The Metal Manufacturing Global Market Is Valued At Around Trillion In 2017 Ac

Posted by ananth on July 2nd, 2018

The metals manufacturing industry comprises iron and steel foundries, alumina and aluminum production and processing establishments, iron and steel products manufacturing and iron and steel mills and ferroalloy manufacturing companies.

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The global metal manufacturing market is valued at around trillion in 2017 due to recovery in developed economies and accelerating growth in emerging and developing markets such as Russia, China, Brazil and India.

Themetal manufacturing globalmarket is split into segments: iron and steel mills and ferroalloy manufacturing, nonferrous metal production and processing, alumina and aluminum production and processing, foundries and steel product manufacturing.

China was the largest country in marketin metals manufacturing industry in 2017, accounting almost one-third of the market. China was followed by Japan and the U.S.A as the next largest countries in the market.

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According to The Business Research Company, the top most competitors in the market are Arcelor Mitta followed by POSCO, Nippon Steel & Sumitomo Metal and JFE.ArcelorMittal was the world’s leading steel and mining company. It is the leading supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal has steel-making operations in 18 countries on four continents, including 51 integrated and minimill steel-making facilities.

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.

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The Business Research Company

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