Global Steel Market to witness growth during the forecast period 2019-2026

Hyderabad, April 18, 2019 -- The "Steel Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2026" report has been added to Datamintelligence.com's offering.
New advancements in material technology, steel possessing more stability, aesthetic appeal and design flexibility compared to other materials is a market driving factor for the global Steel Market.
Steel Market Segmentation
⦁Based on type, into Crude steel, Finished Steel (Flat, Long Specialty products), and Scrap Steel.
⦁Based on material, the market is segmented into Steel Alloy, Carbon Steel, and Stainless Steel.
⦁By end-user industry, the market is segmented into Automotive, Infrastructure and construction, Mining Equipment, Aviation & Marine, and Others.

Steel Market Geographical Share
⦁Geographically, the global Steel market is segmented into North America, South America, Europe, Asia Pacific, and RoW.
⦁In 2017, world steel production increased by 0.8% from the previous year to a level of 1 628.5 mm.
⦁The growing trend in global production was supported by a 1.2% production increase in China to 808.4 mm, as well as the rapid growth of 7% in the Middle East.
⦁According to the World Steel Association, Chinese crude steel production in January 2017 was approx. 67.6 mm higher compared to the previous year while in India production of steel increased by 15.3% in 2017.
⦁Production is growing by several factors such as increasing expansions by private and state-owned mills to meet growing domestic demand for steel in recent years.
⦁Raw material prices of steelmaking have also increased significantly as world steel production is growing.
⦁In 2017, global metallurgical prices rise compared to the previous year.

Companies Covered
ArcelorMittal, Ansteel, Baosteel Group Corporation, Hebei Iron and Steel, Nippon Steel and Sumitomo Metal, POSCO, Shagang, SSAB, United States Steel Corporation, and Voestalpine Group
Key Points covered in the report
⦁Steel Market – Methodology and Scope
⦁Steel Market - Trends
⦁Steel Market – Industry Analysis
⦁Geographical Analysis
⦁Competitive Landscape
⦁Company Profiles

For more information about this report visit https://www.datamintelligence.com/research-report/steel-market
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