Iron and Steel Mills and Ferroalloy Manufacturing - US Industry Market Research Report with Updated Recession Risk Forecasts
The 2024 Iron and Steel Mills and Ferroalloy Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2015-2028.
This 63-page Kentley Insights report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance sheet benchmarks, inventory statistics, extensive industry segmentation by concentration, business size, and business structure, market share of top 50 company segments, market size and other statistics by state, plant utilization, BCG matrix, operating expense details on 26 categories, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This report is based on extensive business surveys filled out by companies in the industry. Our analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights which leaders depend on for their market research needs.This industry group includes companies primarily engaged in one or more of the following: (1) direct reduction of iron ore; (2) manufacturing pig iron in molten or solid form; (3) converting pig iron into steel; (4) making steel; (5) making steel and manufacturing shapes (e.g., bar, plate, rod, sheet, strip, wire); (6) making steel and forming pipe and tube; and (7) manufacturing electrometallurgical ferroalloys. Ferroalloys add critical elements, such as silicon and manganese for carbon steel and chromium, vanadium, tungsten, titanium, and molybdenum for low- and high-alloy metals. Ferroalloys include iron-rich alloys and more pure forms of elements added during the steel manufacturing process that alter or improve the characteristics of the metal being made.
Below are a few of the thousands of stats from the 2024 Iron and Steel Mills and Ferroalloy Manufacturing Market Research Report:INDUSTRY SIZEIn 2023, industry sales were $141.5 billion
Purchase now for historical (2015-2023) and forecasted (2024, 2028) market size
INDUSTRY GROWTHOver the past 3 years, the industry has grown at an annual rate of 22.8%
Purchase now for historical (2015-2023) and forecasted (2024, 2028) growth rates
COMPANY GROWTHThere are 435 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER FACILITYIn 2023, the average sales per facility was $236.6 million
Purchase now for historical and forecasted sales per company
PPI & PRICING2023 PPI growth was -14.7%
Purchase now for historical PPI (2015-2023), and forecasts for 2024 & 2028
FINANCIAL RATIO BENCHMARKSCompanies average a Fixed Asset Turnover ratio of 1.5
Benchmark nine other important financial ratios
PRODUCTIVITY ANALYSISIn 2023, employee productivity was $1,369,692
Purchase now for historical (2015-2023) and forecasted (2024, 2028) employee productivity
EXPENSE BENCHMARKING1.5% of expenses are spent on health insurance
Benchmark against 24 other expense categories
OPERATING EXPENSESIn 2023, industry operating expenses grew 0.3%
Purchase now for historical and forecasted OPEX
PAYROLLIn 2023, payroll per employee was $98,673
Get the full picture with historicals and the 2024 and 2028 forecasts
JOB CATEGORIZATION BENCHMARKS5.2% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGESThe average industry hourly pay for office and administrative jobs is $24.22
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase the 63-page 2024 U.S. Market Research Report on Iron and Steel Mills and Ferroalloy Manufacturing now to unlock the insight from one of the most trusted research firms.
NAICS code: 3311