The Steel Market Analysis, Financials & Forecasting 2011-2021
Since the industrial revolution, steel has been the essential material used in the maintenance and expansion of the global economy. But shortages of iron ore and coking coal coupled with a high oil price have meant that the steel industry today faces significant challenges. With the rise of China, the steel market - and all commodity markets - has experienced a reawakening like never before. China's rapid industrialisation and frantic urbanisation, coupled with extensive industrial development in the other BRIC nations, has meant a reinvigoration of the steel industry and a renewed interest in steel, iron ore and coking coal by the investing community