Global High Strength Steel Market 2017-2021: Key vendors: ArcelorMittal, Posco, Shanghai Baosteel Group (Baosteel),Tata Steel & United States Steel - Research and Markets

Research and Markets has announced the addition of the "Global High Strength Steel Market 2017-2021" report to their offering.

The analysts forecast the global high strength steel market to grow at a CAGR of 8.18% during the period 2017-2021.

Global High Strength Steel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Commenting on the report, an analyst from the research team said: One trend in the market is TMCP technique for high strength steel. TMCP is a microstructural control technique used in the manufacturing of steel plates to obtain enhanced properties such as increased toughness, strength, and weldability. Some of the examples of TMCP are controlled cooling, controlled rolling, and direct quenching.

According to the report, one driver in the market is corrosion resistance and mechanical properties. High strength steel improves the corrosion resistance of steel and demonstrates excellent mechanical properties such as tensile strength, formability, and weldability. Rolled-carbon steels show improved mechanical properties as they are subjected to special processing techniques such as accelerated cooling and controlled rolling.

Further, the report states that one challenge in the market is financial risks affecting sale of high strength steel. The sale of high strength steels is subject to financial risks. The demand for high strength steels is dependent upon the performance of the global steel industry. The steel and high strength steel markets are susceptible to price divergence risks, resulting from the deviation between derivative and physical prices of high strength steels because of economic factors across the globe.

Key vendors

  • ArcelorMittal
  • POSCO
  • Shanghai Baosteel Group (Baosteel)
  • Tata Steel
  • United States Steel

Other prominent vendors

  • CITIC
  • Gerdau
  • Hyundai Steel Company
  • JFE Steel Corporation
  • JSW Steel
  • Nucor
  • SSAB

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by end-use industry

Part 07: Geographical segmentation

Part 08: Decision framework

Part 09: Drivers and challenges

Part 10: Market trends

Part 11: Vendor landscape

Part 12: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/6fwbrx/global_high