The global flat steel market size was valued at USD 504.46 billion in 2021. The market is expected to grow from USD 526.89 billion in 2022 to USD 783.71 billion by 2029, exhibiting a CAGR of 5.8% during the forecast period. Rising demand for flat steel from numerous industries may enhance this industry’s progress. Fortune Business Insights™ mentions this information in its report titled “Flat Steel Market, 2022-2029.”

Information Source - https://www.fortunebusinessinsights.com/flat-steel-market-102911

Segments

HRC Segment to Lead the Market Owing to Rising Equipment and Machinery Applications

By type, the market is segmented into Hot Rolled Coil (HRC), Cold Rolled Coil (CRC), sheets, and others. The HRC segment is anticipated to lead due to its rising applications in equipment and machinery.