While the global economic downturn challenged the steel industry in terms of declining output, the industry remains on trajectory towards strong growth to 2015. The industry faces a main challenge of maintaining its profit margins while dealing with high input costs along with raw material costs.
The steel industry went through the sharpest economic decline in over 75 in 2008-2009. By the middle of 2009, global steel output had fallen by over 20% and plant shutdowns and bankruptcies became quite common. During this period, the global steel industry has also witnessed the rise of China. From accounting for 34% of global steel production in 2006 to accounting to almost half in 2012, steel production in China has grown three times during the years 2006-2013.
While the industry faces many challenges, it is poised for posting good growth figures in the coming years.
Aruvian Research analyzes the global steel industry in its report Analyzing the Global Steel Industry. The analysis of the global steel industry includes an industry overview, value & volume analysis, industry segmentation through geography, globalization and consolidation in the global steel industry and an analysis of the drivers in the steel industry such as raw materials, products, prices, etc. Industry challenges and an industry outlook to 2017 is included in the report. A Porter's Five Forces Framework analysis on the global steel industry looks further at the competitive scenario in the global steel industry.
Moving to the analysis of the key markets, we analyze the steel markets in Australia, Belgium, Brazil, Canada, China, Czech Republic, France, Germany, Hungary, India, Italy, Japan, Mexico, Netherlands, Norway, Poland, Russia, Singapore, South Korea, Spain, Sweden, Taiwan, United Kingdom and the United States. Each market is analyzed through an industry overview, value and volume analysis, industry segmentation and an industry forecast.
Major industry players such as ArcelorMittal, Baosteel, Nucor Corporation, and others are analyzed in the report through a company profile, an analysis of their businesses, a financial analysis and a SWOT analysis.
Analyzing the Global Steel Industry 2014
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