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. Increasing global long steel market revenue growth can be attributed to rapid growth of the construction industry due to surging demand due to increasing industrialization and urbanization, particularly in developing countries. Long steel products are used in the construction industry for installations, foundations, and supports required in buildings, as well as for columns, paneling, and walls, among other construction applications. 

The report offers an accurate forecast estimation of the Long Steel industry based on the recent technological and research advancements. The Global Long Steel Report is a panoramic study of the overall Long Steel market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Long Steel market. The report provides a detailed analysis of the key factors of the Long Steel market that are expected to have a positive impact on the growth of the Long Steel industry.

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Analysts employ Porter’s five forces analysis, SWOT analysis, and PESTLE analysis to decipher the course that key vendors will prefer in the coming years. The research report also provides the financial footing of the vendors, market growth strategies, along with the expansion plans of businesses in the coming years. Industry experts have verified all information encompassed in the global Long Steel market research report.

Key companies operating in the Long Steel market include:

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.

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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:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

• 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

Key Questions Addressed in the Report:

• Who are the leading players in the Long Steel industry?
• Which region is expected to dominate the market in the coming years?
• What are the key applications of Long Steel?
• Which segment is expected to garner traction during the coming years?
• What are the key strategies adopted by leading players in the market?

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