EMIS Insights’ Post

Ever wondered how global shifts in steel prices can affect your business? Here’s what Crisil’s latest report says about the 2025 steel market and how it impacts you! Steel enthusiasts and industry players, here's a quick lowdown on what Crisil's latest report reveals about the steel market in 2025! 1️⃣ Safeguard Duties = Price Surge If safeguard duties on steel imports are implemented by February, domestic steel prices in 2025 could rise by 4-6%, especially in the first half of the year. Why? To shield the domestic market from cheaper imports! 2️⃣ Domestic Prices: Tug of War Flat steel prices may soften due to new production capacities, but intense competition among mills could keep the prices from skyrocketing. Prediction: Prices will still be higher than the 2024 average. 3️⃣ Global Steel Price Trends In 2024, Hot-Rolled Coil (HRC) prices dropped by 9%, and Cold-Rolled Coil (CRC) prices fell by 7%. Meanwhile, China’s HRC export prices saw a steep 12% decline, trading below domestic mill prices. 4️⃣ Falling Coking Coal Prices Premium low-volatile coking coal prices dropped 12% in 2024, helping domestic mills ease margin pressures. However, iron ore prices rose 9-10%, adding a bit of cost stress. 5️⃣ Demand Dynamics: India Shines Bright Domestic steel demand in India is expected to grow 8-9% in 2025, outpacing global trends. The secret? Steel-intensive housing, infrastructure, engineering, and packaging projects are driving this demand! 💡 Fun Insight: While global steel demand dipped by 1% in 2024, India is emerging as the steel 🦸 superhero, with construction projects leading the way! Final Thought: "From safeguard duties to demand surges, the steel industry in 2025 is on a transformative journey. As challenges meet opportunities, the big question is: Are we ready to embrace the heat? 🔥" How are you preparing for the 2025 steel wave? Let me know your thoughts below! ⬇️

Addition of capacity in steel sector has been commendable. But what is important at this juncture is to see not our ascendancy in pecking order in steel makers in the world but special alloy steels that we require for various applications and green steel in upcoming facilities is taken up in right earnest. This is important as we have to prepare ourselves to export steel to EU as CBAM shall restrict it unless green steel production is taken up. Upcoming port based integrated stee lplants of Arcelor Mittal and JSW are steps in the right direction.

India to lead global steel demand in 2025 According to CRISIL's latest report, India's steel demand is expected to grow by 8-9% in 2025. This growth will be driven by increased steel-intensive construction activities in the housing and infrastructure sectors, as well as strong demand from industries such as engineering and packaging. Global steel demand is expected to increase slightly by 0.5-1.5% in 2025, but the impact will vary across regions. Global demand fell by around 1% in 2024. China saw a 3.5% contraction due to lower demand in the real estate sector, while steel demand in Europe, Japan and the US fell by 2-3%. However, emerging economies such as India and Brazil offset the decline in global steel demand, with India’s demand increasing by 11% and Brazil’s by 5.6%. https://lnkd.in/gyd6SntJ

India’s steel sector is poised for significant growth. A recent report by Nomura estimates the sector will add more than 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, reducing dependence on imports for volume growth. As India gears up for #METEC 2024, the shine of its steel and metal sector will only get brighter. At John Cockerill, we are committed to partnering with Indian and Global steelmakers to augment their capacity without compromising on sustainability goals. Additionally, we are equipping them with technology to produce steel for the future, including steel for EVs, electric goods, and specialized solutions. Meeting the needs of our time is the raison d’être of the John Cockerill Group. As India’s steel sector evolves and scales up, we are ready to deliver technologies born of our spirit of innovation. Our unique and futuristic steel solutions will supplement the nation’s goal of pursuing growth with sustainability at the core. #IndiaSteelGrowth #SteelForTheFuture #SteelTechnology #JohnCockerillInnovation Francois Michel Francois-David MARTINO Frederic Martin Michel BOYER Michael Kotas, F.IOD Roma Balwani Rtn. Anupama Vaidya, F.IOD Anjali Gupte Nandkumar Dhekne Praveen Kadle Caroline Crèvecoeur Dengis Michel Vanhaesbroucke Frédéric Lemaître

India will witness more demand for steel in comparison to other major steel consuming economies in the calendar year 2025, with a growth of 8-9 per cent, stated a report by CRISIL. Read More: https://www.fexp.in/HJzvW4

Worldsteel“ Steel demand in developing countries expected to increase by 4.2% in 2025” Commenting on the outlook, Dr. Martin Theuringer, Director General of the German Steel Association and Chairman of the worldsteel Economic Committee, stated: “2024 was a challenging year for global steel demand as the global manufacturing sector continued to grapple with persistent headwinds such as decreasing household purchasing power, aggressive monetary tightening and growing geopolitical uncertainties. Continued weakness in housing construction, driven by tight financing conditions and high costs, further contributed to the slowdown in demand for steel. We are making significant downward revisions to our 2024 steel demand outlook for most major economies, including China, reflecting continued weakness in manufacturing as well as continued global economic headwinds. We now forecast a significant decrease in steel demand in China and most major advanced economies in 2024. In contrast, India is expected to continue its strong momentum, with strong growth in steel demand projected for both 2024 and 2025. Most other major emerging economies are expected to witness a rebound in steel demand in 2024, recovering from the slowdown in 2022-2023. Click for more ➡️ https://lnkd.in/eVp5eeyu #steel TR ➡️ https://lnkd.in/enG-QedF #çelik

India Ratings and Research (Ind-Ra) forecasts a 9-12% growth in steel demand for FY25, supported by steady growth in the automobile and infrastructure sectors. Raw material and finished goods prices are expected to remain stable due to moderate global demand recovery. Domestic players will likely see stable credit metrics, higher #profitability, and improved operating cash flows. Global #steel demand will be steady, with moderation in #China and the #EU, but growth in emerging economies like India. Click below to read in detail 👇 #SteelDemand #InfrastructureGrowth #AutomobileSector #IndiaEconomy #GlobalSteelMarket #IndRa #SteelIndustry #EconomicForecast #MarketTrends #EmergingEconomies #BusinessNews #IndustryUpdate

𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐬𝐭𝐞𝐞𝐥 𝐝𝐞𝐦𝐚𝐧𝐝 𝐭𝐨 𝐨𝐮𝐭𝐩𝐚𝐜𝐞 𝐨𝐭𝐡𝐞𝐫 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝟖-𝟗% 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝟐𝟎𝟐𝟓; 𝐬𝐚𝐟𝐞𝐠𝐮𝐚𝐫𝐝 𝐝𝐮𝐭𝐲 𝐦𝐚𝐲 𝐡𝐞𝐥𝐩 𝐬𝐭𝐞𝐞𝐥 𝐩𝐫𝐢𝐜𝐞 𝐡𝐢𝐤𝐞 #India will witness more demand for #steel in comparison to other major steel consuming economies in the calendar year 2025, with a growth of 8-9 per cent, stated a report by #CRISIL. The #growth, it added, will be driven by a shift towards steel-intensive construction in the housing and infrastructure sectors along with better demand from engineering, packaging and other segments. Click below to read more. CRISIL Limited #SteelDemand #IndiaSteel #EconomicGrowth  #SteelIndustry #IndustrialGrowth

📢 Last chance to join us for the India Steel Markets Webinar! 🗓 Date: Wednesday, 22nd January 2025 ⏰ Time: 3:00 PM IST (GMT+5:30) 💻 Where: Online India’s steel industry has been a cornerstone of global growth, driving momentum in a time when many other major markets are facing slower progress. With ambitious targets, a shift to net importer status in FY24, and ongoing market transformations, there’s much to discuss about the future of India’s steel sector. What to Expect: 🌟 Insights from industry experts on production, consumption, and trade trends 🌟 The 2025 outlook: key drivers shaping the steel market 🌟 A deep dive into raw material challenges and their impact on sustainability India is setting its sights on producing 300mt/y by 2030, but how will it get there? What role will pricing, demand, and global trade play? Find out during this FREE webinar! https://lnkd.in/eH-uYgQd Pankaj Satija, Tata Steel Prabodha Acharya, JSW Steel SUSHIL KUMAR PRADHAN, Jindal Steel & Power Ltd. Aditi Tiwari, Kallanish Commodities Suhita Poddar, Kallanish Commodities