The global long steel market size is expected to reach USD 701.69 Billion at a steady CAGR of 3.6% in 2028, according to latest analysis by Emergen Research. Structural steel products such as rails are used in various industries, and expansion of lines and routes, as well as need for timely repair and replacement is fueling growth of the long steel market. Steel is used to produce handrails and these are highly essential to ensure proper safety. Structural steel railings have greater tensile strength than other materials, as well better rust proof and weather resistant properties, thereby making the material very suitable for outdoor applications.

The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.The publication also dedicates individual chapters to various segments present in the market and the related sub-segments. In this study, our analysts provide historical revenues along with the estimated revenues for all the sectors. Sales of products and the evolution of end-users have also been inspected in this research report.

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Key Players Profiled in the Report are:

Nucor Corporation, Gerdau SA, Tata Steel Limited, Steel Dynamics Inc., ArcelorMittal SA, POSCO, Ansteel Group Corporation Limited, Nippon Steel Corporation, Mechel PAO, and Acerinox SA.

The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.  The chapter on geographical analysis assesses the regional markets. It takes an in-depth view of the volatile socio-political conditions, weather fluctuations, and annual budgets of nations to determine their effect on the global market.

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Key Objectives of the Report:

• Analysis and estimation of the Long Steel market size and share for the projected period of 2020-2027
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Long Steel market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

Emergen Research has segmented the global long steel market on the basis of production process, product type, application, distribution channel, and region:

Production Process Outlook (Revenue, USD Billion; 2018–2028)

• Electric Arc Furnace
• Basic Oxygen Furnace

Product Type Outlook (Revenue, USD Billion; 2018–2028)

• Wire Rod
• Rebar
• Rail
• Merchant Bar
• Others

Application Outlook (Revenue, USD Billion; 2018–2028)

• Industrial
• Construction
• Railways
• Others

Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)

• Direct
• Indirect

Regional Analysis of the Long Steel Market:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Market Overview:

The research report on the Long Steel market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Long Steel business sphere.

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