2025 Taiwan Industrial Outlook - Metal Material

In 2024, the global inflation situation will ease, the Federal Reserve will cut interest rates, but the global overcapacity pressure will intensify the massive dumping resulting from the massive dumping, coupled with the sluggish effect of monetary tightening and the still high geopolitical risks, resulting in relatively weak steel demand in various countries, and it will not recover slightly until the fourth quarter. As the global economy gradually recovers, the relatively unfavorable external negative impact is expected to reduce, so that global steel demand, which has experienced a three-year recession, is expected to rebound by 1.2% to 1.77 billion tons in 2025.