Steel in Scandinavia
Summary
Steel in Scandinavia 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 Scandinavian steel market recorded revenues of $7,609.5 million in 2023, representing a compound annual growth rate (CAGR) of 5.2% between 2018 and 2023.
- Market production volumes declined with a negative CAGR of 1.3% between 2018 and 2023, reaching a total of 8,758.8 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 Danish real GVA in the industrial sector grew by 2.4%, 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 Scandinavia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in Scandinavia
- 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 Scandinavia steel market with five year forecasts by both value and volume
- What was the size of the Scandinavia steel market by value in 2023?
- What will be the size of the Scandinavia steel market in 2028?
- What factors are affecting the strength of competition in the Scandinavia steel market?
- How has the market performed over the last five years?
- Who are the top competitors in Scandinavia'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. Outokumpu Oyj
- 8.2. SSAB AB
- 8.3. BE Group AB
- 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: Scandinavia steel market value: $ million, 2018-23
- Table 2: Scandinavia steel market volume: thousand tonnes, 2018-23
- Table 3: Scandinavia steel market geography segmentation: $ million, 2023
- Table 4: Scandinavia steel market value forecast: $ million, 2023-28
- Table 5: Scandinavia steel market volume forecast: thousand tonnes, 2023-28
- Table 6: Outokumpu Oyj: Key facts
- Table 7: Outokumpu Oyj: Annual Financial Ratios
- Table 8: Outokumpu Oyj: Key Employees
- Table 9: SSAB AB: Key facts
- Table 10: SSAB AB: Annual Financial Ratios
- Table 11: SSAB AB: Key Employees
- Table 12: SSAB AB: Key Employees Continued
- Table 13: BE Group AB: Key facts
- Table 14: BE Group AB: Annual Financial Ratios
- Table 15: BE Group AB: Key Employees
- Table 16: Scandinavia 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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