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Steel in Scandinavia

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    Report

  • 40 Pages
  • September 2024
  • Region: Denmark, Norway, Sweden
  • MarketLine
  • ID: 6028943
Steel in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Steel market consists of the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
  • The Scandinavian steel market recorded revenues of $7.60 billion in 2023, representing a compound annual growth rate (CAGR) of 5.2% between 2018 and 2023.
  • Market production volumes declined with a negative CAGR of 1.3% between 2018 and 2023, reaching a total of 8.75 million tonnes in 2023.
  • The increase in real Gross Value Added (GVA) in industry annual growth has been a key driver for the steel market. In 2023, the Danish real GVA in the industrial sector grew by 2.4%, according to the United Nations Statistics Division (UNSTAT). This rise in industrial activity led to higher steel consumption for machinery, equipment, and construction materials.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in Scandinavia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in Scandinavia
  • Leading company profiles reveal details of key steel market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Scandinavia steel market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Scandinavia steel market by value in 2023?
  • What will be the size of the Scandinavia steel market in 2028?
  • What factors are affecting the strength of competition in the Scandinavia steel market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Scandinavia's steel market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Outokumpu Oyj
8.2. SSAB AB
8.3. BE Group AB
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Scandinavia steel market value: $ million, 2018-23
Table 2: Scandinavia steel market volume: thousand tonnes, 2018-23
Table 3: Scandinavia steel market geography segmentation: $ million, 2023
Table 4: Scandinavia steel market value forecast: $ million, 2023-28
Table 5: Scandinavia steel market volume forecast: thousand tonnes, 2023-28
Table 6: Outokumpu Oyj: Key facts
Table 7: Outokumpu Oyj: Annual Financial Ratios
Table 8: Outokumpu Oyj: Key Employees
Table 9: SSAB AB: Key facts
Table 10: SSAB AB: Annual Financial Ratios
Table 11: SSAB AB: Key Employees
Table 12: SSAB AB: Key Employees Continued
Table 13: BE Group AB: Key facts
Table 14: BE Group AB: Annual Financial Ratios
Table 15: BE Group AB: Key Employees
Table 16: Scandinavia Exchange Rate, 2018-23
List of Figures
Figure 1: Scandinavia steel market value: $ million, 2018-23
Figure 2: Scandinavia steel market volume: thousand tonnes, 2018-23
Figure 3: Scandinavia steel market geography segmentation: % share, by value, 2023
Figure 4: Scandinavia steel market value forecast: $ million, 2023-28
Figure 5: Scandinavia steel market volume forecast: thousand tonnes, 2023-28
Figure 6: Forces driving competition in the steel market in Scandinavia, 2023
Figure 7: Drivers of buyer power in the steel market in Scandinavia, 2023
Figure 8: Drivers of supplier power in the steel market in Scandinavia, 2023
Figure 9: Factors influencing the likelihood of new entrants in the steel market in Scandinavia, 2023
Figure 10: Factors influencing the threat of substitutes in the steel market in Scandinavia, 2023
Figure 11: Drivers of degree of rivalry in the steel market in Scandinavia, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Outokumpu Oyj
  • SSAB AB
  • BE Group AB