Global Steel Price Outlook in 2024
The global steel industry acts as backbone of manufacturing and infrastructure development. As the global economy evermore shifting the changes in supply-demand ratios can fluctuate steel prices globally.
The global steel industry acts as backbone of manufacturing and infrastructure development. As the global economy evermore shifting the changes in supply-demand ratios can fluctuate steel prices globally.
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Steel prices worldwide are expected to stay low in 2024, even with a slight bounce in Chinese steel rates towards the end of 2023. The primary reason of this for this development is that steel prices are down especially in big markets outside of China as noted by research agency BMI
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