The steel industry has gone through many phases of development. In the recent past, the issues for the European industry were mainly local in nature, such as elimination of state intervention and restructuring of the industry following the collapse of Communism. Today, the issues are different, with globalization and climate change being the most significant.
Recent couple of years has witnessed a lot of fluctuation in the German steel industry. The steel industry in Germany recovered in 2011, following which the industry has again been undergoing a steady decline. Going forward, the industry is not expected to see much change, with volume growth expected to continue in a flat, but stable, manner till 2018.
Low steel prices continued to plague steelmakers in 2014 along with high prices of raw materials unfavorable global economic conditions and overcapacity in the markets. ThyssenKrupp AG, Salzgitter AG and ArcelorMittal were the leading players in the German steel industry in 2013, with ThyssenKrupp and Salzgitter together accounting for nearly 45% of the market.
Aruvian Research focuses on German steel industry in its research report Analyzing the Steel Industry in Germany. The report is a complete guide to all the recent developments going on in the industry, along with an in-depth analysis on market statistics, market structure, market share analysis, a Porter’s Five Forces analysis of the German steel industry and much more.
Detailed profiles of major global steel industry players along with domestic steel players add a boost to the potential of this report for investors and researchers alike!