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Global Flat Steel Market Study Analysis: The increasing government initiatives towards building infrastructure is expected to boost the market of Flat Steel.

02-15-2022 03:40 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Global Flat Steel Market Study Analysis: The increasing

The global Flat Steel market is expected to grow at a CAGR of more than 7%. Flat Steel is the outcome of melting and stretching processed metal under vigor. Flat Steel comes in several forms like sheets, strips, or plates.

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Global Flat Steel Drivers:
The increasing growth in the industries like construction automotive and mechanical equipment is the major driver for the market of Flat Steel. Its reusable property gives it a competitive edge over other materials and makes it one of the most used material around the globe.

Covid-19 Scenario:
● Impact on Market Size
● End-User Trend, Preferences, and Budget Impact
● Regulatory Framework/Government Policies
● Key Players Strategy to Tackle Negative Impact
● Opportunity Window

Global Flat Steel Market Segments:
The global Flat Steel market is further segmented into Process, Type, End-User, and geography.
● By Process: Basic Oxygen Furnace, Electric Arc Furnace
● By Type: Sheets & Strips, Plates
● By End-Use Sector: Building & Infrastructure, Mechanical Equipment, Automotive & Other Transport

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

The Asia Pacific region dominates the market for Flat Steel since India and China are the largest producers of Steel around the world. In addition to that government of most countries in the region are heavily focusing and investing on infrastructure therefore increasing the market share of Flat Steel in the region.

Key Players of Global Flat Steel Market:
● ArcelorMittal (Luxembourg)
● POSCO (South Korea)
● Jiangsu Shagang Group (China)
● ChinaSteel (China)
● Jianlong Group (China)
● Maanshan Iron & Steel Company Limited (China)
● ThyssenKrupp AG (India)
● JFE Steel Corporation (Japan)
● Albawardi Steel Industries (Saudi Arabia)
● NIPPON STEEL CORPORATION (Japan)

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Key Questions Answered Through The Report:
● The Impact of COVID-19 on the global market
● What are the potential opportunities for new entrants in the global market
● What is the market Size and Forecast from 2020 to 2028?
● Key Players associated with the global Flat Steel Market
● Value Chain Analysis of Global Flat Steel Market
● What is the CAGR of the global Flat Steel Market from 2021 to 2028
● Major Growth Factor, Challenges, Trends, and Opportunities in the global market
● Key outcomes of SWOT Analysis

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About EvolveBI
Evolve Business Intelligence is market research, business intelligence, and advising service that offers creative solutions to a company's problems. Our market research studies can find data beneficial to micro, small, medium, and large-scale businesses. We offer a wide range of services, from data collection to business consulting.
Evolve Business Intelligence is built on account of technology advancement and our in-house AI-modelled data analysis and forecast tool - EvolveBI - provides extremely accurate data. This application tracks real-time statistics from Fortune's Global 2000 firms, including quarterly performance, annual performance, and recent changes.

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