Crude steel production in US is projected to grow at a CAGR of 6.3 % during 2015-2019, says RNCOS in its latest research report.

Noida, UP -- (SBWire) -- 12/15/2014 --US steel industry is expected to experience a positive growth with increasing demand created from manufacturing sector such as motor vehicles, auto parts, aerospace and machinery products. Steel provides superior corrosion resistance as well as high mechanical strength, which add extra dimension of safety, reliability, durability in various applications. Besides development of Advanced High-Strength Steel (AHSS) with unique metallurgical property and manufacturability further strengthen the steel demand from the manufacturing sector in the US.

According to our latest report "US Steel Industry Outlook 2019", container manufacturing industry in the US also plays a major role in overall steel consumption by provide sustainable packaging material for food items. Further, demand from the pylons and steel wires manufacturing sector for better electricity conduction applications and also demand from Oil Country Tubular goods (OCTG) manufacturing sector creates huge steel demand in the US. It is anticipated that, crude steel production in the US will grow at a CAGR of 6.3% during 2015-2019.

The report provides a comprehensive analysis and unbiased view of the US steel industry in terms of production, consumption, export and import by the sector. Further, product-wise production and consumption has also been discussed in the report, including long products, flat products and seamless tubes with forecast till 2019. This report also provides the further break up of long products production into concrete reinforcing bars, bars, and wire rods. Flat products production further segmented into electrical sheet & strip, tin mill and other metallic coated sheet & strips.

Besides that, the US steel consumption pattern further broken down by type of product, which represents that flat products, accounts the major share in total steel consumption in the country. Further, this report also provides the consumption of finished steel by product including stainless steel sheet or strip, plate, bar, rod and wire. Steel demand analysis from various sectors including construction, automobiles, energy, container, defense and security etc. and steel spot and scrap price are also covered in the report. This report also analyzes the competitive landscape covering business description, key financials, and strength & weakness analysis of major US steel players. Major market trends and drivers that are prevailing in the US steel industry are also discussed in the report. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the US steel industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM708.htm

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.