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The steel market is forecasted to grow by USD 307.4 billion during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the steel 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 urbanization and infrastructure development, industrialization in emerging economies, and automotive industry growth.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The steel market is segmented as below:
By Type
- Flat steel
- Long steel
By Application
- Structural steel
- Automotive steel
- Electrical steel
- Packaging steel
By End-user
- Construction
- Transportation
- Machinery
- Metal goods
- Others
By Method
- Basic oxygen furnace
- Electric arc furnace
- Open hearth furnace
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the steel market covers the following areas:
- Steel Market sizing
- Steel Market forecast
- Steel Market industry analysis
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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Market Segmentation by End-user
11 Market Segmentation by Method
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global steel market: Ansteel Group Corp. Ltd., ArcelorMittal SA, Baosteel Group Corp., Beijing Shougang Co. Ltd., Gerdau SA, HBIS Group Co. Ltd., JFE Holdings Inc., JSW Steel, Nippon Steel Corp., Nucor Corp., PAO Severstal, POSCO holdings Inc., Salzgitter AG, Shagang Group Inc., SSAB AB, Steel Dynamics Inc, Tata Steel Ltd., Tenaris SA, thyssenkrupp AG, and United States Steel Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is shift toward sustainable production."
According to the report, one of the major drivers for this market is the urbanization and infrastructure development.
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 SA
- Baosteel Group Corp.
- Beijing Shougang Co. Ltd.
- Gerdau SA
- HBIS Group Co. Ltd.
- JFE Holdings Inc.
- JSW Steel
- Nippon Steel Corp.
- Nucor Corp.
- PAO Severstal
- POSCO holdings Inc.
- Salzgitter AG
- Shagang Group Inc.
- SSAB AB
- Steel Dynamics Inc
- Tata Steel Ltd.
- Tenaris SA
- thyssenkrupp AG
- United States Steel Corp.
