Investment
Features
FeesSafety
Academy
More
Pluang+

South America steel wire rods market to grow over $1.69B by 2031 driven by infrastructure and industrial demand

Market News
16 Oct 2026
Researchandmarkets.Com
View Source
Bullish
South America steel wire rods market to grow over $1.69B by 2031 driven by infrastructure and industrial demand

The South American steel wire rods market is expected to grow by more than USD 1.69 billion from 2026 to 2031, fueled by infrastructure projects, housing construction, and industrial modernization. Brazil leads production and consumption, supported by strong steelmaking capacity and export infrastructure. Growth is driven by investments in transportation, energy, mining, and agriculture, alongside technological advances like mini-mill and scrap-based production that improve efficiency and sustainability. Despite challenges like economic uncertainty and outdated manufacturing, the market outlook remains positive with opportunities in alloy steel and energy sectors.

South America steel wire rods market growth is projected over USD 1.69 billion by 2031. For readers following Basic Materials stocks, here is Pluang's market snapshot as of Oct 16, 2026 17:01 WIB: 53 of 83 stocks rose today. Notable movers include STLD at USD 243.90 (+1.30%), GFI at USD 37.57 (+1.29%) with 72% buy orders, and CLF at USD 12.29 (+1.11%).

More News

STS Digital named North America's Best Digital Assets Trading Platform by Euromoney.

STS Digital named North America's Best Digital Assets Trading Platform by Euromoney.

STS Digital, a Bermuda-regulated trading firm specializing in institutional digital asset derivatives, was named North America's Best Digital Assets Trading Platform by Euromoney. This award recognizes STS Digital's advanced trading infrastructure, d...

Market News
Bullish
14 minutes ago
Global dry X-ray films market to grow to $1.18B by 2036, led by Asia-Pacific and rising healthcare demand

Global dry X-ray films market to grow to $1.18B by 2036, led by Asia-Pacific and rising healthcare demand

The global dry X-ray films market is projected to grow from $983.7 million in 2026 to $1.18 billion by 2036, at a CAGR of 1.91%. Growth is driven by increasing diagnostic imaging demand, especially in Asia-Pacific, which leads the market due to expan...

Market News
Neutral
15 minutes ago
Mobile X-ray systems market to nearly double to $4B by 2036, driven by AI, digital tech, and Asia-Pacific growth

Mobile X-ray systems market to nearly double to $4B by 2036, driven by AI, digital tech, and Asia-Pacific growth

The global mobile X-ray systems market is projected to grow from $2.06 billion in 2025 to $4.00 billion by 2036, with a CAGR of 6.3%. Growth is fueled by rising chronic diseases, increased hospitalizations, and demand for point-of-care imaging in div...

Market News
Bullish
16 minutes ago
Computed radiography market to grow modestly to $548.9M by 2036, led by Asia-Pacific and affordable X-ray digitization.

Computed radiography market to grow modestly to $548.9M by 2036, led by Asia-Pacific and affordable X-ray digitization.

The global computed radiography market is projected to grow from $466.3 million in 2025 to $548.9 million by 2036, at a CAGR of 1.52%. Growth is driven by demand for affordable digital conversion of existing X-ray systems, especially in Asia-Pacific,...

Market News
Neutral
17 minutes ago
Emerging memory market to hit $44.61B by 2035, driven by AI and high-bandwidth memory demand.

Emerging memory market to hit $44.61B by 2035, driven by AI and high-bandwidth memory demand.

The global emerging memory and storage technology market is projected to grow from $5.85 billion in 2025 to $44.61 billion by 2035, at a CAGR of 19.73%. This growth is fueled by rising demand for high-bandwidth, low-latency, and energy-efficient memo...

Market News
Bullish
18 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App