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The Steel market is a sector of the global economy that produces and distributes steel products. Steel is a versatile material used in a variety of industries, including construction, automotive, and energy. Steel is produced through a process of melting iron ore and other materials in a furnace, and then shaping the molten material into a variety of shapes and sizes.
Steel companies are involved in the production, distribution, and sale of steel products. These companies range from large multinational corporations to small, local businesses. Some of the major players in the steel market include ArcelorMittal, Nippon Steel, POSCO, JFE Steel, and Tata Steel. Other companies in the market include U.S. Steel, ThyssenKrupp, Baosteel, and Shougang Group. Show Less Read more