Hey folks,
I’ve been tracking the market lately and the price of steel trend looks pretty unstable. On one hand, global demand is only creeping up, with forecasts showing around 1–2% growth for 2025. On the other hand, new production capacity is being added in a lot of regions, which could keep prices under pressure.
China’s slowdown, especially in the property sector, is weighing heavily. Their exports are flowing into markets like India, Europe, and Southeast Asia, which makes it harder for domestic producers to keep prices steady. Meanwhile, in the U.S. and Europe, tariffs and trade measures are creating their own swings in supply and pricing.
What’s interesting is that some reports suggest we may not see any solid recovery until late 2025 or even 2026. But in markets like India, demand from infrastructure projects is keeping things somewhat stronger, even if cheap imports are a problem.
So, I’m curious—how are you all experiencing this in your regions? Are local suppliers passing on lower global prices, or are you still seeing strong demand holding things up?
Let’s hear everyone’s insights—sharing your perspective will help us all get a clearer view of the price of steel trend worldwide. Thanks in advance for your input!
Looking forward to hearing everyone’s take on the steel market.
