Flat Steel Market Size, Analysis Competitive Landscape, And
Segment Forecasts, 2014-2025
“The global flat steel market is expected to reach USD 1,015.7 billion by 2025,
growing at a CAGR of 3.6%, according to a new report by Research, Inc. The
rapid industrialization, increase in infrastructural investment and growing
global population has been a major factor driving the global market
The global Flat Steel Market is expected to reach USD 1,015.7 billion by 2025, growing at a CAGR of 3.6%,
according to a new report by Research, Inc. The rapid industrialization, increase in infrastructural investment
and growing global population has been a major factor driving the global market.
Building & infrastructure application segment has been witnessing significant growth in the flat steel market.
Steel is one of the vital requirements during construction on account of durability, low maintenance, long life
period, high strength, and reusability. This is likely to have a positive impact on the demand for the flat
products in this sector.
Volatile price of raw material is expected to be the major market restraint over the forecast period. Instability
of raw material prices is anticipated to keep the whole sector under pressure in future.
Companies have been trying to improve competitiveness by optimizing existing processes and developing new
processes to reduce environmental impact, improve quality, and reduce cost. Companies including
ArcelorMittal have been trying to develop products which can provide steel solution to engine powertrains
and low-cost cars.
Browse Detail Report With TOC @ https://www.hexareports.com/report/flat-steel-market
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