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Structural Steel Market 2018-2023 Size, Share, Trends & Top Key Players: Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp

10-31-2018 07:24 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

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Structural Steel Market 2018-2023 Size, Share, Trends & Top Key

Market Study Report: The Report entitled 2018-2023 Global Structural Steel Market Report explores the essential factors of the Structural Steel market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario. The Global Structural Steel market has been separated by this report based on the key players profiles, Type, Application and Regions

The worldwide market for Global Structural Steel Market is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.

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Market Segment by Manufacturers, this report covers

Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp
JSW Steel, Essar Steel, TISCO, Southern Steel Company (SSC), Pomina, Krakatau Steel Sahaviriya Steel Industries, G Steel PCL, SAMC, Capitol Steel, PAG-ASA STEEL WORKS, INC. (PSWI), Steel Centre Philippines Inc. (SCPI), Baosteel Ansteel, Wuhan Iron and Steel, Shagang Group, Shandong Iron & Steel Group, Ma Steel, Bohai Steel, Shougang Group, Valin Steel, Anyang Iron & Steel Group, Baogang Group

Structural steel is a category of steel used as a construction material for making structural steel shapes. A structural steel shape is a profile, formed with a specific cross section and following certain standards for chemical composition and mechanical properties. Structural steel shapes, sizes, composition, strengths, storage practices, etc., are regulated by standards in most industrialized countries.

This report focuses on the Structural Steel in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Structural steel has many uses in the modern world, but the application most associated with it is in construction. It is one of the most vital materials used in building, favored for a number of reasons, the main beings it versatility, relatively low production cost, high strength, sustainability and availability. Structural steel is categorized into shapes, each with their own compositional properties that are regulated by standards, which differ between different countries.

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Geographically, the production of Asia concentrates in China, Japan, Korea, and India, which totally account for about 81.25% of the Asia production in 2015. China accounted for 64.86% of the production market share during 2015 and is predicted to retain its leadership until the end of 2022. Southeast Asia is the most promising market of structural steel in Asia, among which, Thailand, Philippines, Vietnam, Indonesia takes the leading share.

The market of structural steel is quite concentrated. Tata Steel, Nippon Steel Sumitomo Metal, POSCO, Baosteel, Ansteel, Wuhan Iron and Steel, are the key suppliers in the Asia structural steel market. The five then took up about 30.23% of the Asia production market in 2015.

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Complete report at: https://www.marketstudyreport.com/reports/global-structural-steel-market-by-manufacturers-regions-type-and-application-forecast-to-2023

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