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Automotive Steel Market Size and Outlook: Projecting 6.80% CAGR Through 2029 [USD 125.79 Billion]

The Global Automotive Steel Market stood at USD 125.79 Billion in 2023 and is expected to reach USD 186.47 Billion with a CAGR of 6.80%.

The global automotive steel market has demonstrated remarkable growth, with its market size reaching USD 125.79 billion in 2023. Forecasts indicate continued expansion to USD 186.47 billion by 2029, driven by a compound annual growth rate (CAGR) of 6.80%. The rising demand for lightweight, high-strength materials, advancements in steel production technologies, and the growing emphasis on sustainability are […]