Governments around the world are implementing measures to limit the health impacts and loss of life resulting from the COVID-19 pandemic. Many of these measures have an economic consequence, with the world facing an economic contraction last seen in the 1920’s.

The steel industry, along with every other sector of the economy, is affected by the health emergency and the constantly changing landscape.

This lecture presents the current state of the global steel industry, using the best available data compiled by worldsteel. While economic volatility precludes a traditional short-term forecast, the lecture will present a range of scenarios and identify evolving trends that may impact the future use of steel.