This section provides detail analysis of China Steel industry, which haswitnessed phenomenal growth in the last five. In the year 2005, total steelproduction reached 349.5 million tones. China accounts for 31% of total globalsteel demand. Government support & economic growth is propelling growth inthe Chinese steel industry. Although with some recent mergers &acquisitions, Chinese steel industry is relatively consolidated but with a totalof 871 global steel producers, it remains largely fragmented.
Key Findings
§ In the recent past China is emerging as a major growth driver in the globalsteel industry. Since 1989 china has contributed 56% of global steel industrygrowth.
§ Huge government support in form of subsidies has fuelled the creation of theworld’s largest steel industry.
§ Chinese high import depends ratio of Cold Rolled sheets, Galvanized sheets& Electrical sheets due to imbalance in product mix, offers greatopportunity for global steel players.
§ Although China is the worlds largest steel consumer (31% of global steelconsumption)
§ Over capacity & structural problem is a critical challenge that Chinesesteel industry needs to tackle for future growth.
Key Issues and Facts Analyzed
Demand Supply analysis.
§ What opportunities exist for the steel manufacturers in china steel industry?
§ What are the major challenges & driving forces for Chinese steelindustry?
§ Who are the major competitors in Chinese steel industry?
Key Players Analyzed
This section covers the key facts about major players currently operating in theChina steel industry including Baosteel, Tangshan Iron & Steel Co, WuhanIron and Steel, Jinan Iron & Steel, Panzhihua New Steel & VanadiumCompany & Laiwu Iron & Steel Co.
Research Methodology
Information Sources
Information has been sourced from namely, Books, Newspapers, trade journals, andwhite papers, industry portals, government agencies, trade associations,monitoring industry news and developments, and through access to access to morethan 3000 paid databases.
Analysis Methods
The analysis methods includes the following: Ratio Analysis, Historical TrendAnalysis, Linear Regression Analysis using software tools, JudgmentalForecasting and Cause and Effect Analysis.
