Global Steel Wire Rod Market: Market Size & Forecasting (2016-2028)

Global Steel Wire Rod Market has been witnessing growth, owing to increased industrialization in developing countries, capacity expansion of steel manufacturers, and demand from emerging economies for industrial and infrastructural applications.
Steel wire rod is a semi-finished product, which is rolled from steel billet and used for manufacturing wire. This wire rod is then formed into coils. The coils are secured either by tying with a wire or using a strapping band. They are usually sold as rolls. The user may prepare wire rods for further processing by cleaning & coating, or through heat treatment. Steel wire rod is used in a number of applications, including mechanical equipment, automotive components, port cranes, elevators, etc.

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The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for steel wire rod market.

Major Companies Operating in the Global Steel Wire
Rod Market:
• ArcelorMittal
• China Baowu Steel Group
• NSSMC
• HBIS Group
• POSCO
• Shagang Group
• Ansteel
• JFE Holdings
• Tata Steel

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Market Segmentation of Global Steel Wire Rod Market:
By Composition:
• Carbon Steel Wire
• Alloy Steel Wire
• Stainless Steel Wire

By Type:
• 6 mm
• 8 mm
• 10 mm
• Others

By Application:
• Elevator
• Port Cranes
• Mechanical Equipment
• Automotive Components

By End-Use Industry:
• Oil & Gas
• Mining
• Building & Construction
• Marine
• Automobile

This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World.
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Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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