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Steel Scrap Market Global Demand Is Thriving: Insights by Fact MR
​ The global steel scrap market is valued at 655 Million Metric Tons in 2023 and is forecasted to jump to 1,050 Million Metric Tons by 2033, rising at a steady CAGR of 4.9% from 2023 to 2033 (forecast period). This expansion is largely driven by the escalating demand for recycled materials in steel production, particularly in rapidly industrializing nations such as China, India, and...
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