Why the 4.8% CAGR in Mild Steel Hollow Sections is Redefining Structural Engineering

Global Mild Steel Hollow Sections Market demonstrated robust growth in 2023, valued at USD 25.6 billion, and is projected to expand at a CAGR of 4.8% through 2030. This upward trajectory is primarily driven by accelerating infrastructure development worldwide, stringent construction safety regulations, and the material's cost efficiency compared to alternatives like stainless steel or aluminum.
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