Research and Markets has announced the addition of the “Steel in Germany” report to their offering. Steel in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Germany steel market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
- The steel market consists of the production of crude steel in the stated country or region.
- The German steel market had total revenues of $39.6 billion in 2011, representing a compound annual growth rate (CAGR) of 1% between 2007 and 2011.
- Market production volumes decreased with a CARC of -2.3% between 2007-2011, to reach a total of 44.3 million metric tons in 2011.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.9% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $50.3 billion by the end of 2016.
Source: Business Wire, New York