Global steel demand remains fragile as excess capacity pressures intensify

OECD chart showing iron ore, metallurgical coal and scrap prices rising between 2024 and early 2026.

Global steel demand is forecast to remain subdued in the coming years despite continued capacity additions across major steel-producing regions. New analysis highlights growing overcapacity, shifting trade flows and rising costs for key steelmaking inputs such as metallurgical coal, underscoring the pressures facing both steel producers and raw material suppliers. Global steel demand remains under pressure as the steel industry faces […]

This report is premium content Start a FREE 30-day trial to read this report and unlock our full library of 1,300+ coal market reports, white papers, and research studies. You’ll receive weekly content updates — and you can cancel anytime during the trial if it’s not for you.
FREE TRIAL
Already a subscriber ? Log in
RELATED POSTS