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Steel - Global Strategic Business Report

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    Report

  • 693 Pages
  • December 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338732

Quick Summary:

The global steel industry is experiencing growth and transformation, signaling new opportunities and fresh challenges for business leaders. Presented in this comprehensive report are vital insights and in-depth analyses poised to aid strategic decision-making for optimal business performance. Prudently projecting the market size to reach what surpasses 2.3 Billion Metric Tons by 2030, this market research report offers an encompassing overview of trends, market dynamics, and competitive landscapes, vital for both incumbent and new market participants.

Not limited to mere trend-spotting, the report boasts of an exhaustive list of featured competitors, offering a unique opportunity to understand and evaluate the competitive environment. The strategic feature provides an intricate understanding of market leaders' positioning, growth strategies, and potential market share, thus enabling your business to stay ahead in the game and maintain competitiveness. Arm yourself with this crucial market intelligence tool to make informed strategic decisions and carve robust growth paths in this evolving industry.

Global Steel Market to Reach 2.2 Billion Metric Tons by 2030

The global market for Steel estimated at 1.8 Billion Metric Tons in the year 2022, is projected to reach a revised size of 2.2 Billion Metric Tons by 2030, growing at a CAGR of 2.9% over the analysis period 2022-2030. Construction, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach 982.8 Million Metric Tons by the end of the analysis period. Growth in the Machinery segment is estimated at 2.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at 91.8 Million Metric Tons, While China is Forecast to Grow at 3.1% CAGR

The Steel market in the U.S. is estimated at 91.8 Million Metric Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 1.2 Billion Metric Tons by the year 2030 trailing a CAGR of 3.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Select Competitors (Total 201 Featured)

  • Ansteel Group Corporation Ltd.
  • ArcelorMittal S.A.
  • EVRAZ plc
  • Gerdau S.A.
  • HBIS Group
  • HYUNDAI Steel Company
  • JFE Steel Corporation
  • Jiangsu Shagang Group
  • Nippon Steel Corporation
  • Nucor Corporation
  • POSCO
  • Riva Group
  • Shandong Iron and Steel Group Co. Ltd.
  • Shougang Group Co., Ltd.
  • Tata Steel Group
  • Tata Steel Europe Ltd.
  • thyssenkrupp Steel Europe AG
  • United States Steel Corporation

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • From Pandemic to War & Inflation: “Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • COVID-19 Crisis Induced Demand Erosion Hampers World Steel Industry in 2020
  • Demand for Steel Returns as the Pandemic Subsides
  • Hit by COVID-19 Outbreak, Steel Industry & Demand Returning to Normalcy
  • Regional Recovery Scenario
  • Healthy Prospects for Steel Demand in Developing Countries
  • Competitive Scenario
  • Leading Players in the World Steel Market
  • Top 20 Steel Producing Companies by Tonnage (2022)
  • Leading Steel Producing Companies (2022): Percentage Share Breakdown by Volume Production
  • Globalization & Rationalization Remain the Core Surviving Strategies for Steel Firms
  • Steel Firms Emphasize Restructuring of Operations
  • Moving Closer to Customers: The New Strategic Initiative
  • Innovations & Product Differentiation Grow in Focus among Vendors
  • Consolidation Picks up Pace
  • Wave of Latest Breakthroughs with Potential to Pave Way for Green, Sustainable Steel Economy
  • Select Innovations & Advancements
  • Steel - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • An Overview of the Global Market for Steel
  • Global Market Prospects & Outlook
  • Impact of the Ongoing Russia-Ukraine War on the Global Steel Market
  • Critical Importance of Steel in Every Aspect of Human Life to Create Conducive Environment for Future Growth
  • Properties of Different Types of Steel
  • A Snapshot of Steel End-Use Sectors
  • Roadmap for Sustainable Development of the Global Steel Industry
  • Regional Analysis
  • Raging Steel Sentiments in US on Back of Rising Finished Prices
  • China Holds the Key for Future Growth of Steel Industry
  • Steel Demand to Drop in Developing Economies before Notable Recovery
  • Indian Steel Industry Retains Glory & Set to Enjoy a Striking Leap Forward
  • World Steel Industry: Production, Exports & Imports
  • China Remains the Dominant Steel Exporter
  • Leading Steel Exporting Countries (2022): Exports (in Million Metric Tons) for China, Japan, European Union (27), South Korea, Germany, Türkiye, Russia, Italy, Belgium, Brazil, India, France, Taiwan, Netherlands, and Indonesia
  • European Union Becomes the Top Steel Importer
  • Leading Steel Importing Countries (2022): Imports (in Million Metric Tons) for European Union (27), USA, Germany, Italy, Türkiye, China, South Korea, Thailand, Belgium, Poland, France, Vietnam, Indonesia, Mexico, and Netherlands
  • Steel: An Overview
  • Steel Classification
  • Carbon Steels - Alloying Elements of Steel
  • Steel Manufacturing Process
  • Exploring Hydrogen for Steelmaking
  • Refining and Casting
  • Forming and Finishing
  • Steel Products (Semi-Finished & Finished)
  • A Brief Note on Major End-Use Segments
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Metals 4.0: The March of Progress for Steel Industry with Digital Transformation
  • Steel Manufacturing: Select Key Trends Prevailing in the Industry
  • Steel Industry Prospects Strongly Reliant on Global Construction Industry Scenario
  • Depressive Scenario in the World Construction Sector Weakens Momentum in the Steel Industry
  • Global Construction Spending (in US$ Trillion) for the Years 2020-2028
  • Global Value of Megacity Construction Projects (US$ Billion) in 2019
  • Prospects Remained Lackluster for Steel in Automotive Industry
  • World Automobile Production in Million Units: 2008-2022E
  • Ongoing Shift towards Lighter Weight Vehicles to Drive Future Demand for Automotive Steel
  • Breakdown of Automotive Material Mix: 2020
  • Lightweighting Trend in Auto Parts: Average Weight of a Passenger Car (In Kgs) for the Years 1990, 2000, 2006, 2016, 2019 & 2022E
  • Emissions Regulations Landscape in Major Countries/Regions
  • Steel Vs Aluminum: The Dilemma Continues for Better Lightweight Automotive Material
  • Critical Importance of Steel in Machinery Manufacturing Augurs Well for Future Growth
  • Manufacturing PMI Indices for Select Asian Countries for Jan 2020 to May 2020 (Historical Data)
  • Global PMI Index Points: Jan 2020 to Jan 2022 (Historical Data)
  • High Performance Steel Grades Gain Importance in Machinery Manufacturing
  • Relevance of Steel in Household Appliances & Metal Goods Domains Bodes Well for Future Growth
  • Metal Cans: Niche End-Use Segment
  • Sluggish Trajectory in Oil & Gas Sector Impedes Momentum in the Short-Term
  • Global Brent Crude Oil Price Trends in US$/barrel: May 2019-June 2020 (Historical Data)
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020 (Historical Data)
  • Recovery in Oil & Gas Sector Generates Parallel Opportunities for Steel Industry
  • Global Oil & Gas E&P Industry Spending (2015-2021E)
  • High Volume Opportunities in Shipbuilding
  • Carbon Steel Seeks to Widen Addressable Market
  • Global Finished Steel Market by Category (2022E): Percentage Breakdown of Production for Carbon Flat Steel, Carbon Long Steel, Specialty Long Steel, and Stainless Flat Steel
  • Demand for Stainless Steel Gains Momentum
  • Stainless Steel Continues to Reign Appliances Market
  • Growing Use Case in Diverse Applications Widens Future Prospects
  • World Stainless Steel Market (2022E): Percentage Breakdown of Volume Demand by Region
  • World Stainless Steel Market (2022E): Percentage Breakdown of Share by End-Market
  • Global Stainless Steel Market (2020): Percentage Breakdown of Production by Region (Historical Data)
  • Global Stainless Steel Market (2022E): Percentage Breakdown of Production by Segment
  • Global Stainless Steel Long Products Market (2022E): Percentage Breakdown of Share by Product Group
  • Global Stainless Steel Market (2022E): Percentage Breakdown by Product
  • The Long Steel Market
  • Demand for Special Long Steel on the Rise
  • Global Steel Demand (2022E): Percentage Breakdown of Consumption by Product Shape
  • Global Long Steel Market (2022E): Percentage Breakdown by Product
  • World Specialty Long Steel Market (2022E): Percentage Breakdown of Production by Category
  • Demand for HSS to Surge Over the Coming years, Especially from Marine, Aerospace and Automotive Industries
  • Widening Role of Electric Arc Furnace (EAF) in Steel Production Landscape
  • Steel Production by Manufacturing Process in Select Countries (2022)
  • Steel Industry Persists with its Energy Conservation Drive
  • Environmentally Friendly Approach Gains Focus
  • Steel Scrap Recycling: Robust Approach for Energy Conservation
  • Population Growth & Urbanization Favor Future Growth in Steel Market
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050P
  • Interplay of Prominent Trends with Implications for Steel Prices in Global Market
  • Steel Prices: A Play of Demand and Supply
  • Sharp Uptick in Demand after COVID-19 Pause Leads to Steel Shortage & Price Hikes
  • Skyrocketing Steel Prices in US Raise Speculations about Possible Bubble
  • AI Opportunities Etched in Steel
  • Steel Industry Set to Go the Greener Way with Upcoming Trends
  • Sustainability in Steel Industry Moves Full Steam Ahead with Innovative Techniques
  • De-Carbonization Wave Appears Poised to Expedite Green Switch for Stainless Steel
  • Challenges Stymying Expansion of Global Steel Industry
  • Challenge of Decarbonization: A Major Issue
  • Technology Playing Key Role
  • Hydrogen-Based Steel Production
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Steel Market Analysis of Annual Sales in Thousand Metric Tons for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 4: World 16-Year Perspective for Steel by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 7: World 16-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 10: World 16-Year Perspective for Machinery by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 13: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Metal Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Metal Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 16: World 16-Year Perspective for Metal Goods by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 19: World 16-Year Perspective for Household Appliances by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2022 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Consumption in Thousand Metric Tons for Years 2014 through 2021 and % CAGR
  • TABLE 22: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Volume Consumption for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • COVID-19 Impact: US Steel Industry Remains Jittery
  • Breakout Technology Trends Shaping Steel Industry in US
  • Strong Focus on Steel Quality Gives Competitive Edge to US Steel Industry
  • USMCA: A Major Milestone for North American Steel Industry and Supply Chains
  • COVID-19 Affects Steel Prices in the US
  • Impact of Russia-Ukraine War on the US Steel Industry
  • Construction Industry: An Overview
  • COVID-19 Casts Shadow on the US Construction Sector
  • Delayed Project Completion due to Holdup in Material Availability
  • Projected Growth (%) of the US Construction Market over the Period 2016-2024 by Sector
  • Number of States Limiting the Construction Industry due to COVID-19 as of April 2020
  • US Construction Spending in US$ Billion: Jan 2012 - Jan 2023E
  • Housing Projects Scenario during Pandemic
  • Key Indicators for US Residential Construction Market
  • NAHB/Wells Fargo Housing Market Index: April 2011 - April 2023
  • New Privately-Owned Housing Units (in ‘000) Authorized in Permit-Issuing Places, and Completed (June 2020 to March 2023)
  • Transportation and Automotive Sector: A Key Market for Steel
  • Pandemic Brings Vehicle Production to a Grinding Halt
  • Commercial Transportation Sector Hit by the Pandemic: The US Trucking Industry Sees Hope Despite Recession
  • US Vehicle Production (2013-2022E) (in Thousand Units)
  • Styled Steel Wheels and Steel Cords Make Inroads
  • Cutback in Shale Activity Impacts Steel Market
  • Changing Energy Mix & Demand for Steel LDPs
  • Demand for Steel Scrap Drops amid COVID-19 Pandemic
  • US Crude Steel Market: Percentage Breakdown of Volume Production by Type of Process - Electric Furnace and Oxygen Blown Converter
  • Competition
  • CANADA
  • JAPAN
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Brief Market Overview
  • Leading Players in the Japanese Steel Market (2021): Percentage Breakdown of Production for Nippon Steel, JFE Steel and Others
  • CHINA
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Surprising Recovery in China amid COVID-19 Pandemic to Boost Steel Fortunes
  • Faster Resurgence in China to Offset Shrinking Global Steel Demand
  • Steel Production to Drop over Medium-Term
  • Steel Production in China (2011-2022) (in Million Tons)
  • Chinese Stainless Steel Production (2021): Percentage Share Breakdown of Production by Type
  • Capacity Utilization (in %) for Steel Production in China (2011-2021)
  • Capacity Cuts, Pollution Reduction and Automotive and Construction Sectors Drive Steel Prices in China
  • Construction: The Largest Market for Steel
  • Automotive Industry Drives Demand for High-Strength Steel
  • Impact of the Pandemic on the Chinese Automotive Industry
  • Growing Demand for Bridge Steel Structure Augurs Well for the Market
  • Focus Grows on High Grade Steel
  • Industry Embraces Technological Innovation in Production
  • EUROPE
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • COVID-19 Exacerbates Already Challenging European Steel Market Situation
  • European Steel Market Faces Tough Time: Key Trends
  • Steel Industry: An Integral Part of European Economy
  • EU Steel Industry
  • Finished Steel Production in EU by Type (2022E): Percentage Breakdown of Volume Production by Type
  • Recovery in Construction Activity Post COVID-19 Pandemic to Sustain Growth in Demand
  • Challenges Facing the Market
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • TURKEY
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • COVID-19 Triggers Mixed Regional Performances for Steel Markets across Asia
  • INDIA
  • Steel Demand in India to Grow Marginally after Deep Cuts in Output during Lockdown
  • Indian Steel Sector to Embrace Digitization in a Big Way to become Self-Reliant
  • Why India Remains Weak-Kneed in Specialized Steel Production & Consumption?
  • External Headwinds Affecting Indian Steel Industry
  • SOUTH KOREA
  • TAIWAN
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • AFRICA
  • Steel Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Ansteel Group Corporation Ltd.
  • ArcelorMittal S.A.
  • EVRAZ plc
  • Gerdau S.A.
  • HBIS Group
  • HYUNDAI Steel Company
  • JFE Steel Corporation
  • Jiangsu Shagang Group
  • Nippon Steel Corporation
  • Nucor Corporation
  • POSCO
  • Riva Group
  • Shandong Iron and Steel Group Co. Ltd.
  • Shougang Group Co., Ltd.
  • Tata Steel Group
  • Tata Steel Europe Ltd.
  • thyssenkrupp Steel Europe AG
  • United States Steel Corporation