Global Steel market has fluctuated over the last five years, due to the overproduction in China driving down prices in 2015. Growth will continue to vary over the forecast period as trading agreements remain uncertain in light of President Trump’s tariffs and anti-dumping measures. The Asia-Pacific market is the most dominate globally, making up 69.2% in 2017. Europe made up 17.5% and the US which made up 6.8%.

“Overproduction in the Chinese steel market has resulted in the market contracting significantly in 2015. This has been slowed by countries such as the EU and the US implementing anti-dumping measures, with restricted volumes increasing prices. This led to a significant change in 2017 with 26.2% growth.”

Key Questions Answered:

• What was the size of the global steel market by value in 2017?
  
• What will be the size of the global steel market in 2022?
  
• What factors are affecting the strength of competition in the global steel market?
  
• How has the market performed over the last five years?
  
• Who are the top competitors in the global steel market?