Steel in China
Summary
Steel in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Steel market consists of the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
- The Chinese steel market recorded revenues of $859,532.5 million in 2023, representing a compound annual growth rate (CAGR) of 7.7% between 2018 and 2023.
- Market production volume increased with a CAGR of 1.9% between 2018 and 2023, reaching a total of 1,019,080.0 thousand tonnes in 2023.
- The increase in real Gross Value Added (GVA) in industry annual growth has been a key driver for the steel market. In 2023, the Chinese real GVA in the industrial sector grew by 5.3%, according to the United Nations Statistics Division (UNSTAT). This rise in industrial activity led to higher steel consumption for machinery, equipment, and construction materials.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in China
- Leading company profiles reveal details of key steel market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China steel market with five year forecasts by both value and volume
- What was the size of the China steel market by value in 2023?
- What will be the size of the China steel market in 2028?
- What factors are affecting the strength of competition in the China steel market?
- How has the market performed over the last five years?
- Who are the top competitors in China's steel market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Anshan Iron and Steel Group Co Ltd
- 8.2. China Baowu Steel Group Corp Ltd
- 8.3. HBIS Group Co Ltd
- 8.4. China Steel Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China steel market value: $ million, 2018-23
- Table 2: China steel market volume: thousand tonnes, 2018-23
- Table 3: China steel market geography segmentation: $ million, 2023
- Table 4: China steel market value forecast: $ million, 2023-28
- Table 5: China steel market volume forecast: thousand tonnes, 2023-28
- Table 6: Anshan Iron and Steel Group Co Ltd: Key Facts
- Table 7: Anshan Iron and Steel Group Co Ltd: Key Employees
- Table 8: China Baowu Steel Group Corp Ltd: Key Facts
- Table 9: China Baowu Steel Group Corp Ltd: Key Employees
- Table 10: HBIS Group Co Ltd: Key Facts
- Table 11: HBIS Group Co Ltd: Annual Financial Ratios
- Table 12: HBIS Group Co Ltd: Key Employees
- Table 13: China Steel Corp: Key Facts
- Table 14: China Steel Corp: Annual Financial Ratios
- Table 15: China Steel Corp: Key Employees
- Table 16: China Size of Population (million), 2019-23
- Table 17: China Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 18: China GDP (current prices, $ billion), 2019-23
- Table 19: China Inflation, 2019-23
- Table 20: China Consumer Price Index (absolute), 2019-23
- Table 21: China Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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