Marketline Industry Profile: China - Steel

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China - Steel


URL: http://store.marketline.com/Product/china_steel?productid=MLIP1782-0005

Executive SummaryMarket valueThe Chinese steel market shrank by 3% in 2014 to reach a value of $ 515.2 billion.
Market value forecastIn 2019, the Chinese steel market is forecast to have a value of $ 688.8 billion, an increase of 33.7% since 2014.
Market volumeThe Chinese steel market shrank by 0.5% in 2014 to reach a volume of 817.7 million metric tons.
Market volume forecastIn 2019, the Chinese steel market is forecast to have a volume of 997.1 million metric tons, an increase of 21.9% since 2014.
Geography segmentationChina accounts for 72.3% of the Asia-Pacific steel market value.
Market shareHebei Group is the leading player in the Chinese steel market, generating a 5.8% share of the market's volume.
Market rivalryHaving the advantage of being the recipient of cheap iron ore, China has been flooding steel markets globally with its cheaper products, making it hard for other steelmakers to compete.  

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