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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