Metal Shredder Machine Market to Reach USD 1,230 6 Million by 2028; Increasing Industrialization & Technological Developments to Bolster Market Growth: Says Fortune Business Insights einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Modular Building Institute Releases 2021 Modular Construction Industry Reports prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Disrupted Steel Industry to Thwart Growth amid Pandemic
The severe impact on the steel industry has dramatically reduced the growth of the market. As per the U.S. Steel Industry, the U.S. steel production fell 12.7% year over year at the ending of March 2020. The steel imports have also fallen explicitly in January and February 2020. This factor will adversely impact manufacturing facilities, thus impacting the market. The declined automotive, precision instruments, and machinery has further affected the global market. Moreover, industries such as machinery, automotive, office machinery, communication equipment have faced unprecedented loss, which, in turn, can disturb the forklift trucks industry.