Commodity Market Report

Global steel long-term outlook Q2 2016

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24 June 2016

Global steel long-term outlook Q2 2016

Report summary

Through the second quarter of the year we have not seen a tangible improvement in steel market conditions. In fact, for emerging markets the outlook has deteriorated further and we have revised down our forecasts for China, India, Brazil and Russia. Globally, the adjustment has shaved 28Mt off our demand and 31Mt off our production forecast by 2035 and the four above mentioned markets accounted for 87% of the total downward revision.

Table of contents

    • Interim forecast update: June 2016
      • The key changes since our last long term report published in March 2016 are as follows:

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What's included

This report contains:

  • Document

    SMS LT Q2 2016(V2.4).xls

    XLS 2.29 MB

  • Document

    Global steel long-term outlook Q2 2016.pdf

    PDF 1.69 MB

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