The Latin America Steel Rebars Market accounted for USD 6,271 Million in 2020 and is expected to reach USD 12,056 Million in 2028 growing at a CAGR of 7.3% between 2021 and 2028.
Steel bars are widely used across construction sector for varied purposes. Some purposes need high tensile strength steel bars and some need low tensile strength steel bars, Commercial and government projects need twisted steel bars as they can conceive more weight as their tensile strength is highest. Increasing number of construction projects across Latin is one of the prime factors for rising demand of steel bars.
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