Ingot Price Today - CostMasters

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• Steel Ingot Prices- 2024

COSTMASTERS
An Uptrend in 2024 up to 7.29
A Major Downfall in 2023 up to 12.91
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Steel Ingot Uses and Market insights
Steel Ingot Market Insights
Major Players In Steel Ingot
Steel Ingot Market size was valued at USD 1.17
Trillion in 2023 and is expected to reach USD
1.42 Trillion by the end of 2030 with a CAGR of
4.2 During the Forecast Period 2024-2030.
The leading Players in the market are Arcelor
Mittal, China Baowu Group, HBIS Group, NSSMC
Group, POSCO, Shagang Group, Ansteel Group, JFE
Steel Corporation, Shougang Group, Tata Steel
Group, Shandong Steel Group, Nucor Corporation,
Hyundai Steel Company, Maanshan Steel,
thyssenkrupp, NLMK, Jianlong Group, Gerdau, China
Steel Corporation, Valin Group, JSW Steel
Limited, Benxi Steel
COSTMASTERS
Steel Ingot Usage Area
steel ingot is created by solidifying molten
steel into a rectangular or cylindrical shape and
in a variety of such as infrastructure, energy,
automotive, manufacturing, and construction, the
market for steel ingots is an essential part of
the larger steel industry
Reason of Price Drop In 2023
Analysts at Jefferies India Pvt. Ltd. in their
recent report said that 2023 was a tough year
for metals due to the combination of Fed rate
hikes, a strong dollar, an underwhelming China
reopening, weak demand in Europe, and cost
inflation
Regions Covered That Having A Potential Scope For
Steel Ingot Market
On the basis of Geography, The Steel Ingot Market
is classified into North America, Europe, Asia
Pacific, and the Rest of the world.
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Track Steel Ingot Price Today
Track the latest steel ingot price today at
CostMasters, your trusted source for real-time
market updates in India. Which provides
comprehensive insights into daily fluctuations,
helping businesses and investors stay informed on
current rates. The platform ensures accuracy by
analyzing market trends, regional influences, and
industry demands. Visit the website for the most
up-to-date pricing and detailed analysis to make
informed decisions in the steel market.
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