25-Oct-2023
Stainless Steel Market on the Rise: Projected to Reach $234 Billion by 2033!
The global stainless-steel market is predicted to attain a value of $234 billion by 2033, driven by the increasing demand from various sectors such as construction, automotive, and transportation. The market also benefits from technological advancements that reduce costs and enhance the efficiency of steel production. Furthermore, the global steel output is expected to rise from 1.76 billion tons in 2020 to 1.84 billion tons in 2021.
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