Steel production in China has surpassed demand in recent years, leading to downward pressure on the profit margins of steel mills worldwide. Historically, China’s troubled real estate sector has accounted for over one-third of the country’s steel consumption. To address this issue, the Chinese...
With forlorn global growth, India remains a key growth market for steel consumption, supported by urbanisation and industrialisation initiatives. While challenges from imports and pricing pressures persist, government spending and lower input costs may provide relief. May the Indian Steel industry overcome...
The consumption volume of galvanized hard-drawn wires made from ordinary coated steel in the iron and steel industry in Japan decreased to 41.07 thousand tons since the previous year.
Number of worldwide users of cocaine by region 2010-2021 Coal consumption in South Africa 1998-2023 U.S. imports of hydraulic cement 2010-2023 U.S. cement production volume 2010-2023 Global graphite reserves 2023, by country Global clinker production capacity 2023, by country ...
The article reports on the expectation that Thailand's steel consumption will expand by as little as 2% in 2012 as the construction sector remains subdued. According to the Iron & Steel Institute of Thailand, this is a conservative estimate because they are expecting construction sector to be ...
In 2024, China's economy founded itself in crisis. The real estate market was collapsing due to oversupply, local governments were in excessive debt, consumption was weak, and the population was rapidly aging. GDP growth was falling behind targets as well.5In light of China's weakening economy...
In spite of a slight decline of steel consumption in Vietnam last year, the country will return to the positive trajectory in2018 driven by the growth in construction.Vietnam's steel demand will be better this year, increasing by at least 3% to around 22.3 million t year-on-year, accordin...
Steel consumption in the traditional construction sector is unlikely to maintain as high growth as previous years, while demand from new infrastructure and high-end manufacturing is set to see strong growth, market participants said. Official data shows that investment in China’s property development...
area of public and regulatory policy, raw material sourcing, global trade, technology, environmental concerns, and the entire range of issues related to steel making, steel consumption and steel usage. As the world’s second largest steel producing country, India is leading the way and so is ...
Asia Pacific accounted for largest revenue share of 64.1% in 2023 of the global steel market and this trend is anticipated to continue over the forecast period owing to large manufacturing and consumption base in China. Rising investment in infrastructure development projects is a key factor propelli...