Press release
Cold Rolled Steel Coil Market will reach 130 million US$ in 2023
Cold rolling is used to further treat hot rolled steel sheet to increase its strength and its strength-to-weight ratio and enable it to hold tighter tolerances during fabricating and machining. In addition, cold rolling is used to smooth and finish the surface of hot rolled steel. The processes used to improve the surface finish and to size the cold rolled sheet more precisely include chemical or mechanical descaling and cold rolling or polishing. It also increases its strength and hardness because it is performed at room temperature and below the recrystallization temperature.
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Global Cold Rolled Steel Coil Market: Forecast by Type / Application / Region
The cold-rolled coil prices have seen a significant increase from 2016 to 2017 since it sulfured a continuously decline in the 2014-2016 period. In 2017, the cold-rolled coil average price is 744.0 USD per tonne globally and will keep increasing as a result of rising raw material costs.
The end-user industries of processed steel are automotive, domestic appliance, construction, machinery parts, electronic goods, furniture, and others. Growth in the home appliance and automotive industry and recovery of global economy are the key drivers of the steel processing market.
The worldwide market for Cold Rolled Steel Coil is expected to grow at a CAGR of roughly 2.6% over the next five years, will reach 130 million US$ in 2023, from 110 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Cold Rolled Steel Coil 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.
Global Nonferrous Metal Recycling Market:Key Players
China Baowu Steel Group
POSCO
Nippon Steel & Sumitomo Metal
ArcelorMittal
Shougang
Hyundai Steel
Ansteel Group
JFE Steel Corporation
Benxi Steel Group
Hesteel Group
United States Steel Corporation
Nucor Corporation
China Steel Corporation
Shagang Group
Steel Authority of India Limited
Tata Steel
NLMK Group
Maanshan Steel
ThyssenKrupp
JSW Steel Ltd
Valin Steel Group
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Related Information:
United States Cold Rolled Steel Coil Market 2018 Forecast to 2023
Europe Cold Rolled Steel Coil Market 2018 Forecast to 2023
North America Cold Rolled Steel Coil Market 2018 Forecast to 2023
Asia-Pacific Cold Rolled Steel Coil Market 2018 Forecast to 2023
China Cold Rolled Steel Coil Market 2018 Forecast to 2023
EMEA Cold Rolled Steel Coil Market 2018 Forecast to 2023
Global Cold Rolled Steel Coil Market 2018 Forecast to 2023
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