Iron Wire Industry Reports Continued Global Growth

The global iron wire manufacturing industry reported steady growth in 2024, with worldwide demand rising about 8.7% year-over-year and roughly 4.2 million tons traded internationally. Huanghua Jinhe Hardware operates an 80,000-ton-per-year facility exporting about 60% of output; Asia accounts for approximately 68% of production and China about 45% of exports. The report highlights supply risks from steel rod and zinc price volatility through 2026.