MRO Magazine

Global Steel Industry Report 2016 – Analysis, Technologies & Forecasts – Research and Markets


June 30, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Overview & Outlook for the Global Steel Industry” report to their offering.

The global steel sector has been going through a challenging moment, with crude steel production down to 1,598 million tonnes in 2015 and estimated to drop further to 1,545 in 2016. With decreasing steel prices, production value is estimated to have collapsed from US$ 2.5 trillion in 2011 to merely US$ 1.5 trillion in 2015. The decrease in demand and production of steel in China are in large part to blame and other world markets anticipate a further 2.9% decrease for 2016.

As a result, most of the top steel groups in the world have suffered losses in 2015, and numerous have decreased their steel sales steadily since 2011. On the other hand, a positive outlook for the main economic sectors supplied by the steel – construction, automotive, materials – allows experts to expect a recovery of the industry from 2017. Emerging markets will show the greatest growth over the next 10 years.

Report Structure:

1. Overview of the global steel sector

2. Overview of the main players in the global steel sector

3. Short-term outlook and perspectives for the steel industry

4. Brief overview of the European and Chinese steel markets

5. Trends and perspectives for steel and its related sectors

For more information visit http://www.researchandmarkets.com/research/r38q59/overview_and

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Iron and Steel