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The steel manufacturing market is forecasted to grow by USD 442.7 billion during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the steel manufacturing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by upsurge in consumption of high-strength steel, growing demand from construction industry, and corrosion resistance and excellent mechanical properties.
The steel manufacturing market is segmented as below:
By End-user
- Construction
- Machinery
- Automotive
- Metal products
- Others
By Type
- Flat
- Long
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the steel manufacturing market covers the following areas:
- Steel manufacturing market sizing
- Steel manufacturing market forecast
- Steel manufacturing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global steel manufacturing market: Ansteel Group Corp. Ltd., ArcelorMittal, Baosteel Group Corp., Beijing Shougang Co. Ltd., Benxi Steel Group Co. Ltd., China Jianlong Steel Industrial Co. Ltd., Essar, Gerdau SA, Hebei Jingye Group, Hyundai Steel Co, JFE Holdings Inc., Jiangsu Shagang International Trade Co. Ltd., JSW Group, Nippon Steel Corp., NLMK Group, Nucor Corp., POSCO holdings Inc., Steel Authority of India Ltd., Tata Sons Pvt. Ltd., and thyssenkrupp AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for steel and stainless steel scrap."
According to the report, one of the major drivers for this market is the upsurge in consumption of high-strength steel.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ansteel Group Corp. Ltd.
- ArcelorMittal
- Baosteel Group Corp.
- Beijing Shougang Co. Ltd.
- Benxi Steel Group Co. Ltd.
- China Jianlong Steel Industrial Co. Ltd.
- Essar
- Gerdau SA
- Hebei Jingye Group
- Hyundai Steel Co
- JFE Holdings Inc.
- Jiangsu Shagang International Trade Co. Ltd.
- JSW Group
- Nippon Steel Corp.
- NLMK Group
- Nucor Corp.
- POSCO holdings Inc.
- Steel Authority of India Ltd.
- Tata Sons Pvt. Ltd.
- thyssenkrupp AG
