Iron and Steel Mills and Ferroalloy Manufacturing - 2023 U.S. Market Research Report with Updated Recession Forecasts
The 2023 Iron and Steel Mills and Ferroalloy Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2014-2027.
This 63-page Kentley Insights report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance sheet benchmarks, inventory statistics, extensive industry segmentation by concentration, business size, and business structure, market share of top 50 company segments, market size and other statistics by state, plant utilization, BCG matrix, operating expense details on 26 categories, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This report is based on extensive business surveys filled out by companies in the industry. Our analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights which leaders depend on for their market research needs.
This industry group includes companies primarily engaged in one or more of the following: (1) direct reduction of iron ore; (2) manufacturing pig iron in molten or solid form; (3) converting pig iron into steel; (4) making steel; (5) making steel and manufacturing shapes (e.g., bar, plate, rod, sheet, strip, wire); (6) making steel and forming pipe and tube; and (7) manufacturing electrometallurgical ferroalloys. Ferroalloys add critical elements, such as silicon and manganese for carbon steel and chromium, vanadium, tungsten, titanium, and molybdenum for low- and high-alloy metals. Ferroalloys include iron-rich alloys and more pure forms of elements added during the steel manufacturing process that alter or improve the characteristics of the metal being made.
Below are a few of the thousands of stats from the 2023 Iron and Steel Mills and Ferroalloy Manufacturing Market Research Report:INDUSTRY SIZE
In 2022, industry sales were $141.4 billion
Purchase now for historical (2014-2022) and forecasted (2023, 2027) market sizeINDUSTRY GROWTH
Over the past 3 years, the industry has grown at an annual rate of 14.6%
Purchase now for historical (2014-2022) and forecasted (2023, 2027) growth ratesCOMPANY GROWTH
There are 426 companies in the industry
Learn more about the historical and forecasted industry compositionSALES PER FACILITY
In 2022, the average sales per facility was $240.8 million
Purchase now for historical and forecasted sales per companyPPI & PRICING
2022 PPI growth was 11.7%
Purchase now for historical PPI (2014-2022), and forecasts for 2023 & 2027FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 1.5Benchmark nine other important financial ratiosPRODUCTIVITY ANALYSIS
In 2022, employee productivity was $1,382,207
Purchase now for historical (2014-2022) and forecasted (2023, 2027) employee productivityEXPENSE BENCHMARKING
1.5% of expenses are spent on health insurance
Benchmark against 24 other expense categoriesOPERATING EXPENSES
In 2022, industry operating expenses grew 15.4%
Purchase now for historical and forecasted OPEXPAYROLL
In 2022, payroll per employee was $97,107
Get the full picture with historicals and the 2023 and 2027 forecastsJOB CATEGORIZATION BENCHMARKS
5.2% of employees in the industry are in management positions
Benchmark against 13 other job categoriesJOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $24.22
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase the 63-page 2023 U.S. Market Research Report on Iron and Steel Mills and Ferroalloy Manufacturing now to unlock the insight from one of the most trusted research firms.NAICS Code: