Bulk steel alloys: 5 things to look for in 2023
Predictions for the year ahead
1 minute read
In this year’s report:
In 2022, bulk steel alloy markets were characterised by diverging trends in China and the west. While western markets were most prominently shaped by the impact of Russia’s was with Ukraine, this had much less of a direct impact in China as the country's "zero-covid" policy proved to be a much more decisive driver.
We expect these themes to remain relevant in 2023. However, alongside this, bulk steel alloy markets will face a new set of opportunities, challenges and risks.
Drawing on insight from the Bulk Steel Alloys Research Suite, our analysts lay out their predictions for the top themes to watch in 2023.
This includes:
- European bulk alloy demand at risk amid economic headwinds and an energy crisis
- Carbon-border adjustment mechanism (CBAM) – Impact to trade and competitiveness for emissions-heavy supply
- Manganese shifts to centre stage in electric vehicle revolution
- And more.