9,612.84 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

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.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

German companies are accelerating layoffs

Friday, March 28, 2025

Uzbekistan and Russia to discuss industrial cooperation development at Innoprom-2025

Friday, March 28, 2025

ArcelorMittal to acquire steel pipe producer Tuper

Saturday, March 29, 2025

Türkiye stands out with full capacity utilization in EU quotas

Thursday, March 27, 2025

The Far East and the Arctic will participate in the construction of an ice-class fleet

Friday, March 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now