According to a recent report by Research & Markets, the global structural steel market is expected to expand significantly to reach $143 billion by 2030, with a compound annual growth rate (CAGR) of 4.7% from 2023. One of the key growth drivers is the increasing popularity of lightweight steel structures, whose benefits include reduced material use, increased cost-efficiency and design flexibility. These trends are being driven by increased investment in infrastructure, urban development and sustainable building practices worldwide. For businesses in the structural steel industry, this presents a clear opportunity to leverage advanced engineering and materials innovation to meet changing market demands.