Market Research Logo

Balkans TMT Steel Bar Market by Diameter (6-8 MM, 8-12 MM, and 12 MM & Above), Application (Residential, Commercial, and Infrastructure), Grade (Fe-415, Fe-500, Fe-550, Fe-600, and Others), and Country (Macedonia, Kosovo, Albania, Serbia, Bosnia & Herzego

Balkans TMT Steel Bar Market by Diameter (6-8 MM, 8-12 MM, and 12 MM & Above), Application (Residential, Commercial, and Infrastructure), Grade (Fe-415, Fe-500, Fe-550, Fe-600, and Others), and Country (Macedonia, Kosovo, Albania, Serbia, Bosnia & Herzegovina, and Rest of Balkans) - Opportunity Analysis and Industry Forecast, 2018-2024

Thermo-mechanically treated (TMT) bars are fabricated through a metallurgical process, which combines work hardening with heat treatment for formulating a robust and high-strength product from low-carbon steel. These bars are high-strength reinforcement bars, which are widely used in the construction industry, due to their high ductility, resistance to corrosion, weldability, and other desirable physical properties.

The Balkan TMT steel bar market was valued at $1,769 million in 2017, and is anticipated to reach $4,065 million by 2024, registering a CAGR of 12.5% from 2018 to 2024. In terms of volume, this market accounted for 2,669 thousand tons in 2017, and is anticipated to reach 5,435 tons by 2024, registering a CAGR of 10.6% from 2018 to 2024.

Advantages offered by TMT steel bars over other products such as cold twisted deformed steel bars, upsurge in demand for low-cost reinforcement bars, and rise in construction projects such as dams and bridges in the Balkans are the key factors that augment the growth of the Balkan TMT steel bar market.

Furthermore, EU support and cooperation in coal & steel production in the Balkans is expected to boost the market growth. However, technical constraints such as bendability associated with higher grade TMT bars impede the market growth. Conversely, increase in investment by other countries such as China in Balkans heavy industry is anticipated to provide future growth opportunities to the market.

The Balkans TMT steel bar market is segmented based on diameter, application, grade, and country. On the basis of diameter, the market is divided into 6—8 mm, 8—12 mm, and 12 mm & above TMT steel bars. The applications covered in the study include residential, commercial and infrastructure. Depending on grade, the market is fragmented into FE-415, FE-500, FE-550, FE-600, and other. Country wise, it is analyzed across Macedonia, Kosovo, Albania, Serbia, Bosnia & Herzegovina, and rest of Balkans.

KEY BENEFITS

This report entails a detailed quantitative analysis of the current market trends from 2017 to 2024 to identify the prevailing opportunities along with strategic assessment of the Balkans TMT steel bar market.
Market volume, size, and estimations are based on comprehensive analysis of the grades, applications, and diameters of the products.
An in-depth country-based analysis assists to understand the regional market and facilitate the strategic business planning.
Key market players are thoroughly analyzed to understand the competitive outlook of the market.

KEY MARKET SEGMENTS

By Diameter

6—8 mm
8–12 mm
12 mm & above

By Application

Residential
Commercial
Infrastructure

By Grade

Fe-415
Fe-500
Fe-550
Fe-600
Others

Country

Macedonia
Kosovo
Albania
Serbia
Bosnia & Herzegovina
Rest of Balkans

The list of key players operating in this market includes:

ArcelorMittal Zenica
Balkan Steel Engineering Ltd.
Essar Steel
HBIS Group
HUS Ltd.
Metalopromet d.o.o. Kula
MMD
SIDERAL S.H.P.K.
SIJ Group
TATA Steel

The other players included in the value chain analysis (and not included in the report) include:

Eurometal Bulgaria Ltd.
Ovako Bulgaria
Metalfer Group


CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.1.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Surge in demand for low-cost reinforcement bars
3.4.1.2. Increase in construction projects such as dams and bridges
3.4.1.3. EU support & cooperation in coal & steel production
3.4.1.4. Advantages of TMT steel bar over high yielding strength deformed bars (HYSD)
3.4.1.5. Surge in of TMT use for building earthquake-resistant structures
3.4.1.6. Technological advancements in processing TMT bars
3.4.2. Restraint
3.4.2.1. Technical constraints associated with higher grade TMT bars
3.4.3. Opportunity
3.4.3.1. Investment by other countries such as China in Balkans heavy industry
3.4.4. Availability and consumption of steel scrap in Balkans, 2017-2024
3.4.5. Pricing analysis of steel scrap, 2017-2024
3.4.5.1. Pricing analysis of TMT steel bars, 2017-2024
3.4.6. List of top TMT steel bar buyers in Balkans
CHAPTER 4: BALKANS TMT STEEL BAR MARKET, BY DIAMETER
4.1. Overview
4.1.1. Market volume and forecast
4.1.2. Market size and forecast
4.2. 68 mm
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market volume and forecast
4.2.4. Market size and forecast
4.3. 812 mm
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market volume and forecast
4.3.4. Market size and forecast
4.4. 12 mm & above
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market volume and forecast
4.4.4. Market size and forecast
CHAPTER 5: BALKANS TMT STEEL BAR MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market volume and forecast
5.1.2. Market size and forecast
5.2. Residential
5.2.1. Key market trends
5.2.2. Growth factors and opportunities
5.2.3. Market volume and forecast
5.2.4. Market size and forecast
5.3. Commercial
5.3.1. Key market trends
5.3.2. Growth factors and opportunities
5.3.3. Market volume and forecast
5.3.4. Market size and forecast
5.4. Infrastructure
5.4.1. Key market trends
5.4.2. Growth factors and opportunities
5.4.3. Market volume and forecast
5.4.4. Market size and forecast
CHAPTER 6: BALKANS TMT STEEL BAR MARKET, BY GRADE
6.1. Overview
6.1.1. Market volume and forecast
6.1.2. Market size and forecast
6.2. Fe-415
6.2.1. Key market trends
6.2.2. Growth factors and opportunities
6.2.3. Market volume and forecast
6.2.4. Market size and forecast
6.3. Fe-500
6.3.1. Key market trends
6.3.2. Growth factors and opportunities
6.3.3. Market volume and forecast
6.3.4. Market size and forecast
6.4. Fe-550
6.4.1. Key market trends
6.4.2. Growth factors and opportunities
6.4.3. Market volume and forecast
6.4.4. Market size and forecast
6.5. Fe-600
6.5.1. Key market trends
6.5.2. Growth factors and opportunities
6.5.3. Market volume and forecast
6.5.4. Market size and forecast
6.6. Other grades
6.6.1. Key market trends
6.6.2. Growth factors and opportunities
6.6.3. Market volume and forecast
6.6.4. Market size and forecast
CHAPTER 7: BALKANS TMT STEEL BAR MARKET, BY COUNTRY
7.1. Overview
7.1.1. Market volume and forecast
7.1.2. Market size and forecast
7.2. Macedonia
7.2.1. Key market trends
7.2.2. Growth factors and opportunities
7.2.3. Market volume and forecast
7.2.4. Market size and forecast
7.3. Kosovo
7.3.1. Key market trends
7.3.2. Growth factors and opportunities
7.3.3. Market volume and forecast
7.3.4. Market size and forecast
7.4. Albania
7.4.1. Key market trends
7.4.2. Growth factors and opportunities
7.4.3. Market volume and forecast
7.4.4. Market size and forecast
7.5. Serbia
7.5.1. Key market trends
7.5.2. Growth factors and opportunities
7.5.3. Market volume and forecast
7.5.4. Market size and forecast
7.6. Bosnia & Herzegovina
7.6.1. Key market trends
7.6.2. Growth factors and opportunities
7.6.3. Market volume and forecast
7.6.4. Market size and forecast
7.7. Rest of Balkans
7.7.1. Key market trends
7.7.2. Growth factors and opportunities
7.7.3. Market volume and forecast
7.7.4. Market size and forecast
CHAPTER 8: COMPANY PROFILES
8.1. ArcelorMittal Zenica
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.2. Balkan Steel Engineering Ltd.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.3. Essar Steel
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.3.4. Business performance
8.4. HBIS Group
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.5. Metalopromet d. o. o. Kula
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.6. MMD
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio
8.7. SIDERAL S.H.P.K.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.8. SIJ Group
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves and developments
8.9. TATA Steel
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.10. HUS Ltd.
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
List of Tables
TABLE 01. AVAILABILITY OF STEEL SCRAP IN THE BALKANS, BY COUNTRY, 2017-2024 (THOUSAND TONS)
TABLE 02. CONSUMPTION OF STEEL SCRAP IN THE BALKANS, BY COUNTRY, 2017-2024 (THOUSAND TONS)
TABLE 03. PRICING ANALYSIS OF STEEL SCRAP IN THE BALKANS, BY COUNTRY, 2017-2024 ($/TON)
TABLE 04. PRICING ANALYSIS OF TMT STEEL BARS IN THE BALKANS, BY COUNTRY, 2017-2024 ($/TON)
TABLE 05. BALKANS TMT STEEL BAR MARKET, BY DIAMETER, 2017-2024 (THOUSAND TONS)
TABLE 06. BALKANS TMT STEEL BAR MARKET, BY DIAMETER, 2017-2024 ($MILLION)
TABLE 07. 68 MM BALKANS TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 08. 68 MM BALKANS TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 09. 812 MM BALKANS TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 10. 812 MM BALKANS TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 11. BALKANS TMT STEEL BAR MARKET FOR 12 MM & ABOVE (THOUSAND TONS), 2017-2024
TABLE 12. BALKANS TMT STEEL BAR MARKET FOR 12 MM & ABOVE ($MILLION), 2017-2024
TABLE 13. BALKANS TMT STEEL BAR MARKET, BY APPLICATION, 2017-2024 (THOUSAND TONS)
TABLE 14. BALKANS TMT STEEL BAR MARKET, BY APPLICATION, 2017-2024 ($MILLION)
TABLE 15. BALKANS TMT STEEL BAR MARKET FOR RESIDENTIAL APPLICATION (THOUSAND TONS), 2017-2024
TABLE 16. BALKANS TMT STEEL BAR MARKET FOR RESIDENTIAL APPLICATION ($MILLION), 2017-2024
TABLE 17. BALKANS TMT STEEL BAR MARKET FOR COMMERCIAL APPLICATION (THOUSAND TONS), 2017-2024
TABLE 18. BALKANS TMT STEEL BAR MARKET FOR COMMERCIAL APPLICATION ($MILLION), 2017-2024
TABLE 19. BALKANS TMT STEEL BAR MARKET FOR INFRASTRUCTURE APPLICATION (THOUSAND TONS), 2017-2024
TABLE 20. BALKANS TMT STEEL BAR MARKET FOR INFRASTRUCTURE APPLICATION ($MILLION), 2017-2024
TABLE 21. BALKANS TMT STEEL BAR MARKET, BY GRADE, 2017-2024 (THOUSAND TONS)
TABLE 22. BALKANS TMT STEEL BAR MARKET, BY GRADE, 2017-2024 ($MILLION)
TABLE 23. MECHANICAL PROPERTIES: FE-415
TABLE 24. BALKANS TMT STEEL BAR MARKET FOR FE-415 (THOUSAND TONS), 2017-2024
TABLE 25. BALKANS TMT STEEL BAR MARKET FOR FE-415 ($MILLION), 2017-2024
TABLE 26. MECHANICAL PROPERTIES: FE-500
TABLE 27. BALKANS TMT STEEL BAR MARKET FOR FE-500 (THOUSAND TONS), 2017-2024
TABLE 28. BALKANS TMT STEEL BAR MARKET FOR FE-500 ($MILLION), 2017-2024
TABLE 29. MECHANICAL PROPERTIES: FE-550
TABLE 30. BALKANS TMT STEEL BAR MARKET FOR FE-550 (THOUSAND TONS), 2017-2024
TABLE 31. BALKANS TMT STEEL BAR MARKET FOR FE-550 ($MILLION), 2017-2024
TABLE 32. MECHANICAL PROPERTIES: FE-600
TABLE 33. BALKANS TMT STEEL BAR MARKET FOR FE-600 (THOUSAND TONS), 2017-2024
TABLE 34. BALKANS TMT STEEL BAR MARKET FOR FE-600 ($MILLION), 2017-2024
TABLE 35. BALKANS TMT STEEL BAR MARKET FOR OTHER GRADES (THOUSAND TONS), 2017-2024
TABLE 36. BALKANS TMT STEEL BAR MARKET FOR OTHER GRADES ($MILLION), 2017-2024
TABLE 37. BALKANS TMT STEEL BAR MARKET, BY COUNTRY, 2017-2024 (THOUSAND TONS)
TABLE 38. BALKANS TMT STEEL BAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
TABLE 39. MACEDONIA TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 40. MACEDONIA TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 41. KOSOVO TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 42. KOSOVO TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 43. ALBANIA TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 44. ALBANIA TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 45. SERBIA TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 46. SERBIA TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 47. BOSNIA & HERZEGOVINA TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 48. BOSNIA & HERZEGOVINA TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 49. REST OF BALKANS TMT STEEL BAR MARKET (THOUSAND TONS), 2017-2024
TABLE 50. REST OF BALKANS TMT STEEL BAR MARKET ($MILLION), 2017-2024
TABLE 51. ARCELORMITTAL ZENICA: COMPANY SNAPSHOT
TABLE 52. ARCELORMITTAL: PRODUCT PORTFOLIO
TABLE 53. ARCELORMITTAL: PRODUCT PORTFOLIO
TABLE 54. BALKAN STEEL.: COMPANY SNAPSHOT
TABLE 55. BALKAN STEEL: PRODUCT PORTFOLIO
TABLE 56. BALKAN STEEL.: PRODUCT PORTFOLIO
TABLE 57. ESSAR STEEL: COMPANY SNAPSHOT
TABLE 58. ESSAR STEEL: PRODUCT PORTFOLIO
TABLE 59. HBIS: COMPANY SNAPSHOT
TABLE 60. HBIS: OPERATING SEGMENTS
TABLE 61. HBIS: PRODUCT PORTFOLIO
TABLE 62. METALOPROMET: COMPANY SNAPSHOT
TABLE 63. METALOPROMET: OPERATING SEGMENTS
TABLE 64. METALOPROMET: PRODUCT PORTFOLIO
TABLE 65. MMD: COMPANY SNAPSHOT
TABLE 66. MMD: PRODUCT PORTFOLIO
TABLE 67. SIDERAL: COMPANY SNAPSHOT
TABLE 68. SIDERAL: OPERATING SEGMENTS
TABLE 69. SIDERAL: PRODUCT PORTFOLIO
TABLE 70. SIJ GROUP: COMPANY SNAPSHOT
TABLE 71. SIJ GROUP: BUSINESS SEGMENT
TABLE 72. SIJ GROUP: PRODUCT PORTFOLIO
TABLE 73. TATA STEEL: COMPANY SNAPSHOT
TABLE 74. TABLE 92. TATA STEEL: OPERATING SEGMENTS
TABLE 75. TATA STEEL: PRODUCT PORTFOLIO
TABLE 76. HUS: COMPANY SNAPSHOT
TABLE 77. HUS: BUSINESS SEGMENTS
TABLE 78. HUS LTD.: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. BALKAN TMT STEEL BAR MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS
FIGURE 03. HIGH BARGAINING POWER OF BUYERS
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. MODERATE THREAT OF NEW ENTRANTS
FIGURE 06. LOW THREAT OF SUBSTITUTION
FIGURE 07. LOW COMPETITIVE RIVALRY
FIGURE 08. MARKET DYNAMICS
FIGURE 09. 68 MM BALKANS TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 10. 812 MM BALKANS TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 11. 12 MM & ABOVE BALKANS TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 12. BALKANS TMT STEEL BAR MARKET FOR RESIDENTIAL APPLICATION (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 13. BALKANS TMT STEEL BAR MARKET FOR COMMERCIAL APPLICATION (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 14. BALKANS TMT STEEL BAR MARKET FOR INFRASTRUCTURE APPLICATION (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 15. BALKANS TMT STEEL BAR MARKET FOR FE-415 (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 16. BALKANS TMT STEEL BAR MARKET FOR FE-500 (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 17. BALKANS TMT STEEL BAR MARKET FOR FE-550, BY GRADE (THOUSAND TONS AND $MILLION)
FIGURE 18. BALKANS TMT STEEL BAR MARKET FOR FE-600 (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 19. BALKANS TMT STEEL BAR MARKET FOR OTHER GRADES (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 20. MACEDONIA TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION)
FIGURE 21. KOSOVO TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 22. ALBANIA TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 23. SERBIA TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 24. BOSNIA & HERZEGOVINA TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 25. REST OF BALKANS TMT STEEL BAR MARKET (THOUSAND TONS AND $MILLION), 2017-2024
FIGURE 26. ARCELORMITTAL: NET SALES, 20152017 ($MILLION)
FIGURE 27. ARCELORMITTAL: REVENUE SHARE, BY SEGMENT, 2017 (%)
FIGURE 28. ARCELORMITTAL REVENUE BY GEOGRAPHY, 2017 (%)
FIGURE 29. ESSAR STEEL: NET SALES, 2014-2016 ($MILLION)
FIGURE 30. ESSAR STEEL REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 31. FIGURE 57. SIJ GROUP: NET SALES, 2015-2017 ($MILLION)
FIGURE 32. SIJ GROUP: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 33. SIJ GROUP: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 34. FIGURE 57. TATA STEEL: NET SALES, 2015-2017 ($MILLION)
FIGURE 35. FIGURE 58. TATA STEEL: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 36. FIGURE 59. TATA STEEL: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report