Right Price. The global electric iron market size reached approximately USD 1.35 billion in 2023. The market is further projected to grow at a CAGR of 7.4% between 2024 and 2032, reaching a value of USD 2.38 billion by 2032.
The Asia-Pacific region has seen significant growth in the iron phosphate market, with countries such as China and India accounting for significant consumption of iron phospahte. China is the second-largest market for pharmaceuticals, globally. The market for pharmaceuticals is emerging rapidly, owing to the growing middle-class and aging ...
However, several signs of market slowdown began to appear in early 2022. As a result, steel demand outlooks have been revised downward: in April 2022, the World Steel Association's short-range outlook was less optimistic than the one from late 2021, and its October 2022 demand forecasts for 2022 and 2023 saw downward revisions of 2.7 …
Marketing is the international language of business. Our recent report forecasts that the Iron Ore Market size is projected to reach approximately USD XX.X billion by 2031, up from USD XX.X ...
The global iron ore market size was valued at USD 279.35 billion in 2023 and is projected to grow from USD 290.25 billion in 2024 to USD 397.98 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period. Iron ore is a natural mineral substance typically mined from the Earth's crust, containing iron in the form of iron oxides ...
Mining Technology keeps track of the global iron ore market by observing iron ore price trends and analysing country-wise iron ore production, consumption, and export and import data. The performance of major iron ore producers and mining projects around the world is also monitored. Global iron ore production is recovering after a 3% decline in ...
The report provides insights into the landscape of the iron powder industry at the global level. The report also provides a segment-wise and region-wise breakup of the global iron powder industry. Additionally, it also provides the price analysis of feedstocks used in the manufacturing of iron powder, along with the industry profit margins.
Report Overview. The global iron and steel market size was valued at USD 1,676.24 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. Rising investment in residential construction is expected to …
This report explores the technologies and strategies necessary for the iron and steel sector to pursue a pathway compatible with the IEA's broader vision of a more sustainable energy sector. Considering both the …
The global iron ore pellet market size reached US$ 62,466.3 million in 2022. Over the forecast period, global iron ore pellet demand is anticipated to rise at a 7.9% CAGR. Total market value is predicted to increase from US$ 66,503.9 million in 2023 to US$ 141,988.8 million in 2033. Attributes. Key Insights.
Total CO 2 emissions from the iron and steel sector have risen over the past decade, largely owing to increases in steel demand. Substantial cuts in CO 2 emissions are essential to get on track with the NZE Scenario, …
Global iron ore production is expected to grow marginally at a compound annual growth rate (CAGR) of 1.9% over the forecast period to reach 3,002.8Mt in 2030. The report contains an overview of ...
The global iron ore mining market is expected to grow from $166. 94 billion in 2021 to $188.69 billion in 2022 at a compound annual growth rate (CAGR) of 13.0%. The iron ore mining market is ...
The global iron ore market will grow from $405.1 billion in 2022 to $447 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global ...
The Global Soldering Iron Market was valued at USD 35,655.7 Million in 2022 and is expected to reach USD 45,535.6 Million in 2031, expanding at a CAGR of 2.8% during the forecast period. A soldering iron is a handheld tool used to heat solder, a metal alloy composed of tin and lead, in order to join two metal surfaces together.
4. The steel industry is at a crossroads, and the warning signs should not be ignored. Amid many competing sources of change and uncertainty, adopting the right strategy in the years to come—and …
Top Market Reports. Iron & Steel Market by Type (Iron and Steel), Production Technology (Basic Oxygen Furnace, Electric Arc Furnace, Open Hearth and Others), End-use Industry (Construction & …
Washington, D.C. – The American Iron and Steel Institute (AISI) today announced the release of its 2020 Annual Statistical Report (ASR), which provides …
Expert industry market research on the Iron Ore Mining in Canada (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
DUBLIN, Nov. 18, 2021 /PRNewswire/ -- The "Africa Iron & Steel Market Outlook 2029" report has been added to ResearchAndMarkets's offering. The market is estimated to garner a revenue of close ...
Industry Data. This Week's Raw Steel Production. In the week ending on March 23, 2024, domestic raw steel production was 1,703,000 net tons while the …
Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023 (in billion U.S. dollars) Premium Statistic Global iron ore mining selected figures 2021-2023
Price - Chart - Historical Data - News. Prices for iron ore cargoes with a 62% iron ore content rebounded to $104 per tonne after touching a 16-month low of $100 on April 4th, as markets increased their bets of higher demand from Chinese steel producers. Industry groups noted that the large volumes of stimulus from Beijing supported margins for ...
India Sponge Iron Market Synopsis. The India sponge iron market size was valued at US$ 17 Billion and is expected to witness double-digit growth over the next five years on account of rising investments made into infrastructure projects along with rapid industrialization across numerous sectors including steel manufacturing plants and power generation units.
Report Overview. The global electric iron market size was valued at USD 1.0 billion in 2018 and anticipated to expand at a CAGR of 8.3% over the forecast period. Increasing demand among the millennials to look well-dressed is expected to promote the utility of these products. Furthermore, a well-ironed set of clothes has become the symbol of an ...
Iron and Steel Market: Global Industry Analysis and Forecast (2024-2030)Trends, Statistics, Dynamics,Segmentation by Type,Production Technology,End-User,and Region. Global Iron and Steel Market size was valued at USD 1689.64 Bn. in 2023 and the total Iron And Steel revenue is expected to grow by 4.1 % from 2024 to 2030, reaching nearly …
The global iron and steel market size was valued at USD 1,599.4 billion in 2022 and is projected to reach USD 1,928.6 billion by 2027, growing at 3.8% cagr from 2022 to 2027. The market is growing …
Expert industry market research on the Iron & Steel Manufacturing in the UK (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
The report provides a strategic analysis of the Iron and Steel market in Nigeria and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market. You will receive the report within five working days after order confirmation.
Production of metallic minerals in the country increased from US$ 6.96 billion in FY18 to US$ 12.88 billion in FY23P. In the same period, production of non-metallic minerals increased from US$ 1.16 billion in FY18 to US$ 1.48 billion in FY23P. In 2021-22, India's iron and steel export was valued at US$ 17.62 billion.
Given China's dominance of global seaborne iron ore demand, the impact on pricing is pronounced. The big hit occurs in 2022: our price forecast has been cut to $90/t CFR. Smaller downward adjustments have been applied for subsequent years with 62% Fe fines forecast to average $72/t CFR (in real terms) between 2023-25.