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Feb 12, 2019 5:21 AM ET

Steel Product Market Analysis and Insight 2018 - 2025

Steel Product Market Analysis and Insight 2018 - 2025

iCrowd Newswire - Feb 12, 2019

The steel product manufacturing marketludes establishments engaged in producing tubes and pipes from iron and steelshapes drawn through rolling or drawing of purchased iron or steeland drawing steel.

This report studies the Steel Product market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Steel Product market by product type and applications/end industries.

IoT technology is being adopted and implemented by steel product manufacturing companies to shorten production times and improve the quality of the products. IoT connects people machines and services enabling the flow of information and real-time decisions. IoT technology offers benefits such as increased asset uptimeefficient predictive maintenance and faster processing and delivery time. For instance, FE Steel announced a move to standardize its core platform across all factories using the Internet of Things IoT technology to connect facilities and improve efficiency.

The global Steel Product market is valued at xx million in 2017 and is expected to reach xx million by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Steel Product.

Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.

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Market Segment by Companies, this report covers


Nippon Steel & Sumitomo Metal NSSMC 



JFE Steel

Market Segment by Regions, regional analysis covers 

North America United States, Canada and Mexico 

Europe Germany, France, UK, Russia and Italy 

Asia-Pacific China, Japan, Korea, India and Southeast Asia 

South America Brazil, Argentina, Colombia 

Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa 

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Market Segment by Type, covers

Iron and Steel Pipe and Tube

Rolling and Drawing

Market Segment by Applications can be divided into

Iron and Steel Mills

Ferroalloy Companies


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