Insight
Lens Steel Markets Subscribers SY test 3Aug2026
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Report summary
Global steel market outlook Weak Chinese demand and policy-supported Western supply drive regional price divergence Global crude steel production edged higher in June (+1.7% y-o-y; -0.7% YTD). China posted modest growth of 0.6% y-o-y, while India continued its upward trajectory with a 4.4% increase y-o-y. US crude steel climbed by 3.6% y-o-y, and output of Japan and Korea recorded marginal gains of 0.4% y-o-y. Middle East output fell 13.2% y-o-y in June and is 14.2% lower YTD as Iran recovers airstrike damage at Mobarakeh and Khuzestan.
Table of contents
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Global steel market outlook
- Weak Chinese demand and policy-supported Western supply drive regional price divergence
- Country snapshot
Tables and charts
No table or charts specified
What's included
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