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Overview of the steel industry: trends and challenges

Rapid urbanization, rising income levels and the development of global infrastructure in the construction industry have led to massive growth in steel factories. Despite COVID-19, demand for infrastructure development is expected to rebound very soon, especially in growing economies. One of the most important factors in the growth of steel products is a government-sponsored boom China construction sector.

Trade policies in place between different nations and trading bodies can harm the prospects for steel products. From tariffs that raise prices to sanctions that affect supply and demand, when multiple governing bodies impose rules on trade, the impact is always immediate and recovery uncertain.

Steel Mill Information on BizVibe: Key Players and Specialist Manufacturers

Some of the public and private steel companies on BizVibe include:

Market leaders:

• ArcelorMittal
• Vale S.A.
• Japanese steel
• POSCO
• Baoshan Iron & Steel

Specialist manufacturers:

• Ferro Alloys Corporation Limited
• Prakash Industries Limited
• Ferroglobe PLC
• Elkem Rana AS
• FinnfjordAS

Consult more than 50 information on all steel companies

Key Segments Covered

BizVibe’s information on the steel industry covers the following segments.

Main categories of iron and steel:

• iron bar manufacturers
• Pig iron manufacturers
• Steel Ball Manufacturers
• Manufacturers of Iron and Steel Wiring Products
• Manufacturers of iron and steel pipe products

Main categories of ferroalloys:

• Ferrosilicon manufacturers
• Ferrochrome manufacturers
• Ferromanganese manufacturers

Learn more about the company’s outlook for this industry

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SOURCE BizVibe