PUT YOUR SKILLS TO THE TEST - Paticipate in unique and spectacular challenges. LIVE UNFORGETTABLE MOMENTS WITH OTHERS -Ride solo or drop in next to other players to share thrilling rides. Create your own path through a massive open world. RIDE YOUR WAY -Conquer the world’s most epic mountains on skis, wingsuits, snowboards, and paragliders.
Tame the wilderness on the American continent in the Alaska free update, a new region filled with challenges. Ride a massive open world across the Alps, where the powder is always fresh and the run never ends. Although this game is playable on PS5, some features available on PS4 may be absent. The varying forecasts and outlooks all point to the volatility of the steel industry and global economy as a whole.To play this game on PS5, your system may need to be updated to the latest system software. WalletInvestor, an algorithm-based forecast tool, predicts that steel prices will increase 31% over the next year. The revised forecast anticipates a 1% increase in demand and a cautious outlook as the global economy remains volatile due to inflation, war, and COVID-19.Īnother industry source, S&P Global, is predicting the current low prices to extend into 2023, but is hesitant to project any long-term decreases.
The World Steel Association, one of the leading industry authorities, shared its most recent Short Range Outlook in October. But questions remain whether the relaxed restrictions will be maintained as well as uncertainty around China’s housing market, a leading source of demand. The country’s relaxed COVID-19 restrictions have contributed to optimism in the industry that steel demand and prices could see a substantial increase in 2023.
As the world’s leading steel producer and consumer, China and its market have an outsized impact on steel prices around the world.
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