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The global steel industry is expected to grow to exceed 2.471 billion Dollars by 2032

The global iron and steel industry will continue to grow in the future. The market, which is estimated to be 1,569 billion dollars in 2022, is expected to expand with a 4.7% Compound Growth Rate in the 2023-2032 period and exceed 2,471 billion dollars in 2032.

The global steel industry is expected to grow to exceed 2.471 billion Dollars by 2032
It is predicted that the global iron and steel industry will continue to grow in the coming years. The market size, estimated at 1,569 billion Dollars in 2022, will continue to expand with a compound growth rate of 4.7% over the forecast period 2023-2032. This growth trend aims to exceed 2,471 billion Dollars by 2032.

Iron and steel is used in many fields from the construction industry to the automobile industry.

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