Forecasts pointing to rising global demand for steel and stainless steel in 2026 may prove accurate. In the stainless steel sector, several regions could even face supply shortages. Association warns: CBAM acting as a penalty tariff, import costs could rise by up to 50%.Forecasts suggesting that global steel demand will increase by around 1.3% in 2026 appear to be materializing. A key driver behind this development is the rapidly growing demand in India. China: Stronger Domestic Demand, Declining Exports Recent figures from China also point to a positive outlook. Domestic demand increased noticeably in January and ... (full story)