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My last Viewpoint at the end of February provided some thoughts on the outlook for Asian paper and board markets in 2025, and it highlighted three areas of concern that could hold back growth: the trade war, China’s sluggish economy and inflation. Fast forward four months and a lot has happened, especially related to the trade war. In this Viewpoint, I provide my latest thoughts on developments in these three areas and then drill down specifically on the containerboard market and look at what has happened and where things are going.
The decarbonization of the steel industry has been widely discussed in Europe over the past few years. But much of the focus has been on blast furnace–basic oxygen furnace (BF-BOF) based mills, given their higher carbon intensity.
Leading European steelmaker ArcelorMittal has scrapped a planned EAF-DRI project in Germany due to the poor economic environment and a “lack of economic viability,” the company said on June 19.
The loss of information inputs from North and South America because of national holidays took some of the direction out of the market on Thursday June 19, but there remained ample scope for activity in most other regions.
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