The global sales of carbon steel stood at USD 1,050.8 billion in 2023. The industry is projected to exhibit a y-o-y growth of 3.6% in 2024 and reach USD 1,088.4 billion in the same year and surge at a CAGR of 4% between 2024 and 2034. The demand is estimated to reach USD 1,622.8 billion by 2034.
Comments