In 2017, revenue for the Steel Rolling industry in China increased by 2.9% to total $865.6 billion. Over the past five years, revenue has been decreasing at an annualized rate of 0.5%, driven by slow demand for high quality and value-added steel products from downstream industries such as automobile manufacturing (IBISWorld industry report 3721) and real estate management and development (7210a and 7210b).In recent years, there have been supply surplus problems within the industry. However, long-term prospects are promising as China continues to become more urbanized and the government focuses on expanding infrastructure. The number of enterprises operating in the industry has been falling over the past five years due to consolidation and the maturing of the industry...purchase to read more.

Industry Statistics & Market Size
Revenue
$866bn
Annual Growth 12-17
-0.5%
Forecast Growth 17-22
Profit
Employment
2.9m
Businesses
17,078

Industry Report - Industry Products Chapter

Steel rebarSteel rebar of various widths and quality accounts for 18.2% of total industry output in 2017. Rebar is usually used in building and bridge construction.Wire rodsWire rods are estimated to make up 14.2% of industry output in 2017. Wire rods are widely used in hardware and household electrical appliances.Medially thick and wide stripsMedially thick and wide strips (MT&W strips) account for an 11.7% share of output in 2017. This product is usually used in welded tubes.Hot-rolled and narrow stripsHot-rolled and narrow strips (HR&N strips) made up 5.5% of output in 2017. In addition, exports of this product increased in recent years, while competing imports decreased...purchase to read more.

Additional Insights for the Steel Rolling Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Steel Rolling Industry are

  • Availability of resources
  • Development of new products
  • Proximity to transport
  • IBISWorld analysts also discuss how external factors such as World price of iron ore and Domestic Goods Prices - Metals - Steel in the Steel Rolling industry impact industry performance..

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    What's in this report

    What is the Steel Rolling Industry?

    The Steel Rolling industry shapes slabs or ingots into steel products of a wide range of shapes and sizes through processing methods such as hot rolling, cold rolling, forging and extruding.

    Industry Products
  • Steel rebar
  • Wire rods
  • Medially thick and wide strips
  • Steel bars
  • Hot-rolled and narrow strips
  • Medium plating
  • Medium and small section
  • Other steel sheeting, plates, tubing and products
  • Industry Activities
  • Steel billet processing
  • Railway steel products processing
  • Heavy-section steel products processing
  • Medium-section steel products processing
  • Light-section steel products processing
  • Roll-formed shape steel processing
  • Wire steel products processing
  • Medium and thick steel plate processing
  • Silicon steel sheet processing
  • Steel strip processing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of iron ore
  • Domestic Goods Prices - Metals - Steel
  • Real GDP
  • World demand for steel
  • Industry Systems and Technology - Manufacturing

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Steel Rolling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Steel Rolling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Railway Equipment Manufacturing
  • Automobile Manufacturing
  • Ship Building
  • Building Construction
  • Passenger Car Manufacturing

  • Key Selling Industries
  • Iron and Steel Smelting

  • Products & Services
  • Other steel sheeting, plates, tubing and products
  • Steel rebar
  • Wire rods
  • Medially thick and wide strips
  • Steel bars
  • Hot-rolled and narrow strips
  • Medium and small section
  • Medium plating
  • Chart: Steel Rolling Industry Products and Services Segmentation

  • Demand Determinants
  • Domestic economic growth
  • Fixed investment in construction
  • China's industrialization and urbanization process
  • Global economic development

  • Major Markets
  • Construction firms
  • Other
  • Machinery manufacturers
  • Automobile manufacturers
  • Household electric appliance manufacturers
  • Ship building firms
  • Petroleum and natural gas exploitation
  • Railways
  • Chart: Major Market Segmentation for the Steel Rolling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Utilities, rent and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Steel Rolling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Steel Rolling Industry

  • Industry Globalization
    China BaoWu Steel Group, Jiangsu Shagang Group Co., Ltd., Ansteel Group Corporation, Beijing Shougang Group, Shandong Iron & Steel Group Co. Ltd,
  • Table: China BaoWu Steel Group - financial performance
  • Table: Jiangsu Shagang Group Co., Ltd. - financial performance
  • Table: Ansteel Group Corporation - financial performance
  • Table: Beijing Shougang Group - financial performance
  • Table: Shandong Iron & Steel Group Co. Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Steel Rolling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Steel Rolling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Steel Products Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Rebar
  • Rod or bar having ribs or slightly projecting patterns on its surface to provide a greater bond with concrete when used in reinforced concrete.
  • Seamless Tube
  • Tube without a longitudinal joint or seam.
  • Welded Tube
  • Tube made from a metal plate, sheet, or strip, with a welded longitudinal or helical joint.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Steel Rolling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Steel Rolling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Steel Rolling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Steel Rolling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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