Reported about 11 hours ago
Global crude steel production fell by approximately 1% in 2024, prompting concerns about future steel prices. Major producers like China, Japan, and South Korea faced declines, though India and Malaysia reported increases. In the EU, production rose slightly overall, but countries like Italy experienced downticks. The US and Canada saw declines in output as well, while South America remained stable. The landscape suggests uncertainty for the steel industry in 2025.
Source: YAHOO