The iron and steel industry serves as the building block of modern infrastructure, shaping skylines, manufacturing, and transportation networks with its enduring strength and versatility. The growth prospects for the iron and steel industry remain promising, driven by increasing urbanization, infrastructure development, and demand for durable materials in construction and manufacturing sectors.
Market size: $ 182 Bn
GDP Contribution: 2.3%
– Rising demand from automobile and infrastructure
– Technological advancements