The steel industry is facing significant challenges, with a steeper-than-expected downward trend that has weakened the recovery forecasted for 2024 and 2025. This downturn is largely driven by poor demand conditions exacerbated by high energy prices, persistent inflation, economic uncertainty, and geopolitical tensions.

The most consumed raw material in the world is sand and gravel. These materials are essential components for the construction industry, used in the production of concrete, roads, and buildings