1. Executive Summary
1.1 Regional Steel Production Development
1.2 Rise in Global Steel Export
1.3 Steel Price Volatility
2. Introduction to the Steel Market
2.1 Timeline of the Steel Industry
2.2 Significance of Steel
2.3 Advantages of Steel Over Other Metals
2.4 Steel-Making Process
2.5 Types of Steel
2.6 Types of Finished Steel Products
2.7 Benefits of this Report
3. The Global Steel Market
3.1 The Global Steel Market 2010-2020
3.2 World Steel Production Review 2010-2020
3.3 World Steel Consumption Review 2010-2020
3.4 Trends Prevailing in the Current Steel Industry
3.5 Post-Recession Progress in the Steel Market
3.6 Major Steel Consuming Industries
3.7 Steel Price Volatility
4. The Regional Steel Markets
4.1 The Asian Steel Market 2010-2020
4.1.1 Chinese Steel Market 2010-2020
4.1.2 Indian Steel Market 2010-2020
4.1.3 Japanese Steel Market 2010-2020
4.2 The European Union Steel Market 2010-2020
4.3 The North American Steel Market 2010-2020
4.3.1 The US Steel Market 2010-2020
4.3.2 Canadian Steel Market 2010-2020
4.3.3 Mexican Steel Market 2010-2020
4.4 The Russian and CIS Steel Market 2010-2020
4.4.1 Russian Steel Market 2010-2020
4.4.2 Ukrainian Steel Market 2010-2020
4.5 The Middle-Eastern Steel Market 2010-2020
4.5.1 UAE Steel Market 2010-2020
4.5.2 Saudi Arabian Steel Market 2010-2020
4.5.3 Iranian Steel Market 2010-2020
4.6 The Latin American Steel Market 2010-2020
4.6.1 Brazilian Steel Market 2010-2020
4.7 The African Steel Market 2010-2020
4.7.1 The South African Steel Market 2010-2020
4.7.2 Egyptian Steel Market 2010-2020
4.8 The Oceania Steel Market 2010-2020
4.8.1 Australian Steel Market 2010-2020
4.8.2 New Zealand Steel Market 2010-2020
5. PEST Analysis of the Steel Market 2010-2020
5.1 Political Factors
5.1.1 Varying Government Policies and Strategies
5.1.2 Government Intervention Restricting Expansion
5.2 Economic Factors
5.2.1 An Economy Driver
5.2.2 Economies Impacted Through Alterations
5.2.3 Employment Concerns
5.2.4 Organisational Factors
5.2.5 Market Factors
5.3 Social Factors
5.3.1 Environmental Concerns
5.3.2 Major Initiatives and Developments to Minimise Environmental Impact
5.4 Technological Factors
5.4.1 Technological Development Led By Regular Developments
5.4.2 New Technologies in the Pipeline
6. SWOT Analysis of the Steel Market 2010-2020
6.1 Strengths
6.1.1 Essential Commodity For Every Industry
6.1.2 Recyclable In Nature
6.1.3 Being an Essential Manufacturing Component Will Generally Have An Inelastic Demand
6.1.4 BRIC Nations to Lead the Steel Market Growth
6.2 Weaknesses
6.2.1 Volatile Nature of Steel Prices
6.2.2 Steel Degrades After Recycling
6.2.3 Regular Changes in the Country-Specific Government Policies
6.3 Opportunities
6.3.1 Use of Steel in the Reduction of CO2
6.3.2 Steel Seen As an Energy Saver
6.3.3 Double-Digit Growth in the Coming Decade
6.3.4 Rising Demand from Emerging Economies
6.4 Threats
6.4.1 Maturing Markets of Developed Economies
6.4.2 Decline in A Sub-Segment to Impact Growth
6.4.3 A Substitute Might Pose a Threat
6.4.4 Environmental Threat
7. Expert Opinion
7.1 Hetal Patel, General Manager - Investor Relations, ArcelorMittal
7.1.1 Trends Driving the Steel Market
7.1.2 Steel Industry Before and After Recession
7.1.3 Factors Contributing to the Recovery
7.1.4 Emerging Markets to Surpass Developed Markets
7.1.5 Technological Developments in the Steel Industry
7.1.6 Environmental Developments in the Pipeline
7.1.7 Raw Material, a Challenge
7.1.8 Plenty of Opportunities to Grow in Emerging Markets
7.1.9 Iron Ore Driving the Steel Industry
7.1.10 Global Steel Market to Grow by 10%
7.1.11 Consolidation and Production of Low-Cost Steel Seen as Strength
7.1.12 Increasing Iron Ore Prices, a Weakness
7.2 Vikram Amin, Executive Director, Sales and Marketing, Essar Steel
7.2.1 Trends Foreseen – Growth in Consumption; Capacity Expansion; Joint Ventures and Alliances; Shift in Steel Distribution
7.2.2 Proper Government Policies and Framework Essential for Upcoming Steel Mills
7.2.3 Improving the Steel Intensity and Setting-up of Large Capacity Mills, a Challenge for Emerging Markets like India
7.2.4 Drivers and Restraints in the Market
7.2.5 Regions of India Registering Higher Growth
7.2.6 Indian Steel Market's Expected Growth Rates
7.2.7 Indian Steel Consumption Growth in 2009-2010
7.3 Spokesperson, TATA Steel Ltd., India
7.3.1 China Emerging as Net Exporter from Being Net Importer
7.3.2 Steel to be Made More Eco-Friendly
7.3.3 Paradigm Shift Over Availability of Resources
7.3.4 Alternative to Steel
7.3.5 Continuous Rising Steel Demand
7.3.6 Asia to Lead the Steel Demand
7.3.7 Growth Rates Anticipated in Asian Countries
7.3.8 Average Rise in Consumption
7.4 Spokesperson, a Leading European Steel Producer
7.4.1 Steel Market Driven By Rising Iron Ore Prices
7.4.2 Innumerable Opportunities Available
7.4.3 China to Lead the Steel Market after Recession
7.4.4 Major Developments Still Awaited
7.4.5 UK Has Plenty of Growth Potential
7.4.6 Government Efforts to Boost the Demand
7.4.7 Impact of Higher Steel Prices
7.4.8 Developmental Plan in Emerging Economies
7.4.9 BRIC Nations to Lead the Steel Market
7.4.10 Inflationary Pressures in the Emerging Markets
7.4.11 Impact of Increase in Iron Ore Prices
7.5 Spokesperson, a Leading European Producer of Steel Products
7.5.1 Pre-Crisis Level of Steel Demand to Take a While
7.5.2 Raw Material Securitization of Paramount Importance
7.5.3 Industrialisation and Urbanisation Efforts in the Steel Industry
7.5.4 Infrastructure Development Major Contributing Sub-segment
7.5.5 Countries with Abundance of Reserves to Benefit
8. Leading Companies in the Steel Market
8.1 Angang Iron and Steel Group Corporation (Ansteel)
8.2 ArcelorMittal
8.3 Baosteel Group Corporation
8.4 Evraz Vitkovice Steel
8.5 Gerdau
8.6 Gruppo Riva
8.7 JFE Holdings, Inc.
8.8 Nippon Steel Corporation
8.9 Novolipetsk Steel
8.10 Nucor Vulcraft Group
8.11 Pohang Iron & Steel Co. Ltd. (POSCO)
8.12 Severstal
8.13 Shagang Group
8.14 Steel Authority of India (SAIL)
8.15 Sumitomo Metal Industries, Ltd.
8.16 TATA Steel Group
8.17 Techint Group
8.18 ThyssenKrupp AG
8.19 US Steel Corporation
8.20 Wuhan Iron and Steel (Group) Corporation (WISCO)
9. Conclusions
9.1 The Growth of the Steel Industry
9.2 Global Steel Production and Consumption Forecast 2010-2020
9.3 Global Steel Market Value 2010-2020
9.4 BRIC Economies Driving the Steel Industry
9.5 Sub-Markets Driving the Steel Demand
9.6 Leading Regional Markets 2010-2020
9.7 Drivers and Restraints in the Steel Market
9.8 The Global Steel Market Outlook 2010-2020
10. Glossary
List of Tables
Table 3.1 Global Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 3.2 Global Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 3.3 Global Steel Production Forecast 2010-2020 (MMT, AGR %)
Table 3.4 Global Steel Production Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 3.5 Global Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 3.6 Global Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 3.7 Major Steel Consuming Submarket Forecasts 2010-2020 (MMT, AGR %)
Table 3.8 Major Steel Consuming Submarket Forecasts CAGR (%) 2010-2020, 2010-2015, 2015-2020
Table 3.9 Pricing Forecast for Different Forms of Steel 2010-2020 (US$, AGR %)
Table 3.10 Pricing for Different Forms of Steel Forecast CAGR (%) 2010-2020, 2010-2015, 2015-2020
Table 3.11 Drivers and Restraints of the Global Steel Market 2010-2020
Table 4.1 Regional Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.2 Regional Steel Market Share in 2010 (%)
Table 4.3 Regional Steel Market Share in 2015 (%)
Table 4.4 Regional Steel Market Share in 2020 (%)
Table 4.5 Asian Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.6 Asian Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.7 Asian Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.8 Asian Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.9 Drivers and Restraints in the Asian Steel Industry 2010
Table 4.10 European Union Steel Consumption Forecast 2010-2020 (MMT, AGR%)
Table 4.11 European Union Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.12 European Union Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.13 European Union Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.14 Drivers and Restraints in the European Union Steel Industry 2010
Table 4.15 North American Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.16 North American Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.17 North American Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.18 North American Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.19 Drivers and Restraints in the North American Steel Industry 2010
Table 4.20 Russian and CIS Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.21 Russian and CIS Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.22 Russian and CIS Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.23 Russian and CIS Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.24 Drivers and Restraints in the Russian and CIS Steel Industry 2010
Table 4.25 Middle Eastern Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.26 Middle Eastern Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.27 Middle Eastern Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.28 Middle Eastern Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.29 Drivers and Restraints in the Middle Eastern Steel Industry 2010
Table 4.30 Latin American Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.31 Latin American Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.32 Latin American Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.33 Latin American Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.34 Drivers and Restraints in the Latin American Steel Industry 2010
Table 4.35 African Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.36 African Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.37 African Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.38 African Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.39 Drivers and Restraints in the African Steel Industry 2010
Table 4.40 Oceania Steel Consumption Forecast 2010-2020 (MMT, AGR %)
Table 4.41 Oceania Steel Consumption Forecast CAGR (%) 2010-2020, 2010-2015, and 2010-2020
Table 4.42 Oceania Steel Market Forecast 2010-2020 ($bn, AGR %)
Table 4.43 Oceania Steel Market Forecast CAGR (%) 2010-2020, 2010-2015, and 2015-2020
Table 4.44 Drivers and Restraints in the Oceania Steel Industry 2010
Table 5.1 PEST Analysis of the Steel Market 2010-2020
Table 6.1 SWOT Analysis of the Steel Market 2010-2020
Table 8.1 Market Share of Top 20 Steel Producers in 2009 (MMT)
List of Figures
Figure 1.1 Global Crude Steel Production 2008-2010 (MMT)
Figure 1.2 Regional Market Share in Steel Production 2010 (%)
Figure 2.1 Pictorial Presentation of Steel-Making Process
Figure 2.2 Types of Steel
Figure 2.3 Types of Finished Steel Products
Figure 3.1 Global Steel Market Forecast 2010-2020 ($bn)
Figure 3.2 Global Steel Production Forecast 2010-2020 (MMT)
Figure 3.3 Comparison of Regional Crude Steel Production in 2009 and 2020 (MMT)
Figure 3.4 Share of Regional Markets in Crude Steel Production 2010 (%)
Figure 3.5 Global Steel Consumption Forecast 2010-2020 (MMT)
Figure 3.6 Market Share of Major Steel Consuming Industries 2010 vs. 2020 (%)
Figure 3.7 Average Steel Price Forecast 2010-2020 (US$/tonne)
Figure 4.1 Regional Steel Market Share in 2010 (%)
Figure 4.2 Regional Steel Market Share in 2015 (%)
Figure 4.3 Regional Steel Market Share in 2020 (%)
Figure 4.4 Asian Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.5 Asian Steel Market Forecast 2010-2020 ($bn)
Figure 4.6 European Union Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.7 European Union Steel Market Forecast 2010-2020 ($bn)
Figure 4.8 North American Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.9 North American Steel Market Forecast 2010-2020 ($bn)
Figure 4.10 Russian and CIS Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.11Russian and CIS Steel Market Forecast 2010-2020 ($bn)
Figure 4.12 Middle Eastern Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.13 Middle Eastern Steel Market Forecast 2010-2020 ($bn)
Figure 4.14 Latin American Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.15 Latin American Steel Market Forecast 2010-2020 ($bn)
Figure 4.16 African Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.17 African Steel Market Forecast 2010-2020 ($bn)
Figure 4.18 Oceania Steel Consumption Forecast 2010-2020 (MMT)
Figure 4.19 Oceania Steel Market Forecast 2010-2020 ($bn)
Figure 8.1 Market Share of Top 20 Steel Producers in 2009 (%)