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Steel industry struggled in 2025

17:15

Steel industry struggled in 2025
source: Pexels

Demand for steel products is slowly increasing, but the main beneficiaries are importers, while prices remain low and continue to pressure domestic producers. In 2025, global steel consumption stayed broadly stable at about 1.75 billion tons, with declining demand in China offset by growth in developing regions such as India, Southeast Asia, Africa, and MENA.

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