The world steel market will reach $1.2 trillion in 2014, according to a new study on ASDReports

Monday 21 July 2014, Amsterdam

A new report now available on ASDReports predicts that the world market for steel will reach $1.15 trillion in 2014. This forecast and others appear in Steel Market Forecast 2014-2024: Prospects in Construction, Automotive, Machinery, Appliances, Energy, Metal Goods & Shipbuilding Applications published in June 2014.

The construction, automobile, and white goods industries will attract a high demand for steel over the next decade. Vast opportunities exist where the unique properties of steel are critical. Global steel demand over the next decade will largely depend on the emerging economies, however.

The 191 page report contains 164 tables, charts and graphs that add visual analysis in order to explain developing trends within the steel market. The report provides forecasts for the period 2014-2024 in terms of value (US$) for the steel market. Additionally, the new report provides forecasts and analyses of the steel market by production and consumption from 2014 to 2024.

15 leading national steel markets are analysed and forecast for production, consumption, and balance (tonnes) from 2014-2024. 8 steel end use submarkets are also forecasted and analysed  over the period 2014-2024.The report also provides market shares and profiles of the 20 leading steel producing companies such as ArcelorMittal, NSSMC, Baosteel, POSCO, Hebei Iron and Steel Group. The report includes 3 exclusive interviews with experts in the steel market; Terence Soh from the Steel Index, Riaz Muhammad Khan from a Global Commodities Consultancy and Fawad Butt from Fawad Steel Corporation, providing expert insight.

The Steel Market Forecast 2014-2024: Prospects in Construction, Automotive, Machinery, Appliances, Energy, Metal Goods & Shipbuilding Applications report will be of value to current and future potential investors into the steel sector, as well as companies and research centres who wish to broaden their knowledge of the steel market.