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Steel Rolling & Drawing in the US - Industry Market Research Report

  • ID: 239462
  • Report
  • Region: United States
  • 36 pages
  • IBISWorld
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<p>Pipe dream: Decelerating growth in emerging economies has constrained industry demand</p>

Steel Rolling & Drawing in the US

Despite contending with various challenges, the Steel Rolling and Drawing industry has performed well over the five years to 2019. Growth in the construction sector has boosted industry revenue by raising demand for steel wire products. However, decelerating growth in emerging economies has constrained demand for exported steel products. Nevertheless, global demand for steel has increased, which fueled growth in steel prices. This boosted inventory values, enabling operators to raise selling prices for industry products. Overall, despite operators contending with volatility in the price of steel, industry revenue has increased over the past five years. Over the five years to 2024, industry revenue is forecast to continue expanding alongside projected increases in the price of steel.

Companies in this industry roll or draw purchased steel, which may be sourced from domestic steel manufacturers or imported from abroad. Companies produce various shapes through the rolling process, while the only drawn product is wire of various grades and gauges. Typically, the end product is made to conform to customer specifications. The industry does not include companies that roll or draw steel they manufacture themselves or metal service centers that distribute steel products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • Worthington Industries Inc.
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