Iron Castings Market to Grow by USD 50.34 Billion (2024-2028), Driven by Automotive Segment Growth, with AI Impacting Market Trends - Technavio [Yahoo! Finance]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
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Source: Yahoo! Finance
The iron castings market is analyzed across regions such as APAC, Europe, North America, South America, and Middle East and Africa, with APAC contributing 68% to the market. (Source: Technavio) The growth in the automobile segment is driving the market growth, with a trend towards modernization of the foundry industry. (Source: Technavio) Increasing competition from aluminum casting poses a challenge to the iron castings market. Additionally, the market faces challenges such as casting defects, metallurgical properties, heat treatment, and machining processes. (Source: Technavio) The global iron castings market is estimated to grow by USD 50.34 billion from 2024-2028, at a Compound Annual Growth Rate (CAGR) of 5.98% during the forecast period. (Source: Technavio) NEW YORK Nov. 18, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global iron castings market size is estimated to grow by USD 50.34 billion from 2024-2028, according to Technavio. The mark
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- POSCO Holdings Inc. (NYSE: PKX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- POSCO Holdings Inc. (NYSE: PKX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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