Press release
Long Steel Market to reach USD 799.6 Bn by 2029, emerging at a CAGR of 4.5 percent and forecast 2023-2029
Long Steel Market Report Scope and Research MethodologyReport Scope:
The report delves into the comprehensive analysis of the Global Long Steel Market, covering market values, drivers, restraints, and regional insights. A detailed exploration of market dynamics, segmentation by process type, product type, and end-use, along with an in-depth examination of key players, aims to provide stakeholders with valuable insights.
Research Methodology:
The research methodology employed for this report ensures a robust and accurate assessment of the Global Long Steel Market. A detailed understanding of market trends is achieved through extensive data analysis, supported by industry expertise. The report incorporates PORTER and PESTEL analyses, offering stakeholders a comprehensive view of the market landscape.
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What are Long Steel Market Dynamics:
Drivers:
The Long Steel market is being propelled by increased construction and infrastructure activities, industrialization, and population growth. Noteworthy projects like the LNG terminal supplied by ArcelorMittal Kuwait and Nucor Corporation's new pipe mill reflect the industry's growth trajectory.
Restraints:
Asia Pacific: This region holds the largest share at 4% in 2022, with international steelmakers contributing significantly. The presence of companies like ArcelorMittal, Nippon Steel & Sumitomo Metal, Tata Steel, and POSCO Steel, combined with cheap labor and raw materials, propels growth.
Europe: Emerging as a leading crude steel producer, Europe, along with North America, is a major importer of crude iron. ArcelorMittal, based in Luxembourg, stands as the largest steel producer.
Long Steel Market Regional Insights:
North America leads the global AMS market, accounting for 32% of market share in 2022, with a projected CAGR of 22% from 2023 to 2029. Meanwhile, Asia-Pacific is expected to experience rapid expansion, driven by the adoption of cloud platforms and funding support for small and medium-sized businesses in the region.
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Long Steel Market Segmentation:
by Process Type
Basic Oxygen Furnace
Electric Arc Furnace
by Product Type
Rebar
Wire Rod
Merchant Bar
Rail
Others
by End User
Construction
Industrial
Others
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Long Steel Market Key Players:
1. Arcelor Mittal
2. Gerdau Sa
3. Nippon Steel
4. Posco
5. Nucor Corporation
6. China Baowu Steel
7. Commercial Metals Company
8. Mechel Pao
9. Steel Dynamics, Inc.
10. Novolipetsk Steel
11. Outokumpu Oyj
12. Acerinox S.A.
13. Tata Steel
14. Daido Steel
15. Shagang Group
16. Ansteel Group
17. JFE Steel Corporation
18. Evraz Plc
19. HBIS Group
20. Hyundai Steel
21. Steel Authority
22. Metinvest Holding LLC
23. Severstal Jsc
24. Wuhan Iron
25. JSW Steel
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Table of content for the Long Steel Market includes:
1. Global Long Steel Market: Research Methodology
2. Global Long Steel Market: Executive Summary
● Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Long Steel Market: Competitive Analysis
● MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4 . Company Profile: Key players
● Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
● Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
Contact Maximize Market Research:
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Chicago, IL, 60606, USA.
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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