| Product Code | IBI00744 |
|---|---|
| Publication Date | November 2007 |
| Publisher | IBISWorld |
| Product Type | Report |
| Pages | 35 |
During the outlook period, manufacturers of rolled and drawn steel products from purchased materials will continue to face an uphill battle. Despite continued solid economic growth worldwide and, in particular, ongoing growth in demand for steel from China, year average steel prices are expected to fall continuously. Essentially, global steel production is expected to expand more strongly than demand.
Firms in this industry are mainly engaged in rolling or drawing purchased steel, which may be sourced from either local or offshore suppliers. Firms produce a variety of shapes through the rolling process, including plate, sheet, strip, rod and bar, while the only drawn product is wire of various grades and gauges. Typically, the end-product is made to conform with customer specifications. 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.
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