Industry Analysis & Industry Trends
In 2011, industry revenue shows growth compared with the same period of 2010. It is estimated to have increased by 20.9% over 2011. Due to the huge downstream demands of steel products, domestic demands show a rapid growth, up 20.8% from 2010. At the beginning of the 12th Five-Year plan, the government issued policies to stimulate domestic development. According to the plan, the iron and steel industry is expected to further strengthen its competition through applying new technologies and new industry system. Therefore, the industry is forecast to show a constant increase in the next five years.
In 2010, downstream industries, such as automobile manufacturing and real estate industries, experienced rapid growth, which had led to increasing demand for steel products.... purchase to read more
Industry Report - Industry Key Buyers Chapter
In this industry, the top four players are forecast to hold a combined market share of 15.3% in terms of industry revenue in 2011. This indicates that the industry is subject to a low level of industry concentration.
In recent years, due to the large demand for steel products, a great number of enterprises entered this industry, especially in 2008. Their entry lowered the industry concentration level.
Soaring raw material prices and various government regulations to eliminate poorly performing enterprises are expected to drive many small companies out of this industry in future years... purchase to read more