'The Global Steel Market to be Worth $1.317 Trillion in 2011' says Visiongain
LONDON, October 20, 2011 /PRNewswire/ --
http://www.visiongain.com/Report/702/The-Steel-Market-Analysis-Financials-Forecasting-2011-2021
Since the industrial revolution, steel has been the essential material used in the maintenance and expansion of the global economy. But shortages of iron ore and coking coal coupled with a high oil price have meant that the steel industry today faces significant challenges. With the rise of China, the steel market -- and all commodity markets -- has experienced a reawakening like never before. China's rapid industrialisation and frantic urbanisation, coupled with rapid industrial developments in the other BRIC nations, has meant a reinvigoration of the steel industry and a renewed interest in steel, iron ore and coking coal by the investment community. High levels of capital investments, R&D and the scramble for steel inputs in Africa, have all followed in the wake of the rising demand for steel and its primary inputs. Visiongain's The Steel Market Analysis, Financials & Forecasting 2011-2021 report calculates the global steel market to be worth $1.317 trillion in 2011.
The industry will be faced with important constraints and challenges over the next decade including a rising and volatile steel price, shortages of inputs, overcapacity, growing protectionism, inflation in China, and economic stagnation in advanced economies. This report offers an examination of the steel market over the next decade, providing detailed market forecasts for each of the regional 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. Several original indicators are included to more accurately assess the future direction of the global steel market including per capita steel consumption rates, demographic trends in China, new legislation in the automobile industry and more.
Visiongain's The Steel Market Analysis, Financials & Forecasting 2011-2021 report details the prospects for this dynamic metal with detailed forecasts from 2011-2021. The report will be valuable to those already involved in the steel market or to those wishing to enter this important market in the future.
The Steel Market Analysis, Financials & Forecasting 2011-2021 report includes 145 tables, charts and graphs quantifying and forecasting the market in detail with 8 regions forecast in detail for market value, consumption and production with further analysis of the 16 leading national markets. In addition, the report offers profiles of 21 of the leading companies involved in the steel market. Expert opinion is also provided from Voestalpine
and SSAB.
For sample pages please click on: http://www.visiongain.com/Report/702/The-Steel-Market-Analysis-Financials-Forecasting-2011-2021
Web: http://www.visiongain.com
Table of Contents
1. Executive Summary
1.1 The Global Steel Market
1.2 Summary of Drivers and Restraints in the Steel Market
1.3 Benefits of this Report
1.4 Highlights of this Report
1.5 Overview of this Report
1.6 The Global Steel Market Forecast 2011-2011
1.6.1 Global Steel Market Forecast 2011-2021
1.6.2 Global Steel Consumption Forecast 2011-2021
1.6.3 Global Steel Production Forecast 2011-2021
1.6.4 Leading Steel Sub-Markets Forecast 2011-2021
1.6.5 Leading Regional Steel Markets Forecast 2011-2021
1.6.6 Leading National Steel Production Analysis
2. Introduction to the Steel Market
2.1 The Steel-Making Process
2.2 Types of Steel
2.3 Types of Finished Steel Products
2.4 An Overview of the Current Steel Market
2.5 Primary Economic Drivers and Restraints in the Steel Market
2.6 Protectionism: A Key Challenge
2.7 Dramatic Changes in the Structure of the Steel Industry
3. The Global Steel Market 2011-2021
3.1 Global Steel Market Forecast 2011-2021
3.2 Global Steel Production Forecast 2011-2021
3.2.1 Regional Steel Production: Short-Term Summary
3.3 Global Steel Consumption Forecast 2011-2021
3.4 Trends Prevailing in the Steel Industry
3.4.1 Steel Prices
3.4.2 Changing Pricing System
3.4.3 The Long View: Demographics & Per Capita Steel Consumption
3.5 Major Steel Consuming Sectors 2011-2021
3.5.1 Automotive Sector
4. Regional Steel Markets and Leading National Markets
4.1 Post-2010 Progress in Steel Production
4.2 Steel Trading Patterns
4.3 Regional Steel Market Forecasts 2011-2021
4.4 Asian Steel Market Forecast 2011-2021
4.4.1 Chinese Steel Market Analysis
4.4.2 Indian Steel Market Analysis
4.4.3 Japanese Steel Market Analysis
4.5 European Steel Market Forecast 2011-2021
4.6 North American Steel Market Forecast 2011-2021
4.6.1 United States Steel Market Analysis
4.6.2 Canadian Steel Market Analysis
4.6.3 Mexican Steel Market Analysis
4.7 CIS Steel Market Forecast 2011-2021
4.7.1 Russian Steel Market Analysis
4.7.2 Ukrainian Steel Market Analysis
4.8 Middle Eastern Steel Market Forecast 2011-2021
4.8.1 UAE Steel Market Analysis
4.8.2 Saudi Arabian Steel Market Analysis
4.8.3 Iranian Steel Market Analysis
4.9 South American Steel Market Forecast 2011-2021
4.9.1 Brazilian Steel Market Analysis
4.10 African Steel Market Forecast 2011-2021
4.10.1 South African Steel Market Analysis
4.10.2 Egyptian Steel Market Analysis
4.11 Oceania Steel Market Forecast 2011-2021
4.11.1 Australian Steel Market Analysis
4.11.2 New Zealand Steel Market Analysis
5. PEST Analysis of the Global Steel Market 2011-2021
5.1 Political Factors
5.1.1 Wave of Government Protectionism
5.1.2 Political Discord within the Eurozone Straightjacket
5.2 Economic Factors
5.2.1 Production Overcapacity
5.2.2 Rising input costs
5.2.3 Sovereign Risk
5.2.4 China Rebalancing
5.3 Social Factors
5.3.1 Environmental Concerns
5.3.2 Major Initiatives to Minimise Environmental Impact
5.4 Technological Factors
5.4.1 Technological Advances in Steel Making
5.4.2 Technological Change Induced by Competition from Aluminium
6. SWOT Analysis of the Global Steel Market 2011-2021
6.1 Strengths
6.1.1 Essential Commodity for Industry
6.1.2 Recyclable in Nature
6.1.3 Inelastic Short-Term Demand
6.2 Weaknesses
6.2.1 Volatile Nature of Steel Prices
6.2.2 Relies Too Heavily on Industrialisation and Urbanisation
6.3 Opportunities
6.3.1 Use of Steel in the Reduction of CO2
6.3.2 Rising Demand from Emerging Economies
6.4 Threats
6.4.1 Maturing Markets
6.4.1 Feasibility of Substitutes
6.4.2 Environmental 'Lobby'
7. Expert Opinion
7.1 Thom Mathisen, Acting Head of Business Area EMEA (Europe, Middle East and Africa), SSAB
7.1.1 SSAB's Focus in the Steel Value Chain
7.1.2 Regions With Strong Steel Demand Growth
7.1.3 The Changed Steel Pricing System
7.1.4 Difficulty in Predicting the Steel Market
7.1.5 Rising Input Costs for Steel
7.1.6 Challenges Facing the Steel Industry
7.2 Gerhard Kuerner, Head of Corporate Communications, Voestalpine
7.2.1 Regions With Steel Demand Growth
7.2.2 Changes in the Steel Pricing System
7.2.3 State Subsidies for Steel Prices
7.2.4 Forecast Growth in Steel Usage
7.2.5 The Advantages of Vertical Integration
7.2.6 Rising Input Costs for Steel
8. Leading Companies in the Steel Market
8.1 Angang Iron and Steel Group Corporation (Ansteel)
8.2 ArcelorMittal
8.3 Baosteel Group Corporation
8.4 Evraz Vitkovice Steel
8.5 JFE Holdings, Inc.
8.6 Gerdau
8.7 Gruppo Riva
8.8 Hyundai Steel
8.9 Jiangsu Shagang Group (Shasteel)
8.10 Nippon Steel Corporation
8.11 Novolipetsk Steel (NLMK)
8.12 Nucor Vulcraft Group
8.13 Pohang Iron & Steel Co, Ltd (POSCO)
8.14 Severstal
8.15 Steel Authority of India (SAIL)
8.16 Sumitomo Metal Industries, Ltd.
8.17 TATA Steel
8.18 Techint Group
8.19 ThyssenKrupp AG
8.20 US Steel Corporation
8.21 Wuhan Iron and Steel (Group) Corporation (WISCO)
9. Conclusion
9.1 The Growth of the Steel Industry: Market Overview
9.2 Global Steel Production and Consumption Forecast 2011-2021
9.3 Global Steel Market Forecast 2011-2021
9.4 Leading Steel Sub-markets Consumption Forecasts 2011-2021
9.5 Leading Regional Steel Markets Forecast 2011-2021
9.6 Drivers and Restraints in the Steel Market 2011-2021
9.7 The Global Steel Market Outlook 2011-2021
10. Glossary
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.
For an exec summary please contact sara.peerun@visiongainglobal.com
Tel+44-207-336-6100
Fax: +44-207549-9930
Share this article