Carbon steel is a common type of steel made mainly of iron and carbon, with little of other elements. It’s affordable, versatile, and used in many applications. Its carbon content ranges from 0.05% to 2.0%.

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Carbon Steel Market Share, Trends, Industry Forecast By 2033
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Carbon Steel Market Share, Trends, Industry Forecast By 2033

The Carbon Steel Market, valued at USD 953.6 Billion in 2023, is projected to reach USD 1,542.8 Billion by 2033 with a CAGR of 3.4% from 2024 to 2033.