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Iron is commonly found in oxide form in its ores and majority of it goes into steel production. Globally, development of efficient and advance technology, rising demand from the recovering construction activities, flourishing automotive industry, and advantageous properties of iron & steel are the prime growth drivers of global iron & steel market. In addition, increase in adoption of iron & steel for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global iron & steel market. However, volatile prices and availability of raw materials, availability of substitute compounds, and higher depleting iron ore mines and degrading ore quality are the key restraints for global iron & steel market. Request Sample Geographically Asia Pacific dominated global iron & steel market, followed by North America. China is the largest consumer of steel worldwide. Asia Pacific is projected to have fas...