NEWS

The global steel market is entering a recovery phase in 2026, with the World Steel Association projecting modest demand growth of 0.3% to 1.3%, following several years of contraction. China’s galvanized coil exports have demonstrated notable resilience, with cumulative exports reaching 2.09 million tons in January-February 2026, nearly flat year-on-year despite mounting trade barriers and geopolitical headwinds. Southeast Asia and the Middle East remain key growth corridors, while infrastructure and home appliance sectors continue to drive demand for high-quality galvanized steel. This article examines the key trends shaping the galvanized coil market and what they mean for industry participants.