Market Growth and Forecast (2017-2024)
The international steel rebar market is forecasted to expand at a compound annual growth rate (CAGR) of 6.9% from 2017 to 2024. This growth is primarily driven by increasing demand for steel rebar in various construction sectors.
Demand Drivers in Europe and the Middle East & Africa
A significant factor propelling this market growth is the escalating demand for steel rebar in housing, industrial, and infrastructural projects in Europe and the Middle East & Africa regions.
The Critical Role of Rebar in Concrete Construction
Enhancing Concrete Durability
Rebar, or reinforcing steel bar, is essential in concrete construction, making structures like floor slabs, walls, and posts more durable. Its primary role is to control cracking and provide additional strength.
Advantages of Using Rebar
Rebar significantly enhances concrete’s resilience to failure. It offers ductile strength and is resistant to corrosion, making it superior to alternatives like steel wires or reinforcing fiberglass.
Diverse Applications of Steel Round Bars
Varieties and Forms
Steel round bars are available in various metals, including steel, stainless steel, aluminum, and brass. They come in two primary forms: hot rolled and cold rolled, with hot-rolled bars being ideal for construction purposes where precise measurements and finishes are less critical.
Shree Ji Steel Corporation Offerings
Shree Ji Steel Corporation offers an extensive range of M.S. Round Bars, commonly used in applications like pump shafts, scaffolding, and cold drawing. We provide various grades, thicknesses, lengths, and dimensions to cater to diverse needs.
M.S. Square Bars in Construction and Engineering
Versatility and Applications
M.S. Square Bars are integral in many engineering components, forging industries, grill fencing, bridge construction, and steel structures. They are known for their robustness and long product life.
Benefits of Mild Steel
Mild steel square bars are heavily utilized in frame building, trailer building, and fencing, offering high strength and reliable performance. Its lower carbon content renders it more flexible, making it a preferred choice for various construction and structural applications.
