Press release
Steel Market 2021 – Latest News and Updates for Supplements by Baosteel Group, JFE Steel Corporation, Nucor Corporation, Posco, Hesteel Group Company etc. till 2027
Growth in the popularity of pre-engineered metal buildings and lightweight building materials drives the demand for steel. Market. Besides this, the transition from conventional casting processes to novel technologies making the use of recycled materials also drives market growth. The issue of buckling associated with steel structures restricts the fruitful growth of steel market. The involvement of various steel manufacturing companies in extensive R&D and collaborations is expected to boost the demand for steel market in the near future.Steel refers to an alloy of iron with a few percents of carbon to improve its strength and fracture resistance. Stainless steels that are corrosion and oxidation resistant need typically an additional 11% chromium. Due to its high tensile strength and low-cost steel is preferred in buildings, construction, tools, ships, cars, and machines. Iron forms the base metal of steel and can take one or two crystalline forms. Steel was produced in bloomer furnaces for thousands of years.
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Top Manufacturers in the Industry are:
1. ArcelorMittal S.A.
2. Baosteel Group
3. Hesteel Group Company Limited
4. Hyundai Steel Co., Ltd.
5. JFE Steel Corporation
6. Jiangsu Shagang Group Company Limited
7. Nippon Steel Corporation
8. Nucor Corporation
9. Posco
10. Shougang Group Co., Ltd.
Industry Scope:
The "Global Steel Market Analysis to 2027" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the steel market with detailed market segmentation by product type, application and geography. The global steel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading steel market players and offers key trends and opportunities in the market.
Segmentation and Regional Analysis:
The global steel market is segmented on the basis of product type and application. On the basis of product, the steel market is segmented into hot, cold, direct rolled, tubes and others. As per application the steel market is broken into pre-engineered metal buildings, bridges, industrial structures and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global steel market based on various segments. It also provides market size and forecast estimates from the year 2018to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the steel market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the steel market in these regions.
Table of Content (TOC):
1. INTRODUCTION
.
.
.
6. STEEL MARKET - GLOBAL MARKET ANALYSIS
6.1. STEEL - GLOBAL MARKET OVERVIEW
6.2. STEEL - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. STEEL MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. HOT
7.3.1. Overview
7.3.2. Hot Market Forecast and Analysis
7.4. COLD
7.4.1. Overview
7.4.2. Cold Market Forecast and Analysis
7.5. DIRECT ROLLED
7.5.1. Overview
7.5.2. Direct Rolled Market Forecast and Analysis
7.6. TUBES
7.6.1. Overview
7.6.2. Tubes Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
.
.
.
Continued.........
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About The Insight Partners:
The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Manufacturing and Construction, Technology, Chemicals and Materials.
We offer our clients multiple ways to customize research as per their specific needs and budget.
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