Electric Arc Furnace for Steelmaking Market to Reach USD 1.27...

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2026-05-29 10:19:17 -

Electric Arc Furnace for Steelmaking Market to Reach USD 1.27 Billion by 2032 Amid Rising Demand for Sustainable Steel Production

According to a report by Intel Market Research, the global electric arc furnace for steelmaking market was valued at USD 670 million in 2024 and is projected to grow from USD 750 million in 2025 to USD 1,269 million by 2032, exhibiting a CAGR of 11.0% during the forecast period. The market is witnessing substantial growth due to increasing global demand for sustainable steel production methods,...

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