Is the rapid growth of steel consumption and release of steel production capacity sustainable? It needs to be analyzed carefully, treated rationally and dealt with scientifically.
Is there a big chance for thread and hot coil (4438,70.00,1.60%) varieties in 2021? The major institutions are still optimistic about the steel market.
This is the basis for the more positive economic picture we forecasted in our 2021 Short Range Outlook (SRO), where steel demand is expected to recover to 1,795 Mt, an increase of 4.1 % over 2020.