statement that global steel demand was due to increase by 1.7% to 1.854 billion tonnes next year. (Reporting by Eric Onstad Editing by Mark Potter)

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