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The iron and steel market is forecasted to grow by USD 478.1 billion during 2023-2028, accelerating at a CAGR of 5.65% during the forecast period. The report on the iron and 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 upsurge in consumption of high-strength stainless steel, economic growth in china and india boosting demand for iron and steel, and increasing awareness regarding corrosion resistance and excellent mechanical properties of alloys of iron and steel.
The iron and steel market is segmented as below:
By End-user
- Construction
- Machinery
- Transportation
- Metal goods
- Others
By Type
- Steel
- Iron
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the iron and steel market covers the following areas:
- Iron and steel market sizing
- Iron and steel market forecast
- Iron and steel 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 Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global iron and steel market: Ansteel Group Corp. Ltd., ArcelorMittal, China BaoWu Steel Group Corp. Ltd., Cleveland Cliffs Inc., EVRAZ Plc, HBIS Group Co. Ltd., Hitachi Ltd., Hyundai Steel Co., JFE Holdings Inc., Jiangsu Shagang International Trade Co. Ltd., JSW Group, Nippon Steel Corp., Nucor Corp., Olympic Steel, POSCO holdings Inc., Reliance Inc, Steel Authority of India Ltd., Steelmor Industries, Sumitomo Electric Industries Ltd., Tata Steel, Ternium, thyssenkrupp AG, TimkenSteel Corp., Vale SA, Varma Steel, and Voestalpine 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 stainless 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
- China BaoWu Steel Group Corp. Ltd.
- Cleveland Cliffs Inc.
- EVRAZ Plc
- HBIS Group Co. Ltd.
- Hitachi Ltd.
- Hyundai Steel Co.
- JFE Holdings Inc.
- Jiangsu Shagang International Trade Co. Ltd.
- JSW Group
- Nippon Steel Corp.
- Nucor Corp.
- Olympic Steel
- POSCO holdings Inc.
- Reliance Inc
- Steel Authority of India Ltd.
- Steelmor Industries
- Sumitomo Electric Industries Ltd.
- Tata Steel
- Ternium
- thyssenkrupp AG
- TimkenSteel Corp.
- Vale SA
- Varma Steel
- Voestalpine AG
