Steel Rolling & Drawing in the US - Industry Market Research Report
Description
Steel Rolling & Drawing in the US
The industry produces intermediary steel products, including cold-rolled sheets, strips, rods, bars and wires, from purchased steel, which may be sourced from domestic steel manufacturers or imported. Plants can produce various shapes through the rolling process, while the only industry-relevant drawn product is wire of various grades and gauges. The industry doesn't include the production of similar products as part of a vertically integrated manufacturing process or the distribution of steel products to downstream markets. Industry revenue fell at a CAGR of 1.0% to $15.3 billion over the past five years, including a decrease of 5.5% in 2023, falling from the rebound from COVID-19-induced declines in 2020. Along with revenue industry profit, measured as earnings before interest and taxes, has notably fallen during the period, accounting for an estimated 3.9% of revenue in 2023.
Companies in this industry roll or draw purchased steel, which may be sourced from domestic steel manufacturers or imported from abroad. Companies produce various shapes through the rolling process, while the only drawn product is wire of various grades and gauges. Typically, the end product is made to conform to customer specifications. The industry does not include companies that roll or draw steel they manufacture themselves or metal service centers that distribute steel products.
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.
The industry produces intermediary steel products, including cold-rolled sheets, strips, rods, bars and wires, from purchased steel, which may be sourced from domestic steel manufacturers or imported. Plants can produce various shapes through the rolling process, while the only industry-relevant drawn product is wire of various grades and gauges. The industry doesn't include the production of similar products as part of a vertically integrated manufacturing process or the distribution of steel products to downstream markets. Industry revenue fell at a CAGR of 1.0% to $15.3 billion over the past five years, including a decrease of 5.5% in 2023, falling from the rebound from COVID-19-induced declines in 2020. Along with revenue industry profit, measured as earnings before interest and taxes, has notably fallen during the period, accounting for an estimated 3.9% of revenue in 2023.
Companies in this industry roll or draw purchased steel, which may be sourced from domestic steel manufacturers or imported from abroad. Companies produce various shapes through the rolling process, while the only drawn product is wire of various grades and gauges. Typically, the end product is made to conform to customer specifications. The industry does not include companies that roll or draw steel they manufacture themselves or metal service centers that distribute steel products.
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
52 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
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 & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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