Steel Rebar Market Analysis, Business With Outokumpu, Mechel, ACERINOX, Gerdau, Essar Steel, Tata Steel, Hyundai Steel, ArcelorMittal, EVRAZ North America, Jindal Steel, Commercial Metals Company, O Commercial Metals Company, Steel Dynamics

The steel rebar company profiles of all the major players and brands that are dominating the market are mentioned in the report with respect to their moves like product launches, joint ventures, mergers and acquisitions. All the data and information included in the steel rebar report is extracted from incredibly reliable sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. The market analysis and insights covered in this steel rebar market research report offers key statistics on the market status of global and regional manufacturers and is an imperative source of guidance which provides exact direction to the companies and individuals interested in the industry.

Global steel rebar market is expected to rise from its initial estimated value of USD 132.15 billion in 2018 to an estimated value of USD 198.99 billion by 2026, registering a CAGR of 5.25% in the forecast period of 2019-2026. Rising demand of steel rebar from various end users is the major factor for the growth of this market.

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Steel Rebar which is also known as reinforcing steel or reinforcement steel is used as a tension device in reinforced concrete and reinforced masonry structures. They are usually used to strengthen the concrete under the tension. They are also used to protect concrete from the corrosion. Their application can be seen in the manufacturing of bridges, pavement, parking structures and others.

Segmentation: Global Steel Rebar Market

· By Process

o Basic Oxygen Steelmaking

o Electric Arc Furnace

· By Type

o Deformed

o Mild

· By End- User

o Market Size and Projection

o Infrastructure

o Housing

o Industrial

o Others

· By Finishing Type

o Epoxy

o Coated

o Black

· By Geography

o North America

US
Canada
Mexico

o South America

Brazil
Argentina
Rest of South America

o Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe

o Asia-Pacific

Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific

o Middle East and Africa

South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa


Market Drivers:

· Increasing investment in the steel rebar is driving the market

· Growing urban population and increasing industrialization is driving the market

Market Restraints:

· High manufacturing cost of the steel rebar is restraining the market growth

· Increasing prices of the raw material is restraining the market

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Key Developments in the Market:

· In March 2019, London Metal Exchange (LME) announced the launch of their seven new contracts which includes hot-rolled coil (HRC) steel, alumina and cobalt. Their main aim is to expand business and get more profit. They have also launched new technologies so that they can make contracts easier, faster and with least expenses.

· In December 2015, on the behalf of ISSF (International Stainless Steel Forum) SCI has developed a new website for the stainless steel. This site is specially designed to give advice on stainless steel rebar and how they are useful. It will also give information about how concrete structures can be used longer than the other materials.

Few of the major competitors currently working in steel rebar market are

· Gerdau S/A,

· NIPPON STEEL CORPORATION,

· SAIL,

· Tata Steel,

· Essar Steel,

· PАО,

· EVRAZ plc.,

· Jindal Steel & Power Ltd,

· Steel Dynamics, Inc,

· SteelAsia.com,

· Outokumpu,

· Acerinox S.A.,

Others HYUNDAI STEEL, Daido Steel Co., Ltd., KOBE STEEL, LTD, Sohar Steel LLC, Celsa Steel, SHAGANG GROUP Inc.

Global steel rebar market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of steel rebar market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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