The Crude Steel Market Was Valued At USD 2 Trillion In 2017 According To TBRCPosted by praneeth on July 30th, 2018 Crude steel includes establishments make steel, manufacture shapes and form pipe and tube. This is consumed highly in the manufacturing of railroad tracks, building and construction, nuclear infrastructure, and household appliances. Order the report at https://www.thebusinessresearchcompany.com/report/crude-steel-global-market-report-2018 The global crude steel market was valued at USD 2 trillion in 2017. The growth is mostly supported by the shift of steel makers from furnace to Electric Arc Furnace (EAF) to manufacture steel. The market can easily be split into crude steel, pig iron and ferroalloys out of which crude oil comprises half of the market share and rest of the market is shared by the pig iron and ferroalloys segment. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=156&type=smp China was the largest country accounting for nearly one-third of the global crude steel market, due to the presence of major steel manufacturing plants in the country coupled with large demand for ferroalloys. China was followed by India and Japan as the next largest countries in the market. The top five competitors in the market are Arcelor Mittal, POSCO, TATA Steel, Nippon Steel & Sumitomo Metal Corporation, and Hyundai Steel Company. 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 Like it? Share it! More by this author |