
Steel Global Industry Almanac 2020-2029
Description
Steel Global Industry Almanac 2020-2029
Summary
Global Steel industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Global Steel industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Steel market includes the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
- Market volume refers to the production volume. Market value is calculated by multiplying market volume with the production price.
- All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global steel market recorded revenues of $1,383.1 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019 and 2024.
- Market production volume increased with a CAGR of 0.1% between 2019 and 2024, reaching a total of 1,802.8 million tonnes in 2024.
- Asia-Pacific dominated the global steel market, commanding the largest share of 75.9% in 2024, followed by Europe, capturing the second largest share of 13.2%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global steel market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global steel market
- Leading company profiles reveal details of key steel market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global steel market with five year forecasts by both value and volume
- What was the size of the global steel market by value in 2024?
- What will be the size of the global steel market in 2029?
- What factors are affecting the strength of competition in the global steel market?
- How has the market performed over the last five years?
- What are the main segments that make up the global steel market?
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612 Pages
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