Steel Market - Forecast (2021 - 2026)
The global steel market is expected to grow at a highest growth rate in the forecast period. The global consumer demand is growing with 2.8% over the period 2017. Construction and transportation sector are the major driving factors of steel market, as they consume two third of the global steel production. In the forecast period developing economies will generate the huge demand for the steel market, due to increase in construction and infrastructural development. Request Sample What is Steel? Steel is the commonly used metal alloy globally. It is an alloy of iron along with erratic amount of carbon content that vary from 0.03% to 1,075% of its structure, according to the grade. Iron and carbon compounds are available abundant in nature. Steel are been reused open-endedly without losing its qualities. Steel ca be available easily and with a wide range of varieties for various uses such as tools, automotive, aeronautics, medical equipment, buildings and public works, construction of mac...