The Global Steel Market to be Worth $1,195 bn in 2012 Says Visiongain Report
LONDON, September 4, 2012 /PRNewswire/ --
Visiongain's analysis indicates that the global steel market will reach a value of $1,195bn in 2012. Steel Prices are under downward pressure around the globe due to weak demand and economic slowdown.
The Visiongain author of The Steel Market Analysis, Financials & Forecasting 2012-2022 report commented that 'Steel demand is highly correlated with macroeconomic indicators such as GDP growth, and government expenditures. Due to the debt crisis in the EU and slowing down in the GDP growth rate in countries such as China and India, growth in global steel demand will slightly decline in 2012 compared to the previous year. Construction will remain the major end-use sector followed by automotive and machinery. These aforementioned three sectors will remain the leading end use sectors during the forecast period."
The steel industry will be faced with important constraints and challenges over the next decade including steel and raw materials price volatility, overcapacity, growing protectionism, and economic stagnation in advanced economies. This report offers an examination of the steel market over the next decade, providing detailed market forecasts for leading national markets, and offering in-depth analysis of the opportunities and challenges facing companies in the steel market throughout the world. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the steel market.
The Steel Market Analysis, Financials & Forecasting 2012-2022 report contains 210 tables, charts and graphs that add visual analysis in order to explain developing trends within the steel market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global steel market, as well as for 8 end-use sectors (construction, machinery, transport, appliances, energy, fabrication, shipbuilding, others). In addition, 13 leading national steel markets are forecasted by market value, consumption, production and balance and analysed by Visiongain over the period 2012-2022. The report also provides SWOT and PEST analysis of the global steel market. The report provides profiles of 21 leading companies operating within the market, and includes 3 interviews with leading steel experts, providing expert insight alongside Visiongain analysis.
The Steel Market Analysis, Financials & Forecasting 2012-2022 report will be of value to steel producers, distributors, traders, service centers, as well as companies and research centers who wish to broaden their knowledge of the steel industry.
For sample pages and further information concerning the Visiongain report The Steel Market Analysis, Financials & Forecasting 2012-2022 please visit http://www.visiongain.com/Report/860/The-Steel-Market-Analysis-Financials-Forecasting-2012-2022
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
Table of Contents
1. Executive Summary
1.1 Drivers and Restraints in the Steel Market
1.2 Benefits of this Report
1.3 Highlights of this Report
1.4 Steel Market Forecast 2012-2022
1.5 Steel Consumption Forecast 2012-2022
1.6 Steel Production Forecast 2012-2022
1.7 Leading Steel End-Use Markets Forecast 2012-2022
2. Introduction to the Steel Market
2.1 Types of Steel
2.2 The Steel-Making Process
2.3 Types of Finished Steel Products
2.3.1 Semi-Finished Steel
2.3.2 Flat Steel Products
2.3.3 Long Steel Products
2.3.4 Pipes and Tubes
2.4 End-Use Sectors of Steel
2.4.1 Construction
2.4.2 Machinery
2.4.3 Transport
2.4.4 Appliances
2.4.5 Energy
2.4.6 Fabrication
2.4.7 Shipbuilding
2.4.8 Others
2.5 Changes in the Structure of the Steel Industry
3. The Global Steel Market 2012-2022
3.1 The Global Steel Market Forecast 2012-2022
3.2 The Global Steel Production Forecast 2012-2022
3.3 The Global Steel Consumption Forecast 2012-2022
3.4 Drivers and Restraints in the Global Steel Market 2012-2022
4. Steel End-Use Sectors 2012-2022
5. Leading National Steel Markets 2012-2022
5.1 Chinese Steel Market Outlook 2012-2022
5.2 Indian Steel Market Outlook 2012-2022
5.3 Japanese Steel Market Outlook 2012-2022
5.4 South Korean Steel Market Outlook 2012-2022
5.5 German Steel Market Outlook 2012-2022
5.6 French Steel Market Outlook 2012-2022
5.7 Italian Steel Market Outlook 2012-2022
5.8 Spanish Steel Market Outlook 2012-2022
5.9 The US Steel Market Forecast 2012-2022
5.10 Canadian Steel Market Analysis 20212-2022
5.11 Mexican Steel Market Analysis 2012-2022
5.12 Russian Steel Market Analysis 2012-2022
5.13 Ukrainian Steel Market Analysis 2012-2022
6. PEST Analysis of the Global Steel Market 2012-2022
6.1 Political Factors
6.1.1 Wave of Government Protectionism
6.1.2 Political Discord within the Eurozone
6.2 Economic Factors
6.2.1 Production Overcapacity
6.2.2 Rising Input Costs
6.2.3 Sovereign Risk
6.2.4 Economic Growth in Emerging Economies
6.3 Social Factors
6.3.1 Environmental Concerns
6.3.2 Major Initiatives to Minimise Environmental Impact
6.4 Technological Factors
6.4.1 Technological Advancement in Steel Making
6.4.2 Competition from Substitutes
7. SWOT Analysis of the Global Steel Market 2012-2022
7.1 Strengths
7.1.1 An Essential Commodity
7.1.2 Recyclable in Nature
7.1.3 Growing Demand
7.2 Weaknesses
7.2.1 Volatile Nature of Steel Prices
7.2.2 Relies Heavily on Industrialisation and Urbanisation
7.3 Opportunities
7.3.1 Use of Steel in the Reduction of CO2
7.3.2 Rising Demand from Emerging Economies
7.4 Threats
7.4.1 Maturing Markets
7.4.2 Feasibility of Substitutes
7.4.3 Environmental Lobby
8. Expert Opinion
8.1 Juan Jose Prado, Marketing Specialist at Orinoco Iron S.C.S
8.1.1 The Venezuelan DRI/HBI Industry in the Global Context
8.1.2 The Venezuelan DRI/HBI Industry Performance in the Last Two Years
8.1.3 The Current and Forecast Prices of HBI
8.1.4 Limitations in the Venezuelan DRI/HBI Industry and Opportunities in India and Middle East
8.1.5 Challenges and Opportunities in the Global DRI/HBI Market in the Next Ten Years
8.1.6 The Current Global DRI Production and Capacity, and Ten Years Market Outlook
8.1.7 Venezuelan DRI/HBI Exports and its Major Exporting Regions
8.2 Roger Emmott, Managing Director, Roger Emmottt Associates Limited
8.2.1 The Current Steel Market and Recovery
8.2.2 Demand for New Steel Plants in the Leading Regions during the Next Ten Years
8.2.3 New Crude Steel Production Capacity During the Next Ten Years
8.2.4 The Impact of Environment on the European Steel Industry
8.2.5 The Performance of the European Construction and Automotive Sectors During the Next Ten Years
8.2.6 The Steel and Iron Ore Price Dynamics in the Next Ten Years
8.2.7 The Impact of Steel Substitutes on Steel Applications
8.3 Dr. Sudarshan Singh, Chairman ANT Steel Engineers Pvt Limted
8.3.1 Regional Steel Market Outlook and Capacity Expansion Plans
8.3.2 Challenges and Opportunities Facing the Steel Industry
8.3.3 End-Use Market Performance in the Steel Industry
8.3.4 The Global Steel Market Growth Rates Over the Period 2012-2022
8.3.5 The Dynamics of Steel Recycling in the Next Ten Years
8.3.6 Indian Steel Market in the Next Ten Years
9. Leading Companies in the Steel Market
9.1 Anshan Iron and Steel Group Corporation (Ansteel)
9.2 ArcelorMittal
9.3 Baosteel Group Corporation
9.4 Evraz
9.5 JFE Holdings, Inc.
9.6 Gerdau S.a
9.7 Riva Group
9.8 Hyundai Steel
9.9 Shagang Group
9.10 Nippon Steel Corporation
9.11 Novolipetsk Steel (NLMK)
9.12 Nucor Corporation
9.13 Pohang Iron & Steel Co, Ltd (POSCO)
9.14 Severstal
9.15 Steel Authority of India (SAIL)
9.16 Sumitomo Metal Industries, Ltd.
9.17 TATA Steel
9.18 Techint Group
9.19 ThyssenKrupp AG
9.20 US Steel Corporation
9.21 Wuhan Iron and Steel (Group) Corporation (WISCO)
10. Conclusions
10.1 The Global Steel Production and Consumption Forecast 2012-2022
10.2 The Global Steel Market Forecast 2012-2022
10.3 Leading Steel End-Use Consumption Forecasts 2012-2022
10.4 Drivers and Restraints in the Steel Market 2012-2022
11. Glossary
For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com, Tel: +44(0)207-336-6100
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44(0)207-336-6100
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