Direct Reduced Iron Market to Expand to USD 60 Billion by 2034,...

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2024-06-12 06:22:43 - Translate -

Direct Reduced Iron Market to Expand to USD 60 Billion by 2034, 7.6% CAGR Predicted

The direct reduced iron market value is expected to rise from USD 28,195.90 million in 2024 to USD 60,013.60 million by 2034. This market is analyzed to surge ahead at a CAGR of 7.60% over the next decade. Significant changes in the steel industry are pushing forward the demand for direct reduced iron. Presently, the steel industry is going through a pivotal shift toward lower-carbon...

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