"The global steel industry faces significant headwinds in 2025-2026, with short-term risks dominated by trade tensions and economic uncertainties... Market conditions will increasingly favour efficient and vertically integrated producers capable of managing volatility." – DBX White Paper, May 2025
The global steel landscape is undergoing a profound transformation. While China expects declining production amid restructuring and efficiency initiatives, India continues robust expansion driven by infrastructure development and urbanisation.
This complex picture presents both challenges and opportunities for market participants throughout the steel value chain. But what does this mean for your strategic positioning in 2025?
Despite record demand of approximately 400Mt in 2024, the metallurgical coal market remains oversupplied with elevated inventory levels. Our analysis reveals that 12% of global supply is currently unprofitable, creating potential for future supply-side adjustments.
With trade barriers rising globally (over 1,800 steel-related barriers enacted as of April 2025), regional price gaps are widening. Our white paper maps these evolving trade flows and identifies where opportunities may emerge from market distortions.
China's steel policy reflects a nuanced approach that balances environmental goals with economic stability. Rather than mandating production cuts that could destabilize the industry, authorities are pursuing gradual reforms through consolidation and technology transition. Our exclusive analysis projects a modest 1.5-2% decline in Chinese production for 2025.
While India's crude steel production grew an impressive 6% year-on-year in 2024, recent data shows steel imports surging by 22% in H2 2024, pressuring domestic producers. How will policy interventions shape this dynamic market in 2025?
Our comprehensive white paper delivers data-driven insights including:
"DBX's analysis provided invaluable context for our strategic planning. Their insights into regional policy developments and trade dynamics helped us anticipate market shifts before they materialized." – Global Procurement Director, Major Automotive Manufacturer
"The depth of research in their metallurgical coal outlook directly informed our investment decisions. The clarity on long-term structural trends versus short-term market noise was particularly valuable." – Chief Strategy Officer, Mining Company
Don't navigate the volatile steel market without the most comprehensive market intelligence available. Our "Global Steel Markets: Key Trends and Outlook 2025" white paper provides the strategic insights needed to position your business effectively in this complex environment.
