In 2014, revenue for the Steel Rolling industry in China grew by 2.7% to total $911.4 billion. Over the past five years, revenue has been growing at an annualized rate of 9.2%, driven by strong demand for high quality and value-added steel products from downstream industries such as automobile manufacturing (IBISWorld industry report 3721) and real estate management and development (7210a and 7210b).
In recent years, there have been supply surplus problems within the industry. However, long-term prospects are promising as China continues to become more urbanized and the government focuses on expanding infrastructure.
The Steel Rolling industry shapes slabs or ingots into steel products of a wide range of shapes and sizes through processing methods such as hot rolling, cold rolling, forging and extruding.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.