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DNV GL EH32 shipbuilding steel sheet and so on steel demand forecast in 2020

The World Steel Association released the results of short-term DNV GL EH32 shipbuilding steel sheet and so on steel demand forecasts for 2020 and 2021. It is predicted that in 2020, due to the impact of the 2019 new coronavirus pneumonia epidemic, global DNV GL EH32 shipbuilding steel sheet and so on steel demand will shrink by 6.4% to 1.654 billion tons. In 2021, global steel demand is expected to return to 1.717 billion tons, an increase of 3.8% from 2020.

China's recovery is expected to lead the rest of the world, which will ease the decline in global DNV GL EH32 shipbuilding steel sheet and so on steel demand this year. It is inferred that the closure of cities in most countries will continue to ease during June and July, social restrictions will continue to be implemented, and most steel-producing countries will not be affected by the second wave of pandemics.