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Iron and Steel Smelting in China - Industry Market Research Report

Publisher IBISWorld
Published May 13, 2025
Length 36 Pages
SKU # IBSS20063968

Description

Iron and Steel Smelting in China

Revenue for the Iron and Steel Smelting industry has widely fluctuated over the past five years, growing as much as 36.4% in 2021 and declining as much as 8.3% in 2019. Industry revenue is expected to increase at an annualized 2.2% over the five years through 2023, to $198.0 billion. Industry revenue is anticipated to decrease by 0.6% in 2023. Profit margins have declined to 1.1% of industry revenue in 2023.

The Iron and Steel Smelting industry in China includes firms that manufacture hot metal, pig iron, cast iron, and cast iron pipes. Iron is extracted from iron ore in blast furnaces. Pig iron and scrap iron are refined, either in basic oxygen or electric arc furnaces, into crude steel. Besides iron ore, other materials like coke, refractory, and water are required in iron and steel smelting.

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

36 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY PERFORMANCE

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

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON

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