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Brussels launches antitrust review of Tata-ThyssenKrupp steel deal

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Brussels has started the clock on a review of the European steel operations merger of Tata Steel and ThyssenKrupp, a landmark deal that would create Europe’s second largest steel producer. Europe’s competition commission opened its initial investigation into the tie-up on Tuesday and will need to decide by 10 October to either approve it or launch an in-depth probe. The investigation will examine how the deal could cut competition and may require the sale of assets in areas where the two companies have significant overlap. After more than two years of courtship and negotiations with activist investors and labour unions, the producers agreed in June what would be the biggest shake-up of Europe’s steel industry for more than a decade. Tata Steel and ThyssenKrupp will join their steelmaking operations on the continent to create a 50-50 joint venture with €17bn in revenues and 48,000 employees. TK-Tata would control roughly 27 per cent of the European market for flat steel, behind ArcelorMittal with 38 per cent, according to analysts and bankers. Problems are most likely to come in the speciality and niche product areas where the combined group would be strongly dominant, such as tin-plate for food packaging and electrical steels. The deal is an important step in the sector’s consolidation that executives have long argued is vital in the face of overcapacity, cheap imports, and, now, US tariffs on foreign metal. The group expects to make €400m-€500m in annual cost savings across its 34 sites, all while keeping the peace with highly unionised workforces. Some 4,000 jobs are expected to go, split equally between the two sides.

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Tata Steel receives approval to set up unit in Odisha

Tata SteelNSE 1.35 % Processing and Distribution Ltd is setting up a manufacturing unit at an investment of Rs 92 crore and it received the investment approval from the Government of Odisha, Wednesday.

The company’s Managing Director Abraham Stephanos formally received the investment approval from Odisha Chief Minister Naveen Patnaik during a roadshow – “Odisha Investors Meet” here.

The investment proposal was the 400th to be made through government of Odisha’s GO-SWIFT initiative.

The proposal by Tata Steel Processing was submitted to set up a manufacturing unit of steel doors and windows with capacity of 1.80 units per year at Kalinganagar industrial complex, Jajpur.

After receiving the approval from Patnaik, Abraham expressed his gratitude to the government for sanctioning their proposal within a short period of time.

“It was only last week, we applied through the GOSWIFT portal. We received the clearance in just four days”, he said.

Tata Group was committed to continue making investments in Odisha, he said.

 

The project, once operational would create employment opportunities to 250 people, he said.

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As Trump touts steel’s resurgence, steelworkers move closer to a strike

PITTSBURGH — A major steelworkers union has moved a step closer to striking, voting to authorize a labor stoppage that, if carried out, could derail the industry’s growth at a time when President Trump has touted its resurgence.

About 15,000 workers at plants owned by ArcelorMittal have unanimously voted to give the committee bargaining for new contracts here the right to call a strike within two days’ notice, union officials said Sunday night. That followed a similarly unanimous vote to authorize a strike from about 16,000 workers of U.S. Steel.

Together, the two companies account for nearly 25 percent of U.S. steel production, and a strike could hold back the industry at a time when it is benefiting from federal intervention aimed at boosting production and employment.

The Trump administration has imposed tariffs on imported steel and aluminum, aiming to protect domestic producers from foreign competition. U.S. steel profits have surged over the last two years despite a downturn in 2015 and 2016, as prices fell in part because of an international oversupply coming from China, according to Phil Gibbs, a steel analyst at KeyBanc Capital Markets. The industry has rebounded in 2017 and 2018, in part because of the tariffs, with the prices of hot-rolled coil — a key metric of steel prices — experiencing an increase of about 30 percent.

Unions negotiating new contracts argue that their members deserve a bigger share of the benefits.

They were already aggrieved over what they call stagnant wages, proposed increases to their health-care costs, changes to overtime rules and other issues. Officials involved in bargaining said that recent negotiations have not gone well and that the sides remain far apart on significant matters, most notably on the proposed additional cost-sharing for workers’ health-care plans.

“If I had to put a number on it, there is a 90 percent chance” of a strike, said Thomas M. Conway, international vice president of the United Steelworkers, the union group representing workers at both companies in current negotiations. “Our people are [angry]. They understand the risk of this and what it means for their families.”

Officials with ArcelorMittal and U.S. Steel referred to their previous statements when asked for comment. U.S. Steel said in a statement that the wage hikes are “significant” and amount to a 14 percent increase over a proposed six-year agreement.

There is no hard deadline for talks to come to a conclusion, and it remains possible that a deal could be ironed out well before a strike. And the latest back-and-forth may amount to more “chest-pounding” than a real threat, Gibbs said.

The dispute threatens to unravel one of the justifications for Trump’s sprawling trade war, which escalated on Sunday as the White House decided to impose tariffs on an additional $200 billion of Chinese goods. Tariffs on foreign steel imports have increased the price of steel and given domestic manufacturers a greater market share.

“The unions are seeing that the American steel companies are making a lot of money, and they want a piece of it,” said Michael Manjuris, a steel expert at Ryerson University in Toronto.

Union officials downplay the extent to which Trump’s tariffs account for the industry’s rebound, pointing to strong growth before the tariffs took effect. They have instead pointed to lingering fury over large multimillion-dollar bonuses taken by the top executives at the company, even as their pay stagnated during the industry’s downturn in 2015.

“This is not a time members are seeking to have a dispute: They are just getting back on their feet and there is some new hiring going on,” said Conway, of the steelworkers union. “There is nothing logical about this and U.S. Steel is very aware of that.”

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Steel Ministry asks PSUs to match private players to ramp-up steel production

The steel minister has also called for snatching opportunities from competitors like China to emerge as a global player in steel.

In order to emerge as a competitive force internationally in steel sector, Indian PSUs will have to follow practices of private sector firms that account for 80-82 percent of the domestic production, Union Minister Chaudhary Birender Singh has said.

The steel minister has also called for snatching opportunities from competitors like China to emerge as a global player in steel.

“The PSUs, which contribute about 18-20 percent of the steel production, should try to learn from the private sector, which accounted for the balance 80-82 percent of the production, if India has to emerge as a strong and competitive force internationally,” minutes of a recent meeting quoted Singh as saying.

The minister also underlined the need for strengthening the country’s position in the steel sector, while focussing on the requirement of producing high-quality alloy.

 

Over the policy restrictions on the Central and state governments to buy domestic steel, the minister clarified that there were some exemptions for high-quality grade steel that is not available domestically.

Expressing confidence that steel demand was virtually guaranteed for the next five decades, the minister in the minutes pointed out: “We were behind in snatching competition from other competitors like China, and should use more of our native innovative instincts to become a major player in the global market”.

Singh said the steel industry had come out of its crisis in the last 3-4 years and was in a position to look forward towards growth.

The National Steel Policy 2017 has set a target of 300 million tonnes per annum (MTPA) of production capacity by 2030.

The production capacity in 2017-18 has reached 137.97 million tonnes (MT).

The world crude steel production in 2017 registered a growth rate of about 5.3 percent as compared to the previous year. The global production in 2017 stood at 1,691.2 million tonnes.

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British Steel to axe almost 1 in 10 jobs

Steelmaker blames weak pound and euro but pledges not to close plants

British Steel is cutting 400 jobs at its sites in the UK and elsewhere in Europe as it blamed a weak pound and euro for driving up costs.

The firm said it was shedding almost 10% of its 5,000-strong workforce in a bid to “streamline” its operations and secure a long-term future.

It is the first time the company has shed staff since it was reborn two years ago when investment firm Greybull bought the business for £1 from Tata Steel, saving it from collapse.

Nic Dakin, the Labour MP for Scunthorpe, where British Steel’s main steelworks is based, said the news was a devastating blow for workers who had already done “everything asked of them” to avoid job losses.

“They have taken a pay cut, seen their pensions change and worked hard to get British Steel on its way,” he said.

 

The MP attacked the government for not helping the industry “level the playing field” since the Tata Steel crisis three years ago, adding that ministers had still not agreed a steel sector deal.

“As we leave the EU the government is not giving steel the priority it needs to be confident of a fair deal post-Brexit,” he said.

Unions said they understood UK steelmakers faced challenging conditions but that the cuts were disappointing coming after the firm posted a £21m profit for the first three months of 2018.

“This announcement will come as a body blow to the workforce who have already made huge sacrifices to make the business sustainable,” the National Trade Union Steel Coordinating Committee said.

Workers had accepted a 3% pay cut during the first year of the company, which supplied all the rail tracks for London’s Crossrail project.

It is not yet clear where the job cuts will fall across the firm’s operations in the UK, Ireland, France and the Netherlands. However, 4,000 of the 5,000-strong workforce are based in the UK.

Gerald Reichmann, British Steel’s chief financial officer, said the company needed to adapt. “We’ve made a strong start to life as British Steel but our external environment is constantly changing. For example, raw materials are all traded in US dollars, so the weakening of the pound and euro have implications for us,” he said.

The company said US sales represented a small percentage of its exports but it was disappointed by steel tariffs imposed by Donald Trump.

Reichmann said British Steel had a strong long-term future focused on “profitable, niche products” and was not closing any of its sites.

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USW rejects latest US Steel contract offer, preparing counterproposal this week

Louisville, Kentucky — The United Steelworkers union says it is preparing a counterproposal on behalf of more than 16,000 US Steel union workers that will include “real wage increases” after dismissing the company’s latest “sleight of hand” offer this week as inadequate.

Meghan Cox, spokeswoman for Pittsburgh-based US Steel, said in a statement this week the company’s revised six-year proposal “reflects the ongoing dialogue during our most recent round of negotiations.”

 

She said the offer includes an overall 14% base wage hike, including 4% this September, and 2% each in the following five Septembers covered by the proposed deal.

It also includes $10,000 in cash payments contingent upon ratification of the agreement by September 22.

The company, she said, “strongly believes” the proposal posted to the US Steel website is in the best interest of all the company’s stakeholders.

But the union, whose members voted overwhelmingly last week to authorize a strike against US Steel, disagrees.

In a Wednesday release to its members, the USW denounced the proposal as “another clumsy and bad-faith attempt to try to influence everyone’s first impression and undermine your bargaining committee.”

The USW disputed the offer’s alleged benefit to workers, saying US Steel is hoping to convince them to accept an inferior health-care plan in the latest labor contract.

The updated wage proposal also is misleading, the union said.

“So they took the 1% from the previously proposed increases in years two and three and slid it back to years four and five and then seemingly added another 1% to their last offer,” the union said. “It’s important, though, to understand the time value of money and realize that they’ll save money by keeping the 1% longer before it goes into our paychecks. After sorting everything out, we believe this is essentially the same or [an] even less costly wage proposal to them.”

 

  • Author:Bob Matyi 
  • Editor:Keiron Greenhalgh 
  • Commodity:Metals
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AK Steel Stock Upgraded 3 Times in 2 Weeks: What You Need to Know

Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope…

The good news for AK Steel (NYSE:AKS) investors began in the middle of last month, when CEO Roger Newport was reported to have placed an order to buy 10,000 of his own company’s shares at a $4.03 strike price. The news has only gotten better since.

For a man earning $3.4 million a year running AK Steel, Newport’s insider purchase (worth just over $40,000 at the time) wasn’t a huge risk, but it’s already earned the CEO a 3% return in less than a month (about 36% annualized). Perhaps more importantly, it appears to have caught Wall Street’s attention — and over the past three weeks, AK Steel stock has been upgraded three separate times, by three separate analysts.

Here’s what you need to know.

 

 

Morgan Stanley upgrades

Morgan Stanley was first in line to react to Newport’s insider purchase with an upgrade. On August 27, StreetInsider.com reported that the investment banker had upgraded AK Steel shares from equalweight (hold) to overweight (buy), with a $5.50 price target. (AK Steel stock costs just $4.16 as of today, implying that Morgan Stanley sees 32% upside in the shares.)

What has Morgan Stanley feeling so optimistic?

The upgrade doesn’t start out well. “Guidance has been disappointing and fears around equity issuance haven’t gone away,” concedes Morgan Stanley — which may explain why it cut its target price on the shares from a previously hoped-for $6 a share. And yes, with AK Steel carrying $2 billion in net debt on a market cap of only $1.3 billion, the company may ultimately decide it’s a good idea to sell some stock to raise cash with which to pay down debt, even if that dilutes existing shareholders a bit.

Nonetheless, Morgan Stanley argues that AK Steel at $4 and change offers “a good entry point,” and the reason is rising steel prices. Over the past six months, TradingEconomics reports that steel prices have risen by nearly one-third in price. Currently, AK Steel stock is unprofitable. But because “~60-70%” of AK’s steel output is sold on contract, and 25% of that contracted output will reprice higher in Q4 of this year, with a further 50% of that contract volume repricing shortly thereafter — in Q1 of 2019 — Morgan Stanley believes AK Steel stands to start reaping much higher profits in a very short period of time.

Merrill Lynch seconds

Next in line to upgrade AK was Merrill Lynch, which on Friday did a 180-flip in its thinking on AK Steel, upgrading the stock from underperform to buy — and assigned the same $6 price target that Morgan Stanley had just abandoned.

From a benchmark price of $700 per ton in 2018, Merrill sees hot-rolled coil steel rising to $750 a ton in 2019. Merrill sees as much as 85% of AK Steel’s “sheet business” in particular repricing to enjoy the higher prices between now and the end of 2019. Merrill also believes AK Steel will see a “substantial” increase in profits next year, as TheFly.com reports, helped by increased demand for steel from new oil and gas projects.

 

Completing the trifecta

Finally, just this morning, AK Steel saw its third upgrade in two weeks, when Norwegian banker Clarksons Platou chimed in with an upgrade of its own.

Echoing Merrill Lynch’s $6 price target, Clarksons added that AK Steel also stands to benefit more than most from “the upcoming 2019 annual auto contracts” to supply automakers with the steel they need. Current automotive steel prices are “well below market, says the analyst, and will rise to award AK fairer profits on its products.

This, argues Clarksons, should allow AK Steel “to disproportionally benefit versus peers” — and give its investors a chance at earning as much as a 44% profit on the shares.

The upshot for investors

As you can see, there’s a lot of optimism about AK Steel stock on Wall Street lately. That being said, an investment in AK Steel is anything but a sure thing. As already mentioned, AK Steel carries a huge amount of debt for a company of its size. At $2 billion net of cash on hand, AK’s debt load is 50% as big as its own $1.3 billion market capitalization.

On the other hand, if AK’s balance sheet carries “risk,” the stock also shows some serious “opportunity” for profit on its income statement. In addition to the positive prognostications already posted above, analysts surveyed by S&P Global Market Intelligence predict that after losing money last year, AK Steel stock will turn profitable — massively so — this year, earning $0.72 per share by the end of 2018, and growing that profit 30% to $0.94 in 2019. Should it hit those profits targets, AK Steel at $4.16 per share today is selling for just 5.8 times the profits it will earn by year end — and just 4.4 times the profit it will earn next year.

Those aren’t bad multiples to earnings at all, especially not with analysts positing a better than 21% annualized earnings growth rate for AK Steel stock over the next five years. When combined with positive trends in free cash flow — AK has generated positive cash profits for the past three years straight — and the potential for AK to use that cash to pay down its debt (long-term debt levels are down 16% over the same period), I think there’s at least a possibility that Wall Street is right this time.

AK Steel stock really might be a buy.

AK Steel Holding is not on our top “Buy” list, but these 10 stocks are
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China’s steel heartland tests mills’ mettle with new smog-busting plan

TANGSHAN, China (Reuters) – “Push the steel mills out of the city center and turn it into a modern, habitable place to live in,” reads a banner hung across the boarded-up offices of Guofeng Iron and Steel Co in the center of Tangshan, China’s top steelmaking city.

Behind the gates of the factory, surrounded by a hospital, a shopping mall and high-rise apartment blocks, workers and bulldozers were busy on a recent visit tearing down furnaces as part of a 38 billion yuan ($5.5 billion) plan to move to a new industrial park 60 kilometers (37 miles) away.

Six hours drive away to the southwest, meanwhile, executives at Hebei Xinjin Iron & Steel Co, a Handan-based medium-size mill, are scrambling to find a new site in the south after being served notice to leave their home province last month.

The two steelmakers are among the first producers in Hebei province to comply with the local government’s latest audacious plan to make its smoke-stack industries more efficient and clean the notoriously toxic air of the northern industrial heartland.

Provincial authorities ordered mills, including some owned by HBIS Group, the world’s fourth largest steelmaker, in almost a dozen of its smoggiest cities to shut, move to a new industrial park on the coast or get out.

The moves, detailed in a document published on the province’s website in July but not previously reported, mark a new front in the government’s years-long war on pollution and outdated excess capacity in heavy industry, heralding even more upheaval for the debt-laden steel sector.

After years of weeding out “zombie” mills and permanently shutting idled plants, these are some of the toughest steps yet as provincial administrators confront the challenge of meeting tougher central government emissions targets.

“Mills in Handan are now scrambling to look for a new place to move,” Yuan Zhanpeng, a manager at Xinjin, told Reuters.

Xinjin has had talks with some governments in eastern Anhui and southern Guangxi provinces in recent months, but no decision has been made, he said.

ANYWHERE BUT HERE

Tangshan missed its air quality goals last year, during which the city produced more steel that the whole of the United States.

Hebei’s aim is to cut steel capacity to 200 million tonnes per year (tpy) by 2020, down 20 percent from 2017. Jiangsu, China’s second-largest steelmaking region, issued a similar plan in August.

But the strategy will come at a huge financial cost to the mills, and environmental experts have questioned whether moving them to the coast will improve the region’s air. Those leaving Hebei and Jiangsu may simply shift the problem south.

“It could be a problem because environmental management and regulatory oversight in the south are weaker than in the north,” said Ma Jun, director at Institute of Public & Environmental Affairs (IPE), a Beijing-based non-profit organization.

“What I am concerned about is that the moves will not necessarily improve air quality in Hebei, since the remaining mills might ramp up output to fill the market gap.”

The Ministry of Ecology and Environment (MEE) will strengthen oversight of local authorities to try to prevent pollution moving south, said Cui Shuhong, director of the MEE’s environmental impact assessment department.

MOVE OR DIE

In its plan, Hebei has told six mills to absorb capacity from 17 smaller rivals and move by 2020 to four industrial parks dedicated to steelmaking in Fengnan, Caofeidian, Canzhou and Jingtang on Bohai Bay, southeast of Beijing.

Guofeng is one of the companies being swallowed up by a larger competitor, Xinhua Metallurgy, along with four other operators, according to company statements.

That deal is seen as test case for Hebei’s ambitious experiment, hastening sector consolidation, ousting inefficient minnows and creating mega-mills to compete globally.

At Fengnan, the newly-created company is building a state-of-the-art mill covering an area more than twice as large as New York’s Central Park that will produce 7.9 million tpy of precision steel, such as high-strength metal used in railways.

That’s much lower than the combined 9.9 million tpy produced by the companies now.

Construction started last year and the first phase is expected to finish next month, according to two staff at the site on a recent visit.

Underscoring the significance of the project for Hebei, a slogan on a government sign strung across a newly-erected building on the site says: “No delay and no rest”.

“Big steelmakers will have a bigger voice when they negotiate with foreign miners on iron ore imports. That’s also what the government wants to see,” said Richard Lu, steel analyst at consultancy CRU in Beijing.

By 2020, China’s top 10 steelmakers will account for 60 percent of national capacity, up from a third currently, while Hebei aims to cut its portion of nationwide steel output to 20 percent from nearly 30 percent.

The Xinhua project is partly being funded by central and local government. But those forced to move will have to find financing, stirring concerns that the industry may load up on more loans.

The sector’s debt ratio is 67.3 percent, down from 70 percent last year as mills benefited from soaring metal prices, but it is still higher than the 56.6 percent average for China’s general industrial companies.

Guofeng and its partner companies declined to comment.

TOWN OF STEEL

Tangshan is steeped in steel.

Hundreds of small private producers, who took advantage of vast local iron ore and coal deposits, have been shuttered in recent years by the government’s push to clean the air and cut excess capacity.

But removing mills entirely will transform the cityscape and lives of citizens, who have watched it rebuilt since a devastating earthquake in 1976.

“All steel mills in this region will be shut. When that day comes, I will shut my business and move to somewhere else as well,” said a resident, who has run a small restaurant near Guofeng’s factory for 14 years. She declined to give her name.

Officials pledged to invest more than 100 billion yuan ($14.6 billion) this year to upgrade the city’s economy.

But companies are struggling to find regions that will accept them due to environmental pressures. Southern Guangdong province has banned new industrial capacity in the Pearl River Delta region to limit pollution.

Still, many saw the writing on the wall. The biggest steel mill in provincial capital Shijiazhuang, Hebei Jingye Steel Group started looking for a new home before the plan came out.

“Even though our mill is far from the city center and has adopted sophisticated environmental equipment, we thought that sooner or later we would have to move,” said Zhang Lijie, a manager at the firm.

 

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China Boosts Steel, Pressures Other Metals

The price of steel is rallying, thanks to China, even as concerns about the country’s growth prospects pressure other metals.

Beijing is expected to cut steel production to help reduce pollution, which would curb supply, while construction of new houses in China is cushioning a drop-off in demand elsewhere.

That has helped boost the price of steel rebar futures by more than 15% over the past three months—a period in which almost all base metals have fallen by double-digit percentages.

“If you look at the end-of-the-line data, real estate has been doing very well and outperformed expectations,” said Serafino Capoferri, commodity research analyst at Macquarie.

China is responsible for consumption of around half of metal production. Concern that growth in the country is slowing, and wider worries about emerging markets and global trade, have pummeled metals other than steel.

The price of copper is down 17% since early June, while zinc is down 27% and aluminum is down 11%.

Steel, though, is benefiting from expectations that China will curb supply this winter.

Last winter, cuts aimed at improving air quality in cities near steel mills—coal-burning furnaces are a major source of smog—led to the shuttering of roughly 180 million tons of China’s approximate 1.1 billion tons in production. Looking ahead, Macquarie calculates that almost 50% of Chinese production may be taken out of action this winter.

 

With supply looking tight for the rest of 2018 and demand from China’s housing market still strong, commodities investors will be eager to secure reliable supply, analysts say.

“Consistent efforts to constrain supply have kept pricing at a healthy level,” said Seth Rosenfeld, managing director of equity research, metals and mining at Jefferies.

Chinese steel demand is up only 2% so far this year against double-digit growth in 2017, according to data from Jefferies, when demand for illegal production is removed from the equation.

The country’s robust housing sector is bolstering demand growth at a time when it has fallen in other markets. Around 35% to 40% of Chinese steel demand comes from building construction, according to Macquarie.

In July, China’s house price index notched its sharpest increase in 10 months, while the market’s stock-to-sales ratio—a proxy for demand—and new property starts have picked up in recent months, according to data from Bank of China International.

Behind that buoyancy are two Beijing priorities, analysts say: redeveloping poorer areas, and cautiousness against hurting the economy by squeezing available credit in state-controlled areas like house-building.

The poor performance of China’s equity and bond markets has made it even more important that the government doesn’t rush its economic reforms, said Carsten Menke, commodity analyst at Julius Baer.

The Shanghai Composite Index has fallen more than 24% from its peak in January, while the yuan is down nearly 7% since June.

 

Write to David Hodari

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High Strength Steel Market 2018 Global Share and Forecast to 2023

Sep 05, 2018 (Heraldkeeper via COMTEX) — Global High Strength Steel Market

WiseGuyRerports.com Presents “Global High Strength Steel Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” New Document to its Studies Database. The Report Contain 128 Pages With Detailed Analysis.

Description

High Strength Steel includes conventional High-Strength Steels and advanced High-Strength Steels (AHSS).

The conventional High-Strength Steels include High Strength Low Alloy Steels, Bake Hardenable Steels, Carbon Manganese Steels, and others.

Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes.

Scope of the Report:

This report focuses on the High Strength Steel in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Get sample Report @ https://www.wiseguyreports.com/sample-request/3380377-global-high-strength-steel-market-2018-by-manufacturers

The worldwide market for High Strength Steel is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers

Arcelor Mittal

SSAB

POSCO

United States Steel Corporation

Voestalpine AG

ThyssenKrupp AG

Baosteel

Ansteel

 

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

 

Market Segment by Type, covers

High Strength Low Alloy Steels

Dual Phase Steels

Bake Hardenable Steels

Carbon Manganese Steels

 

Market Segment by Applications, can be divided into

Automotive

Hoisting and mining equipment

Aviation & Marine

Others

Complete Report Details @ https://www.wiseguyreports.com/reports/3380377-global-high-strength-steel-market-2018-by-manufacturers

Table of Contents -Major Key Points

1 Market Overview

1.1 High Strength Steel Introduction

1.2 Market Analysis by Type

1.2.1 High Strength Low Alloy Steels

1.2.2 Dual Phase Steels

1.2.3 Bake Hardenable Steels

1.2.4 Carbon Manganese Steels

1.3 Market Analysis by Applications

1.3.1 Automotive

1.3.2 Hoisting and mining equipment

1.3.3 Aviation & Marine

1.3.4 Others

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2013-2023)

1.4.1.2 Canada Market States and Outlook (2013-2023)

1.4.1.3 Mexico Market States and Outlook (2013-2023)

1.4.2 Europe (Germany, France, UK and Italy)

1.4.2.1 Germany Market States and Outlook (2013-2023)

1.4.2.2 France Market States and Outlook (2013-2023)

1.4.2.3 UK Market States and Outlook (2013-2023)

1.4.2.5 Italy Market States and Outlook (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2013-2023)

1.4.3.2 Japan Market States and Outlook (2013-2023)

1.4.3.3 Korea Market States and Outlook (2013-2023)

1.4.3.4 India Market States and Outlook (2013-2023)

1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook (2013-2023)

1.4.4.2 Egypt Market States and Outlook (2013-2023)

1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)

1.4.4.4 South Africa Market States and Outlook (2013-2023)

1.4.4.5 Nigeria Market States and Outlook (2013-2023)

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

 

2 Manufacturers Profiles

2.1 Arcelor Mittal

2.1.1 Business Overview

2.1.2 High Strength Steel Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 Arcelor Mittal High Strength Steel Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

2.2 SSAB

2.2.1 Business Overview

2.2.2 High Strength Steel Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 SSAB High Strength Steel Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

2.3 POSCO

2.3.1 Business Overview

2.3.2 High Strength Steel Type and Applications

2.3.2.1 Product A

2.3.2.2 Product B

2.3.3 POSCO High Strength Steel Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

2.4 United States Steel Corporation

2.4.1 Business Overview

2.4.2 High Strength Steel Type and Applications

2.4.2.1 Product A

2.4.2.2 Product B

2.4.3 United States Steel Corporation High Strength Steel Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

2.5 Voestalpine AG

2.5.1 Business Overview

2.5.2 High Strength Steel Type and Applications

2.5.2.1 Product A

2.5.2.2 Product B

2.5.3 Voestalpine AG High Strength Steel Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

……..CONTINUED

 

NORAH TRENT

Partner Relations & Marketing Manager

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)

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