US Apparent Steel Consumption Set to Surge
2013-01-15 11:03:16 - US apparent steel consumption is projected to grow at a CAGR of 6% during 2012-2015, says RNCOS in its research report.
Over the last few years, apparent steel consumption in the United States is witnessing positive growth. Moreover, with improving demand from various industrial sectors and favorable government support, it is expected that steel consumption will improve in the coming years. Further, the government stimulus package will also support the apparent steel consumption in the country as various federal infrastructure and
construction projects are currently in pipeline, triggering steel demand. Backed by all these factors, the US is anticipated to raise its apparent steel consumption, which is projected to grow at a CAGR of around 6% during 2012-2015.
According to our new research report, “US Steel Industry Outlook to 2015”, the US steel industry has been playing an important role in the overall economic development. This can be attributed to the increased production and consumption level in 2011 with respect to the previous year. The consumption section in the report covers the consumption by type of product, which represents long products that account for a majority share in total steel consumption in the country. Further, the report covers information about finished steel consumption by product including stainless steel sheet or strip, plate, bar, rod, and wire.
As per our research, continuous cast steel process accounts for major steel production in the US. Product-wise, flat products production accounts for a major share in total steel production, followed by long products and seamless tubes. Our report covers further break up of long products production into concrete reinforcing bars, bars and wire rods and flat products into electrical sheet & strip, tinmill and other metallic coated sheet & strip.
Our report, “US Steel Industry Outlook to 2015”, is an outcome of comprehensive research and unbiased analysis of the US steel industry and its various segments to present a clear picture of the past and present market trends. It evaluates the existing market opportunities in relation to the factors that drive the steel demand. The report also contains information about steel pricing and government stimulus package to bring the industry back on growth track.
Additionally, the report has presented projections for steel demand across the various vertical industries to provide a rough idea about the direction, in which, the steel industry is likely to move in future. The competitive landscape segment mainly focuses on key industry players and provides valuable information about their business description together with financial analysis.
For FREE SAMPLE of this report visit: www.rncos.com/Report/IM452.htm
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.