KYIV, Sept 30 - Significant positive changes in the steel market and a revival of consumption of metal products are expected in 2025, predicts the CEO of the mining and metallurgical group Metinvest, Yuriy Ryzhenkov, at the Siderweb 2024 forum in Vicenza (Italy).

Ryzhenkov noted the peak of the cyclical steel market by its nature occurred at the end of 2021-beginning of 2022. Then the market began to decline due to the outbreak of the full-scale war in Ukraine, the aggravation of the energy crisis, disruptions in supply chains and economic uncertainty around the world.