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World Steel Association Releases Steel Forecast

2015 and 2016 Short Range Outlook Published

The World Steel Association released a short-range projection for 2015 and 2016 forecast for global steel demand projecting a decrease by 1.7% in 2015 and growth of .7% in 2016. 

The headwinds represented a litany of the usual suspects: Chinese economic slowdown, end of a major growth cycle, low investment, turbulence in the financial markets and more.  Emerging economies will likely play an outsize role in any potential new growth or deceleration. 

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