The steel industry faces both risks and opportunities in recovering demand. Risks include potential supply chain disruptions, fluctuating raw material prices, and evolving trade policies. 

However, there are opportunities for the steel industry to recover demand. As countries around the world embark on infrastructure projects to stimulate economic growth, there will be an increased demand for steel. Additionally, the shift towards sustainable and green technologies presents an opportunity for steel producers to innovate and cater to this growing market.

Furthermore, the increasing focus on reshoring and strengthening domestic manufacturing capabilities could drive demand for steel in various sectors. By adapting to these changing trends and investing in technology and sustainability, the steel industry can position itself for growth and success in the post-pandemic recovery period.