Steel product
manufacturing includes establishments engaged in producing tubes and pipes from
iron and steel, shapes drawn through rolling or drawing of purchased iron or
steel and drawing steel.
Order
the report at
https://www.thebusinessresearchcompany.com/report/steel-product-manufacturing-global-market-report-2018
The global steel
product manufacturing market was valued at $150 billion in 2017. The market saw
a growth as the IoT technology is being adopted and implemented by steel
product manufacturing companies to shorten production times and improve 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 uptime, efficient predictive maintenance and faster processing
and delivery time. For instance, JFE Steel announced a move to standardize its
core platform across all factories, using Internet of Things (IoT) technology
to connect facilities and improve efficiency.
Steels products
market is segmented into plate, strip, rod, profile, wire and tubes.
Download a sample of the report at:
China was the largest country accounting for
one-sixth of the global Steel Product Manufacturing market. This can be attributed to the
large automobile and telecom manufacturing market in the country. China was
followed by India and Japan.
The top five competitors in the market
are ArcelorMittal ,China Baowu Group, HBIS Group, NSSMC
Group and POSCO with ArcelorMittal as the largest competitor in the Steel
Product Manufacturing market which is a multinational steel manufacturing
corporation headquartered in Boulevard d’Avranches, Luxembourg. It was formed
in 2006 from the takeover and merger of Arcelor by Indian owned Mittal Steel.
About
The Business Research Company.
The Business Research Company is a
Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries globally.
Contact
Information.
The Business Research Company
Europe: +44
207 1930 708
Asia: +91
8897263534
Americas: +1
315 623 0293
Email: info@tbrc.info
No comments:
Post a Comment