Steel Price Forecast 2024 Usa Pdf. Worldwide steel need is anticipated to decline in 2024 for the third year running as production and economic growth remain weak, the world steel association (worldsteel) said. The association in april forecast that demand would reach 1.79 billion metric tons this year, but now expects 2024 demand to reach 1.75 billion metric tons, a decline of 0.9% from last year.

The association in april forecast that demand would reach 1.79 billion metric tons this year, but now expects 2024 demand to reach 1.75 billion metric tons, a decline of 0.9% from last year. Worldwide steel need is anticipated to decline in 2024 for the third year running as production and economic growth remain weak, the world steel association (worldsteel) said.