Steel Market Overview | The construction sector generates

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Steel market

Steel market 2021:

The report also tracks the latest market restraints such as driving factors, restraining factors, and industry news such as mergers, acquisitions, and investments. It offers the market size, market share, growth rate by types, applications and both qualitative and measurable methods for making micro and macro forecast in different regions or countries.

Steel market research presents a study by combining primary and secondary research. The report gives an overview of the key factors related to the production and limitation of the growth of the steel market.

China and Japan are the main steel exporters. In 2017, they collectively produced 935.7 million metric tonnes of crude steel, followed by the United States with 104.7 million metric tonnes. China has a steel production capacity ten times that of the United States. India and Russia produced about 101.4 million and 71.3 million metric tonnes, respectively.

The construction sector generates nearly $ 1.3 trillion in infrastructure annually.

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Main points covered in this report:

• Market overview:
• Main conclusions
• Introduction
• SWOT analysis
• Market size and trends

Steel Market Segment by Manufacturers includes:

Nucor Corporation, Shougang Group, Hyundai Steel Co., Ltd, ArcelorMittal SA, Kingspan Group, Jiangsu Shagang Group, POSCO, Shangdong Iron and Steel Group Co., Ltd, Gerdau SA, Tata Steel, Maanshan Iron and Steel, Hesteel Group, Nippon Steel, Wuhan Iron and Steel Cor, Baosteel Group, Thyssenkrupp Steel Europe AG.

The United States and Germany lead the way in terms of imports. In 2018, China was the largest producer of steel; However, at present, the coronavirus outbreak has disrupted the country’s steel production.

In addition, the report also studies competitive developments such as mergers and acquisitions, new companies, new contracts, and new product developments in the global steel industries. Past trends and future forecast included in this report make it very understandable for market analysis. In addition, the latest trends, product portfolio, demographics, geographic segmentation and regulatory framework of steel markets were also included in the study.

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Market segmentation :

By type: Carbon steel, Alloy steel, Stainless steel, Tool steel

By application: Industrial structures, Building and infrastructure, Automotive, Electrical appliances, Tools and machines

This report focuses on the steel in the global steel market specifically in:

• North America (United States, Canada and Mexico)
• Europe (Germany, France, United Kingdom, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America, Middle East and Africa.

Regional market analysis:

• Industry overview
• Company profiles
• Abstract
• Market research

Key questions addressed by the report:

• What is the current size of the global steel market?
• To what extent has Covid-19 impacted the steel market in 2021?
• What are the main drivers and constraints of the steel market?
• How is the steel market expected to evolve over the forecast period 2021 – 2029?

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