Press release content from Business Wire. The AP news staff was not involved in its creation. Global $1143 Billion Iron and Steel Mills and Ferroalloy Markets, 2015-2020, 2020-2025F, 2030F - ResearchAndMarkets.com March 1, 2021 GMT DUBLIN--(BUSINESS WIRE)--Mar 1, 2021-- ADVERTISEMENT Major companies in the iron and steel mills and ferroalloy market include Arcelor Mittal SA; POSCO; China BaoWu Steel Group Corporation Limited; Nippon Steel & Sumitomo Metal Corp and JFE Engineering Corporation. Growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1143.6 billion in 2025 at a CAGR of 7%.