The global steel market to be worth $1.317 trillion in 2011' says visiongain
Since the industrial revolution, steel has been the essential material used in the maintenance and expansion of the global economy. Shortages of iron ore and coking coal with a high oil price have meant that the steel industry faces challenges.
- (1888PressRelease) October 21, 2011 - 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 visit http://www.visiongain.com/Report/702/The-Steel-Market-Analysis-Financials-Forecasting-2011-2021
For an exec summary please contact sara.peerun ( @ ) visiongainglobal dot com
Tel+44 207 336 6100
Fax: +44 207549 9930
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun ( @ ) visiongainglobal dot com or call her on +44 (0) 207 336 6100