The World Steel Association (worldsteel) released its Short Range Outlook in April 2026, forecasting that global steel demand will grow 0.3% in 2026 to about 1,724 million tonnes, then accelerate to 2.2% in 2027. The recovery is led by infrastructure-driven construction and stronger developing markets — a steadier, not overheated, backdrop for buyers.
Forecast steel demand growth (worldsteel, April 2026)
| Market | 2026 demand growth |
|---|---|
| Global | +0.3% (~1,724 Mt); +2.2% in 2027 |
| United States | +1.7% — public infrastructure + housing recovery |
| EU & UK | +1.3% — infrastructure + defence spending |
| India | +7.4% — fastest-growing major market |
What it means for hardware buyers
In practice, reinforcement steel, tie wire, welded mesh and fencing demand should stay firm through 2026 without the sharp price swings of recent years. For importers, that makes it a good window to lock specifications and container schedules early rather than chase spot availability.
Leeter supplies the reinforcement accessories that move with this construction demand — rebar tie wire, welded wire mesh, rebar chairs and anchors. Send your specification and target market and our export team will plan pricing and loading around your project timeline.
