The global Steel market is forecast to reach USD 1,018.58 Billion by 2027 and will grow at a rate of around 2.3% during the period 2020-2027, according to a new report by Reports and Data.
New York, NY -- (SBWIRE) -- 12/21/2020 -- Reports and Data has recently added a new report titled "Global Steel Market Forecasts to 2027" to its ever-expanding repository. The report provides extensive coverage of the Steel market pertaining to market size, share, volume, trends, demands, and advancements in technology and products. The report also discusses in detail the lucrative business opportunities and assists the readers in making strategic investment plans. The report presents a comprehensive overview of the market along with a thorough analysis of the competitive landscape and the regional spread of the market.
The steel market is set to attain a valuation of USD 1,018.58 Million by 2027, registering a CAGR of 2.3%, according to the latest report by Reports and Data. Steel has a unique combination of formability, strength, and versatility that provides a strong framework for the market. The applications of steel are widespread in several industries including, infrastructure and construction, equipment, domestic and electric appliances, automobile sector, and defense.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3009
Key Highlights from the Steel Market Report:
Comprehensive overview of the Steel market along with detailed analysis of the current and emerging trends of the industry.
Detailed analysis of the competitive landscape of the market with company profile, product portfolio, and expansion strategies
Comprehensive assessment of the mergers and acquisitions, joint ventures, partnerships, and other collaborations
In-depth regional analysis to provide a detailed understanding of the market spread and competition in key regions of the market
Complete assessment of the risks, trends, demands, opportunities, and threats in the industry
Strategic recommendations to the new players and established countries to assist them in gaining a strong foothold in the market
The report on the global Steel market discusses in depth the current and emerging trends of the industry, along with an assessment of the emerging trends. It also discusses in detail the advancements in the technological and product sector. The report also provides a detailed analysis of the competition in the market.
The key players operating in the industry are
ArcelorMittal, NSSMC, Hebei Iron and Steel Group, Baosteel, Wuhan Iron and Steel Group, Posco, Jiangsu Shagang, Tata Steel Group, Hyundai Steel Company and JFE Steel Corporation.
The segment further discusses in detail the mergers and acquisitions, collaborations and joint ventures, partnerships, government and corporate deals, and other strategic alliances of the industry.
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3009
The report further segments the Steel market on the basis of type, technology, application spectrum, and regions.
Based on the Product, the market is segmented into
Structural steel products
Shipbuilding
Pipes
Petrochemical Wells
Wires
Fittings
Kitchen Appliances
Based on the type, the market is segmented into
Carbon Steel
Alloy Steel
Stainless Steel
Tool Steel
Based on applications, the market is segmented into
Infrastructure and Construction
Equipment
Automobile Sector
Domestic and Electric Appliances
Defense
To know more about the report, visit @ https://www.reportsanddata.com/report-detail/steel-market
The report further segments the market on the basis of key regions where the market has already established its presence. The regional analysis covers the supply and demand ratio, production and consumption patterns, trends, import/export, and the presence of key manufacturers in the regions.
Regional analysis covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Thank you for reading our report. To inquire about customization or any query about the report, please get in touch with us. Our team will make sure the report is best suited to your needs.
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com