Alloy Steel Market Size and Forecast to 2032
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The global alloy steel market is on a robust growth trajectory, driven by rising demand across key industries such as construction, automotive, energy, and infrastructure. According to a recent market analysis by Dataintelo, the alloy steel market was valued at USD 142.8 billion in 2023 and is projected to reach USD 218.4 billion by 2032, growing at a CAGR of 4.8% during the forecast period (2024–2032).