Stainless Steel Welded Pipe Market to Reach USD 8.9 Billion by 2033, Driven by Strong Demand in Construction and Automotive Sectors | Future Market Insights, Inc. [Yahoo! Finance]
Arcelor Mittal NY Registry Shares NEW (MT)
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am
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Source: Yahoo! Finance
increasing due to its durability, corrosion resistance, and aesthetic appeal. Stainless steel welded pipes are used in various construction applications including structural elements, railings, facades, and roofing. NEWARK, Del, Nov. 11, 2024 (GLOBE NEWSWIRE) -- The global stainless steel welded pipe market , valued at approximately USD 2.8 billion in 2022, is projected to reach USD 8.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2033. The exceptional properties of stainless steel, including high ductility, temperature resistance, and corrosion resistance, are driving this growth as demand continues to rise in sectors such as construction and automotive. Stainless steel welded pipes also see substantial application in petrochemical and fertilizer industries, oil and gas, and water distribution systems. Key Takeaways Strong Market Growth: The stainless steel welded pipe market is set to grow from USD 2.8 billion in 2022 to USD 8.9 billion
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News
- ArcelorMittal provides update on its European decarbonization plansGlobeNewswire
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- ArcelorMittal S.A. (NYSE: MT) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $32.90 price target on the stock, up previously from $30.00.MarketBeat
MT
Earnings
- 11/7/24 - Beat
MT
Sec Filings
- 11/27/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/7/24 - Form 6-K
- MT's page on the SEC website