World Steel Association forecasts flat global demand in 2026, rebound in 2027
The World Steel Association has published its Short Range Outlook for steel demand in 2026 and 2027, forecasting global demand will stay essentially flat next year at 1,722 Mt. The group said demand is then expected to return to growth in 2027, rising 1.7% to 1,752 Mt. Alfonso Hidalgo de Calcerrada, chair of the worldsteel Economics Committee, said the outlook set out in April still holds, but the recovery is proving slower and more gradual than expected. He said global demand is now forecast to be flat in 2026 rather than grow modestly, and to rise 1.7% in 2027 instead... [Continue Reading]
Breaking-360LiveNews | 13 Oct 2026 02:30 LONDON
Sponsored
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance
As I sat in a recent debate at the historic Carlton Club in London, listening to Faisal Abbas, the Editor-in-Chief of Arab News, I felt a tangible shift in the room, not because a new fact had been revealed, but because an old illusion had finally lost its last breath. The old-world order has not merely changed, it has evaporated, leaving the Gulf to realize it is no longer watching a distant fire from the safety of marble towers and air-conditioned ministries, but is instead standing directly inside the smoke. The GCC today is caught in a lethal crossfire between... [Continue Reading]
360LiveNews-Opinion | 29 Apr 2026 21:40 LONDON
