We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 


Steel: 5 things to look for in 2020

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

15 January 2020

Steel: 5 things to look for in 2020

Report summary

Chinese steel demand will finally peak in 2020. But with China responsible for half of the worlds steel demand, any divergence from this view will impact our global forecast. The biggest risk to our view remains Chinese demand upside – will the central government use steel-intensive construction stimulus to meet GDP targets? Aside from Chinese demand, there is plenty more happening in global steel markets so what should you watch for in 2020? In this insight we highlight five potential sources of surprise: • What risks do the European Green Deal and USMCA pose to steel? • Capacity; European exits, Chinese changes and Asian additions • A year of corporate activity set to make or break steel production • Surely steelmaking costs must fall this year? The reasons against that view are stacking up… • India’s big plans – can they pull it off in 2020?

Table of contents

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Steel: 5 things to look for in 2020

    PDF 743.66 KB