Steel: 5 things to look for in 2023 by Wood Mackenzie

Much like 2022, 2023 will be a tale of two halves for steel. The first half will stay muted due to macro woes, while the second half looks set to fare better as global economic activity revives and Chinese construction gathers pace.   

India, the US and China would be the key demand drivers in 2023.  

In this report, we draw on insight from the Steel Research Suite to set out our predictions and explore the outlook for 2023. 

This includes:  

  • Are the gloomy days over for Chinese property markets?  
  • Optimism grips new green metallic hubs  
  • IIJA: the make or break for US steel consumption 
  • and more