Industry News
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Green Steel Market Booms, Projected to Double by 2032
The global green steel market is booming, with a new comprehensive analysis forecasting its value to soar from $9.1 billion in 2025 to $18.48 billion in 2032. This represents a remarkable growth trajectory, highlighting a fundamental transforma...Read more -
What Is The Difference Between Hot Rolled Steel Sheet Piles And Cold Formed Rolled Steel Sheet Piles
In the field of civil engineering and construction, Steel Sheet Piles (often referred to as sheet piling) have long been a cornerstone material for projects requiring reliable earth retention, water resistance, and structural support—from riverbank reinforcement and coas...Read more -
What Materials Are Needed For A High-quality Steel Structure Building?
Steel structures building utilize steel as the primary load-bearing structure (such as beams, columns, and trusses), supplemented by non-load-bearing components such as concrete and wall materials. Steel's core advantages, such as high strength...Read more -
Impact of The Grasberg Mine Landslide in Indonesia on Copper Products
In September 2025, a severe landslide struck the Grasberg mine in Indonesia, one of the world's largest copper and gold mines. The accident disrupted production and sparked concerns in global commodity markets. Preliminary reports indicate that operations at several key ...Read more -
What Are The Differences Between U-shaped Steel Sheet Piles and Z-shaped Steel Sheet Piles?
Introduction to U shaped steel sheet piles and Z shaped steel sheet piles U type steel sheet piles：U-shaped steel sheet piles are a commonly used foundation and support material. They have a U-shaped cross-section, high strength and rigidity, tig...Read more -
Shocking! The Steel Structure Market Size is Expected to Reach $800 Billion in 2030
The global steel structure market is expected to grow at an annual rate of 8% to 10% over the next few years, reaching approximately US$800 billion by 2030. China, the world's largest producer and consumer of steel structures, has a market size...Read more -
Global Steel Sheet Pile Market is Expected to Surmount 5.3% CAGR
The global steel sheet piling market is experiencing steady growth, with multiple authoritative organizations predicting a compound annual growth rate (CAGR) of approximately 5% to 6% over the next few years. The global market size is projected...Read more -
What is the impact of the Fed’s interest rate cut on the steel industry-Royal Steel?
On September 17, 2025, local time, the Federal Reserve concluded its two-day monetary policy meeting and announced a 25 basis point reduction in the target range for the federal funds rate to between 4.00% and 4.25%. This was the Fed's first ra...Read more -
What are Our Advantages Compared to China’s Largest Steel Producer (Baosteel Group Corporation)?–Royal Steel
China is the world's largest steel producer, home to many renowned steel companies. These companies not only dominate the domestic market but also hold significant influence in the global steel market. Baosteel Group is one of China's largest s...Read more -
Explosion! A large number of steel projects are put into production intensively!
Recently, my country's steel industry has ushered in a wave of project commissioning. These projects cover diverse fields such as industrial chain extension, energy support and high value-added products demonstrating the solid pace of my country's steel industry in its t...Read more -
Global Development of Steel Sheet Pile Market in the Next Few Years
Development of the steel sheet pile market The global steel sheet piling market is showing steady growth, reaching $3.042 billion in 2024 and projected to reach $4.344 billion by 2031, a compound annual growth rate of approximately 5.3%. Market de...Read more -
Ocean Freight Adjustment for Steel Products–Royal Group
Recently, due to the global economic recovery and increased trade activities, freight rates for steel product exports are changing.Steel products, a cornerstone of global industrial development, are widely used in key sectors such as construction, automotive, and machine...Read more