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2026-05-14 14:11:09 -

Global Electric Arc Furnaces Market Witnessing Strong Industrial Expansion

The global electric arc furnaces market was valued at USD 944.7 Million in 2025 and is projected to reach USD 1,721.9 Million by 2036. The industry is expected to grow at a CAGR of 5.5% from 2026 to 2036, driven by increasing demand for energy-efficient steel production and rising adoption of sustainable manufacturing technologies. Growing investments in infrastructure development,...

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