World Steel Demand 2024 Chart. After witnessing a 3.1% contraction in global steel demand in 2022, it is expected to grow at a 2.3% and 1.7% rate in 2023 and 2024, respectively. Following a 2.3% rebound in 2023, the world steel association (worldsteel) forecasts 1.7% growth in global steel demand in 2024, according to its latest short.
The world steel association (worldsteel) has released an update of the short range outlook (sro) for 2023 and 2024. Safety remains our top priority.