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Steel Rolling & Drawing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Steel Rolling & Drawing Market Research Report | NAICS 33122 | Jul 2016

Keep rolling: Growing demand from downstream buyers will bolster revenue, despite competition

IBISWorld’s Steel Rolling & Drawing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Import competition and demand for substitute products have hampered industry growth
  • Recent trending toward just-in-time deliveries requires producers to accommodate smaller orders
  • An appreciating dollar will threaten the strength of exports in the global market
  • ... purchase to read more

Industry Analysis & Industry Trends

As the economy recovers and the automotive and construction sectors rebound, demand for steel will also improve, benefiting the industry. However, substitutes, like cheaper and higher-quality plastics, and import competition will continue to be major threats to the industry. Motor vehicle manufacturers will require lightweight materials to make automobiles due to the high demand for smaller, fuel-efficient vehicles... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Steel Rolling and Drawing industry is in the decline phase of its life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to drop at an annualized rate of 1.4% over the 10 years to 2021. In comparison, GDP is expected to grow at an average annual rate of 2.1% over the period. There are few if any new major markets for the Steel Rolling and Drawing industry's products. Furthermore, industry products are well known and accepted, although they are facing rising competition from substitute products made from aluminum, plastic composites and other lightweight materials. In addition, domestic manufacturers continue to face external competition from imports, which currently constitute 17.1% of domestic demand. Las.. ... purchase to read more

Additional Insights for the Steel Rolling & Drawing Industry

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

  • Economies of scale
  • Having a diverse range of clients
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as World price of steel and Demand from car and automobile manufacturing in the Steel Rolling & Drawing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Steel Rolling & Drawing Industry?

    Companies in this industry roll or draw purchased steel, which may be sourced from domestic steel manufacturers or imported from abroad. Companies produce a variety of shapes through the rolling process, while the only drawn product is wire of various grades and gauges. Typically, the end product is made to conform to customer specifications. The industry does not include companies that roll or draw steel they manufacture themselves or metal service centers that distribute steel products.

    Industry Products
    Cold rolled steel sheetCold finished bars and other shapesFerrous powder metallurgy productsSteel wire drawn from wire rodFabricated wire products made from wire rod
    Industry Activities
    Rolling plates, sheets, strips, rods and bars from purchased steel (often described as cold rolling)Drawing wire from purchased steelProcessing purchased steel to meet customer specifications

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of steel
  • Demand from car and automobile manufacturing
  • Industrial production index
  • Trade-weighted index
  • Value of private nonresidential construction
  • Current Performance
  • Rolling downhill
  • Demand trends and industry structure
  • Competing globally
  • Chart: Revenue Growth
  • Industry Outlook
  • Drawing a better picture
  • Competing domestically
  • Table: Steel Rolling & Drawing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Steel Rolling & Drawing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Construction
  • Metal Can & Container Manufacturing
  • Wire & Spring Manufacturing
  • Major Household Appliance Manufacturing
  • Car & Automobile Manufacturing
  • SUV & Light Truck Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Space Vehicle & Missile Manufacturing
  • Metal Wholesaling
  • Key Selling Industries
  • Electric Power Transmission
  • Iron & Steel Manufacturing
  • Metalworking Machinery Manufacturing
  • Products & Services
  • Cold rolled steel sheet
  • Steel wire drawn from wire rod
  • Fabricated wire products made from wire rod
  • Cold finished bars and other shapes
  • Other
  • Ferrous powder metallurgy products
  • Chart: Steel Rolling & Drawing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Steel service and distribution centers
  • Automotive manufacturing
  • Construction
  • General manufacturing
  • Industrial manufacturing
  • Exports
  • Chart: Major Market Segmentation for the Steel Rolling & Drawing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Steel Rolling & Drawing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Steel Rolling & Drawing Industry
  • Industry Globalization
    Major Companies
    Worthington Industries Inc.
    California Steel Industries Inc.
  • Table: Worthington Industries Inc. - financial performance
  • Table: California Steel Industries Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Steel Rolling & Drawing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Steel Rolling & Drawing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • World price of steel (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Blast Furnace
  • A furnace used in integrated steel making in which coke and iron ore react together under a hot air flow to form steel.
  • Die
  • A specialized tool used in manufacturing industries to cut or shape material using a press. Like molds, dies are generally customized to the item they are used to create.
  • Integrated Steel Mill
  • A facility that has all the functions of primary steel production, including the manufacture and processing of raw steel.
  • Mini-Mill
  • A steel producer that obtains most of its iron from recycled scrap steel and primarily uses electric arc furnaces.
  • Steel Rolling
  • The process of reducing the thickness of steel by passing it through a series of rollers.

  • Why Buy this Report?
    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 & Drawing:
    • 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 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 & Drawing 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 & Drawing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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