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Basic Steel Processing in the UK - Industry Market Research Report

Publisher IBISWorld
Published May 30, 2024
Length 57 Pages
SKU # IBSS18859833

Description

Basic Steel Processing in the UK - Industry Market Research Report


Basic Steel Processing in the UK

Over the five years through 2022-23, revenue is expected to grow at a compound annual rate of 5.7%. The oversupply of cheap steel on the global market has threatened revenue but also lowered costs. A strong recovery in the construction sector has driven the growth in steel processing following the COVID-19 outbreak. Steel product manufacturers struggled with foreign steel import quotas and while there are no longer tariffs on UK steel exported to the US, EU restrictions have been damaging.

Firms in this industry manufacture a range of steel products, such as bars, strip, sections and wire. All products are manufactured by using cold processing methods, such as cold rolling, forming and drawing.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

57 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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