News
February 22
According to the latest report from the World Steel Association (WSA), global steel demand is projected to grow by 3.5% in 2026, driven primarily by strong demand in Asia and select emerging markets. Countries outside China, especially India and Southeast Asia, are expected to lead the charge in global steel demand growth.
In 2026, steel consumption will continue to be supported by infrastructure projects and rising demand in the manufacturing sector. Large-scale infrastructure developments in India and Southeast Asia are expected to significantly boost demand for steel. Meanwhile, China’s steel production is expected to stabilize further, enhancing the international competitiveness of Chinese steel in global markets.
