Structural Steel Fabrication Market Set to Hit USD 217.6 billion by 2031, Rising at a CAGR of 4.3 % | Analysis by Transparency Market Research, Inc. [Yahoo! Finance]
Otter Tail Corporation (OTTR)
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Source: Yahoo! Finance
Apart from this, primary steel has also acquired popularity in the past few years, causing the steel market to grow. Consequently, the Structural Steel Fabrication market is experiencing growth due to the said market driver. Wilmington, Delaware, United States, March 08, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The forecasted CAGR of the global structural steel fabrication market is 4.3%, which could be considered a sluggish to moderate advancement of the said market. The previous market valuation of the industry at the end of 2022 was US$ 149.3 billion . This market valuation is estimated to reach US$ 217.6 billion by 2031. Although various market forces govern this growth, they do not create a formidable market drive, creating sensational industry growth. Investments made by the key players in the market are helping the industry to evolve. Various allied industries, including the fabrication industry, also require steel. These investments support the steel an
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