worldsteel revises its steel demand outlook

Source date · 2026-10-12

worldsteel’s October 2026 forecast projects broadly flat global demand in 2026, followed by 1.7% growth in 2027. Its April forecast had anticipated a stronger recovery.

Purchasing note

A demand forecast helps with planning horizons. Set purchasing dates from the lead time and approval requirements of the ordered steel grade, and revisit regional assumptions as new data arrive.

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Source

World Steel Association (worldsteel) · Original announcement · 2026-10-12
Original source used for this industry brief.

Published on this site · 2026-11-06

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