Industry Press Releases

Mild Steel - Global Market Outlook (2016-2022)

Wednesday, Jun 07, 2017

According to Stratistics MRC, the global Mild Steel Market is accounted for $XX million in 2016 and expected to grow at a CAGR of XX% to reach $XX million by 2022. Factors such as global regulation on carbon and environment safety, multispeed regional growth, rise in urbanization and wide range of applications are driving the market growth. However, volatility in the prices of raw materials, low corrosion and oxidation resistance and availability of alternative metals such as Tungsten, Chromium, Nickel, Molybdenum, Manganese, Vanadium, etc are hampering the market growth. Further, a slowing domestic real estate market remains the biggest downside risk for steel.

Europe will be followed by North America and Latin America because of presence of many automobile manufacturers. Asia Pacific will grow significantly due to increasing construction work and demand from end user industries in India and China.

Some of the key players in global Mild Steel market are ArcelorMittal, Baosteel Group, Curtis Steel Company Steel Company, Hansteel Industries Co. Ltd, Kisaan Steels, Metiz LLC, Nippon Steel & Sumitomo Metal Corporation, POSCO, SHAGANG GROUP Inc and The Ansteel Group Corporation.

Applications Covered:

- Automotive Parts
- TMT Bars
- Tools
- Wire
- Other Applications

End Users Covered:

- Automotive Industry
- Heavy Engineering Equipment and Machine Tools Industry
- Home Appliance Industry
- Housing & Construction Industry
- Shipping Industry
- Other End Users

Products Covered:

- Angle Steel
- Joist Steel
- Steel Plate
- Steel Tube
- U-steel

Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Source:prnewswire.com

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