US Steel Industry Witnessing Splendid Growth

The US crude steel production is projected to grow at a CAGR of 12% during 2012-2015, says RNCOS in its latest research report.

Noida, India (prHWY.com) September 25, 2012 - US steel industry is one of the world's largest steel industries in terms of both production and consumption. The country ranked third globally in 2011 with nearly 5.7% share in crude steel production. The industry has benefited from soaring steel demand in the automobile and construction sectors. Moreover, the cost effective and highly efficient steel making technologies worked as a catalyst and uplifted the US steel demand in the international markets. 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. Further, crude steel production is anticipated to grow at a CAGR of around 12% during 2012-2015.

Research Analysis & Highlights

The report, "US Steel Industry Outlook to 2015", which is spread over in 90 pages, 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 with the factors driving 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 different 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.

Some of the key findings of the report are:

- Construction sector Dominates Steel Consumption in United States.
- US Apparent Steel Consumption Set to Surge at 6% CAGR.
- Flat Products Dominates the US Steel Production.
- Long Products Consumption to boost US Steel Industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM452.htm

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- KSA Steel Industry Forecast 2015 (http://www.rncos.com/Report/IM455.htm)
- Saudi Arabia Steel Industry Forecast to 2013
(http://www.rncos.com/Report/IM255.htm)
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Check Related REPORTS on: http://www.rncos.com/Metal.htm

About RNCOS

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.

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Tag Words: us steel industry

Categories: Business

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