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This report analyses global production, consumption and prices of steel. The global steel industry swiftly recovered after the COVID-19 shock. While supply struggled to meet booming demand in 2021, steel prices skyrocketed. Russia's invasion of Ukraine added to global supply shortages, further fuelling prices. Nevertheless, steel prices are expected to stabilise by 2023 as the construction boom eases and countries find alternative ways to supplement supply shortages from Russia and Ukraine.
Strategy Briefings offer unique insight into emerging trends world-wide. Aimed squarely at strategists and planners, they draw on Euromonitor International's vast information resources to give top line insight across markets and within consumer segments. Written by some of our most experienced analysts, they are designed as provocations for senior management to use in their own forum, allowing them to stand back and reflect on the behaviour and motivation driving global markets today and tomorrow
Product coverage: <|Products|>
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report
Identify factors driving change now and in the future Understand motivation Forward-looking outlook Briefings and presentation should provoke lively discussion at senior level Take a step back from micro trends Get up to date estimates and commentIntroduction
Global Supply of Steel
Global Consumption of Basic Iron and Steel
Country Snapshots
Conclusion