"The Global Steel Market to be Worth $1,195 Bn in 2012" Says Visiongain Report

Visiongain’s analysis indicates that the global steel market will reach a value of $1,195bn in 2012. Steel Prices are under downward pressure around the globe due to weak demand and economic slowdown.

London, United Kingdom, September 14, 2012 --(PR.com)-- The Visiongain author of The Steel Market Analysis, Financials & Forecasting 2012-2022 report commented that "Steel demand is highly correlated with macroeconomic indicators such as GDP growth, and government expenditures. Due to the debt crisis in the EU and slowing down in the GDP growth rate in countries such as China and India, growth in global steel demand will slightly decline in 2012 compared to the previous year. Construction will remain the major end-use sector followed by automotive and machinery. These aforementioned three sectors will remain the leading end use sectors during the forecast period."

The steel industry will be faced with important constraints and challenges over the next decade including steel and raw materials price volatility, overcapacity, growing protectionism, and economic stagnation in advanced economies. This report offers an examination of the steel market over the next decade, providing detailed market forecasts for leading national markets, and offering in-depth analysis of the opportunities and challenges facing companies in the steel market throughout the world. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the steel market.

The Steel Market Analysis, Financials & Forecasting 2012-2022 report contains 210 tables, charts and graphs that add visual analysis in order to explain developing trends within the steel market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global steel market, as well as for 8 end-use sectors (construction, machinery, transport, appliances, energy, fabrication, shipbuilding, others). In addition, 13 leading national steel markets are forecasted by market value, consumption, production and balance and analysed by Visiongain over the period 2012-2022. The report also provides SWOT and PEST analysis of the global steel market. The report provides profiles of 21 leading companies operating within the market, and includes 3 interviews with leading steel experts, providing expert insight alongside Visiongain analysis.

The Steel Market Analysis, Financials & Forecasting 2012-2022 report will be of value to steel producers, distributors, traders, service centers, as well as companies and research centers who wish to broaden their knowledge of the steel industry.

For sample pages and further information concerning the Visiongain report The Steel Market Analysis, Financials & Forecasting 2012-2022 please visit www.visiongain.com/Report/860/The-Steel-Market-Analysis-Financials-Forecasting-2012-2022

For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com
Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
Sara Peerun
+44 020 7336 6100