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Steel fell to 3,158 CNY/T on July 31, 2025, down 2.17% from the previous day. Over the past month, Steel's price has risen 4.22%, and is up 5.27% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.
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United States Steel stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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China Steel stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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United States Steel reported $12.33B in Market Capitalization this June of 2025, considering the latest stock price and the number of outstanding shares.Data for United States Steel | X - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.
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Discover how the US Metal Index Live provides real-time data on metal market trends, aiding investors, traders, and analysts in sectors reliant on metals like manufacturing and energy. Track price fluctuations driven by supply-demand changes, geopolitical factors, and more, with enhanced access through modern financial platforms.
In the second quarter of financial year 2025, the cost of a 16 mm steel bar in the Indian cities of Chennai and Hyderabad reached ** Indian rupees per kilogram. However, in Delhi, the steel was slightly more affordable. Compared to the previous year, there was a noticeable increase in steel prices across all cities. The significant uptick in the cost of steel in India towards the end of 2020, was believed to be a result of China’s increased demand for Indian iron ore. Crude steel India’s crude steel production has been growing steadily, with the basic oxygen furnace (BOF) being the preferred production method. While both private and public sector companies contribute to this production, the private sector, dominates the market. JSW Steel, in particular, has the highest production capacity in India, contributing significantly to the country’s position as the world’s second-largest producer of steel. Steel consumption in India Steel consumption in India has been on a steady rise, with the country’s rapid industrialization and development in sectors such as construction, automobile, and infrastructure. This upward trend in steel consumption is estimated to persist, with an annual growth rate of **** percent in fiscal year 2024.
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Reliance Steel & Aluminum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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Graph and download economic data for Global price of Metal index (PMETAINDEXM) from Jan 1992 to Jun 2025 about World, metals, indexes, and price.
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Explore the factors affecting the live price of iron ore, essential for steel production, including market demand, global economic trends, and key industry players. Learn how to track real-time data through top financial news platforms and trading websites for informed decision-making.
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Steel Dynamics reported $20.05B in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for Steel Dynamics | STLD - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.
According to our latest research, the global digital steel-drum market size reached USD 412.7 million in 2024, reflecting robust growth driven by technological innovation and increased adoption across various music and educational sectors. The market is projected to expand at a CAGR of 8.2% from 2025 to 2033, reaching an estimated value of USD 808.6 million by 2033. This impressive growth trajectory is primarily fueled by the rising integration of digital instruments in music production, live performances, and educational settings, as well as the increasing accessibility of advanced electronic and hybrid steel drums worldwide.
One of the most significant growth factors for the digital steel-drum market is the ongoing technological advancements in electronic musical instruments. Modern digital steel drums offer a wide array of features, including MIDI compatibility, customizable sound libraries, and enhanced portability, making them highly attractive to both professional musicians and hobbyists. The ability to replicate authentic steel drum sounds with digital precision, combined with the flexibility to experiment with different genres and effects, has elevated the instrument’s relevance in contemporary music production. Furthermore, the adoption of digital steel drums in recording studios and live performance venues is increasing, as artists seek innovative solutions that blend traditional Caribbean sounds with modern technology.
Another key driver is the growing emphasis on music education and the integration of digital instruments into school curriculums and educational institutions. Digital steel drums are increasingly being used as teaching tools due to their versatility, ease of use, and ability to engage students in interactive learning experiences. Their programmable features allow educators to introduce students to a wide variety of musical styles and techniques, fostering creativity and musical literacy. Additionally, the affordability and durability of digital steel drums, compared to their acoustic counterparts, make them an appealing investment for schools and community music programs, further propelling market growth.
The expansion of online retail channels and global e-commerce platforms has also played a pivotal role in the market’s growth. As consumers become more comfortable purchasing musical instruments online, manufacturers and distributors are leveraging digital marketing strategies to reach a broader audience. The availability of detailed product information, customer reviews, and competitive pricing online has made it easier for both professionals and amateurs to discover and acquire digital steel drums. This trend is further supported by the proliferation of music technology forums, online tutorials, and virtual communities that promote the use of digital steel drums and facilitate knowledge sharing among enthusiasts worldwide.
From a regional perspective, North America currently leads the digital steel-drum market, accounting for the largest revenue share in 2024. This dominance is attributed to the presence of major market players, a well-established music industry, and high consumer spending on musical instruments. However, the Asia Pacific region is anticipated to exhibit the fastest growth over the forecast period, driven by increasing disposable incomes, growing interest in Western and fusion music genres, and the rapid expansion of digital infrastructure. Europe also represents a significant market, supported by a rich tradition of music education and a strong culture of live performances. Latin America and the Middle East & Africa are emerging markets, with increasing awareness and adoption of digital steel drums in both professional and educational settings.
The product type segment of the digital steel-drum market is primarily categorized into Electronic Steel Drums, Hybrid Steel Drums, and MIDI Steel Drums. Electronic st
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Explore the dynamics of iron ore price futures, their role in the global steel production industry, and the key factors influencing prices, including demand from China, global economic trends, currency fluctuations, and environmental regulations.
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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip (WPU101707) from Jun 1982 to Jun 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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Access LSEG's London Metal Exchange (LME) Data, and find global reference prices and real-time and delayed data for industrial metals trading.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 1.51(USD Billion) |
MARKET SIZE 2024 | 1.56(USD Billion) |
MARKET SIZE 2032 | 2.1(USD Billion) |
SEGMENTS COVERED | Live Bottom Trailer Market Material ,Live Bottom Trailer Market Capacity ,Live Bottom Trailer Market Application ,Live Bottom Trailer Market Discharge Method ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing demand for efficiency in transportation Strict government regulations on emissions Growing construction industry Advancements in technology High demand from developing countries |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | MAC Trailer ,Strick Trailers ,Wabash National ,Manac ,Stoughton Trailers ,Heil Trailer International ,Doepker Trailers ,Talbert Manufacturing ,Great Dane ,Freuhauf ,Hyundai Translead ,Jaxon Trailers ,Owens & Minor ,Fontaine Trailer ,Timpte |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Growing demand for live bottom trailers in construction industry Increasing use in waste management sector Government regulations favoring live bottom trailers for safety and efficiency Technological advancements enhancing trailer efficiency and capacity Expansion into emerging markets |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.76% (2024 - 2032) |
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According to Cognitive Market Research, the global Steel Structural Design Software market size will be USD 6124.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2449.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1837.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1408.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 306.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 122.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
The Construction category is the fastest growing segment of the Steel Structural Design Software industry
Market Dynamics of Steel Structural Design Software Market
Key Drivers for Steel Structural Design Software Market
Rising Urbanization and Infrastructure Development to Boost Market Growth
The need for infrastructure projects including commercial buildings, industrial facilities, and bridges is rising due to rapid urbanization and the emergence of smart cities. These projects call for sophisticated design solutions. Large-scale infrastructure projects are being funded by both public and private sectors in rising nations, which is increasing the demand for steel structural design software to guarantee the stability and strength of the structures. Approximately 4.4 billion people, or 56% of the world's population, live in cities, according to World Bank data. By 2050, over seven out of ten people will live in cities as a result of this trend, with the urban population predicted to have more than doubled from its current level.
Rising Product Launch to Drive Market Growth
The growing product launches are expected to drive the market growth over the projected period. For instance, in March 2023, the most recent versions of Trimble's Tekla® software for structural engineering, steel fabrication management, and constructible building information modeling (BIM) were released. Tekla Structural Designer 2023, Tekla Tedds 2023, Tekla Structures 2023, and Tekla PowerFab 2023 all provide notable increases in the output, effectiveness, and caliber of building. The bar for automated and connected workflows across project phases and stakeholders is raised by the most recent Tekla software. Significant performance improvements in the most recent Tekla versions allow for more seamless information transmission on projects, which are usually getting bigger and more complex. Enabling various stakeholders to consult, consume, and feed data into the models in connected processes requires robust software performance.
Restraint Factor for the Steel Structural Design Software Market
High Cost and Complexity in Software Use will Limit Market Growth
For small and medium-sized businesses (SMEs) in the engineering and construction industries, the initial costs associated with acquiring and utilizing steel structural design software may be unaffordable. More complex capabilities like simulation, 3D modeling, and BIM integration are frequently more expensive, which makes them less accessible to smaller businesses that might instead choose manual or less expensive design solutions. Furthermore, a lot of structural design software systems are extremely complex and need specialist skills to operate well. Adoption may be hampered by its complexity, particularly in companies with underqualified staff. To become proficient with these tools, engineers and designers frequently require in-depth training, which raises operating expenses and slows acceptance. Smaller businesses can find it difficult to finance this training expenditure.
Impact of Covid-19 on the Steel Structural Design Software Market
The COVID-19 epidemic had a significant impact on the Steel Structural Design Software Market, influencing both short- and long-term industry ...
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Steel Dynamics stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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The global market for belt-driven live roller conveyors is experiencing robust growth, driven by increasing automation in manufacturing, warehousing, and distribution centers. The rising demand for efficient material handling solutions across various industries, including automotive, e-commerce, and food processing, is a key factor fueling this expansion. Technological advancements, such as the integration of intelligent sensors and control systems, are enhancing the functionality and efficiency of these conveyors, further boosting market adoption. While the precise market size in 2025 is unavailable, a reasonable estimate, considering typical CAGR for similar material handling equipment and the substantial growth drivers, places it around $2.5 billion. This figure accounts for the diverse applications, including conveyor systems, structural conveyor systems, and paint preparation, across different material types like low carbon steel, galvanized steel, and stainless steel. The market is segmented geographically, with North America and Europe currently holding significant market shares due to high levels of automation and established industrial infrastructure. However, emerging economies in Asia-Pacific are expected to witness faster growth rates in the coming years due to increasing industrialization and infrastructural development. The competitive landscape comprises both established players and smaller specialized manufacturers, each catering to specific market needs and technological advancements. The forecast period (2025-2033) anticipates continued growth, driven by factors such as e-commerce expansion leading to increased demand for efficient order fulfillment and the ongoing trend towards lean manufacturing principles. However, potential restraints include fluctuating raw material prices (particularly steel), global economic uncertainty, and the need for substantial upfront investment in conveyor systems. Despite these challenges, the overall outlook remains positive, with the market expected to experience a compound annual growth rate (CAGR) of approximately 7% over the forecast period. This optimistic projection considers the sustained demand for efficient material handling and the continuous innovations in conveyor technology. Further, the adoption of sustainable practices within manufacturing, including the use of recycled materials in conveyor construction, is anticipated to positively influence market growth.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 1.91(USD Billion) |
MARKET SIZE 2024 | 1.97(USD Billion) |
MARKET SIZE 2032 | 2.5(USD Billion) |
SEGMENTS COVERED | Application ,Roller Diameter ,Drive Type ,Material ,Control System ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Growing automation in manufacturing Increasing demand for efficient material handling Rise of ecommerce Focus on reducing labor costs Advancements in sensor and control technologies |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Nercon Engineering & Manufacturing ,FAM Technologies ,Hytrol Conveyor ,Rapistan Systems ,Beumer Group ,Intek Integration Technologies ,Alvey Systems ,TGW Logistics Group ,Apex Industries ,Interroll Holding ,Vanderlande Industries ,Ningbo Tote Precision Machinery ,Dematic Corporation ,Dorner Manufacturing Corporation ,Key Technology |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Ecommerce boom Automation in logistics Industrial modernization Growing manufacturing Infrastructure development |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.01% (2025 - 2032) |
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The report offers Live Fire Range Market Dynamics, Comprises Industry development drivers, challenges, opportunities, threats and limitations. A report also incorporates Cost Trend of products, Mergers & Acquisitions, Expansion, Crucial Suppliers of products, Concentration Rate of Steel Coupling Economy. Global Live Fire Range Market Research Report covers Market Effect Factors investigation chiefly included Technology Progress, Consumer Requires Trend, External Environmental Change.
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Steel fell to 3,158 CNY/T on July 31, 2025, down 2.17% from the previous day. Over the past month, Steel's price has risen 4.22%, and is up 5.27% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.