Market outlook of the global steel scrap market
Technavio market research analyst estimates the global steel scrap market to post a slow but moderate CAGR of nearly 2% by 2020. The rising need to preserve natural resources, especially iron ore, is expected to result in this market moderate growth rate during the forecast period.
Geographically, the Asian region is predicted to dominate the global market for steel scraps during the forecast period. The recent restriction on the export of nickel ore by the Indonesian government is a significant factor that impels market growth in this region during the forecast period.
Source-based segmentation of the steel scrap market
Home
Prompt
Obsolete
In this market research report, analysts have estimated the obsolete segment to be the largest market segment during the projected period. The obsolete segment presently accounts for a market share of nearly 49% and consists of industrial sectors like automobiles, appliances, ships, and bridges. The growing need to properly dispose of all the waste materials generated by these industrial segments is envisaged to account for its high market share during the forecast period.
Segmentation by grade and analysis of the steel scrap market
Shredded scrap
No. 2 heavy metal steel and bundles
No. 1 heavy metals
No. 1 and electric furnace bundles
Cut structural and plates
No. 1 busheling
Turnings and borings
Technavio market research analysts estimate the shredded steel scrap segment to account for a total market share of approximately 21% by 2020. Since this sector consists of homogeneous steel and scraps from auto bodies, the augmented need of disposing such materials is expected to result in market growth during the forecast period.
Competitive landscape and key vendors
The global steel scrap industry is similar to a pyramid structure, where most of the companies are located in the supplier segment. The competitive environment in this market is expected to intensify with an increase in scrap usage innovations and M&A in the coming years. The key players in this market are expected to diversify their geographical presence with a focus on APAC during the forecast period.
The leading vendors in this market are -
AK Steel
ArcelorMittal
Bao Steel
Nucor
OmniSource
The other prominent vendors analyzed in this market study include Anyang, Hebei Iron and Steel, Hyundai, Nippon Steel & Sumitomo Metal, and POSCO.
Key questions answered in the report
What will the market size and the growth rate be in 2020?
What are the key factors driving the global steel scrap market?
What are the key market trends impacting the growth of the global steel scrap market?
What are the challenges to market growth?
Who are the key vendors in the global steel scrap market?
What are the market opportunities and threats faced by the vendors in the global steel scrap market?
Trending factors influencing the market shares of the Americas, Asia, Europe, and ROW?
What are the key outcomes of the five forces analysis of the global steel scrap market?
Technavio also offers customization on reports based on specific client requirement.
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Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Scrap sorting and preparation techniques
Imports and exports
PART 05: Value chain
Steel industry value chain
Flow of steel scrap
PART 06: Market landscape
Global steel scrap market
Five forces analysis
PART 07: Market segmentation by grade
Overview
Global shredded steel scrap market
Global no.2 heavy metal steel and bundles steel scrap market
Global no.1 heavy metal steel scrap market
Global no.1 and electric furnace bundles steel scrap market
Global cut structural and plate steel scrap market
Global no.1 busheling steel scrap market
Global turnings and borings steel scrap market
Global slag steel scrap market
Global steel scrap market for other grades
PART 08: Market segmentation by source
Overview
Global obsolete steel scrap market
Global home steel scrap market
Global prompt steel scrap market
PART 09: Geographical segmentation
Overview
Steel scrap market in Asia
Steel scrap market in Europe
Steel scrap market in Americas
Steel scrap market in ROW
PART 10: Market drivers
Concern toward global warming
Increase in use of lower quality grades
Ban on nickel ore exports and expansion of plants
PART 11: Impact of drivers
PART 12: Market challenges
Trade restrictions
Long life of steel products
Fluctuating iron ore prices
PART 13: Impact of drivers and challenges
PART 14: Market trends
Shift toward electric arc furnaces
China to become self-sufficient in steel scrap
Europe to absorb its domestic products
PART 15: Vendor landscape
Competitive scenario
Industry structure analysis
Major vendors
Other prominent vendors
PART 16: Key vendor analysis
AK Steel
ArcelorMittal
Baosteel
Nucor
OmniSource
PART 17: Appendix
List of abbreviation
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Global steel scrap market
Exhibit 02: Global steel scrap market by source
Exhibit 03: Global steel scrap market by grade
Exhibit 04: Global steel scrap market by geography
Exhibit 05: Global exports 2010-2014 (million metric tons)
Exhibit 06: Top five countries by steel scrap exports 2012-2014 (million metric tons)
Exhibit 07: Global imports 2010-2014 (million metric tons)
Exhibit 08: Top five countries by steel scrap imports 2012-2014 (million metric tons)
Exhibit 09: Steel industry value chain
Exhibit 10: Flow of steel scrap
Exhibit 11: Global steel scrap market 2015-2020 (million metric tons)
Exhibit 12: Five forces analysis
Exhibit 13: Global steel scrap market by grade 2015
Exhibit 14: Global steel scrap market by grade 2020
Exhibit 15: Global shredded steel scrap market 2015-2020 (million metric tons)
Exhibit 16: Global no.2 heavy metal steel and bundles steel scrap market 2015-2020 (million metric tons)
Exhibit 17: Global no.1 heavy metal steel scrap market 2015-2020 (million metric tons)
Exhibit 18: Global no.1 and electric furnace bundles steel scrap market 2015-2020 (million metric tons)
Exhibit 19: Global cut structural and plate steel scrap market 2015-2020 (million metric tons)
Exhibit 20: Global no.1 busheling steel scrap market 2015-2020 (million metric tons)
Exhibit 21: Global turnings and borings steel scrap market 2015-2020 (million metric tons)
Exhibit 22: Global slag steel scrap market 2015-2020 (million metric tons)
Exhibit 23: Global steel scrap market for other grades 2015-2020 (million metric tons)
Exhibit 24: Global steel scrap market by source 2015
Exhibit 25: Global steel scrap market by source 2020
Exhibit 26: Global obsolete steel scrap market 2015-2020 (million metric tons)
Exhibit 27: Global home steel scrap market 2015-2020 (million metric tons)
Exhibit 28: Global prompt steel scrap market 2015-2020 (million metric tons)
Exhibit 29: Global steel scrap market by geography 2015
Exhibit 30: Global steel scrap market by geography 2020
Exhibit 31: Steel scrap market in Asia 2015-2020 (million metric tons)
Exhibit 32: Steel scrap market in Europe 2015-2020 (million metric tons)
Exhibit 33: Steel scrap market in Americas 2015-2020 (million metric tons)
Exhibit 34: Impact of drivers
Exhibit 35: London Metal Exchange iron ore price 2005-2015 ($ per dry metric ton)
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Industry structure of global steel scrap market
Exhibit 38: AK Steel: Product categories
Exhibit 39: AK Steel: Geographical segmentation by revenue 2014
Exhibit 40: ArcelorMittal: Business segmentation 2014 by revenue
Exhibit 41: ArcelorMittal: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 42: ArcelorMittal: Geographical segmentation by revenue 2014
Exhibit 43: Baosteel: Business segmentation 2014 by revenue
Exhibit 44: Baosteel: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 45: Baosteel: Geographical segmentation by revenue 2014
Exhibit 46: Nucor: Business segmentation 2014 by revenue
Exhibit 47: Nucor: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 48: OmniSource: Product segmentation 2014
