Signs Of Slow Growth For The Metal Manufacturing Market As Per TBRC’s Latest Report
Posted October 15, 2018 by sainath
Companies Included: Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, JFE, TATA Steel Group
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https://www.thebusinessresearchcompany.com/report/metal-manufacturing-global-market-report-2018
The global metal manufacturing market has shown decline in the past years with a CAGR of negative 2%. The year 2014 recorded highest ever growth in this market with a net value of over $4 trillion, and decreased ever since to the lowest in 2017 with a value of $1 trillion, as per TBRC’s inhouse consultants.
TBRC’s latest report show how the trends changed in the market for each year, globally and geographically with sourced reasons to support the diversion claims.
The report also shows the metal manufacturing market to grow with a positive CAGR by 2021 as compared to negative growth in 2017, along with geographies best suited for investments with highest return rate.
Sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=96&type=smp
The negative growth can be attributed to fall in the commodity prices of metals such as aluminum, high operational costs and stringent regulations associated with ferroalloys manufacturing that contributed to the decline in this market. Going forward the market is expected to stabilize due to recovery in developed economies and accelerating growth in emerging and developing markets such as Russia, China, Brazil and India.
Companies included in the report are Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, JFE, and TATA Steel Group.
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| Contact Email | [email protected] |
| Issued By | sainath |
| Phone | 02071930708 |
| Business Address | 47 Anchorage Point,, 42 Cuba Street, Canary Wharf,, London, England,, E14 8NE., +44 207 1930 708 42 Cuba Street, Canary Wharf, |
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| Categories | Business , Industry , Manufacturing |
| Tags | iron and steel mills and ferroalloy manufacturing market analysis , metal manufacturing market research report , nonferrous metal production and processing market report |
| Last Updated | October 15, 2018 |