October 9, 2018: The global steel
bar market witnessed a positive CAGR growth in the assessment years.
Steel bar exhibit ductility and strength related capacities and are largely
controlled by steel reinforcing bars since it places special requirements
particularly by regulating the inelastic portion of stress-strain curve that
largely depends on the rebar manufacturing method besides chemical and
metallurgical compositions of the steel used.
There
are two typical processes for reinforcing bars of higher strength using mild
steel comprising either cold-working or heat treatment. Cold working process
involves twisting and stretching of mild steel to gain cold twisted deformed
bars of the amplified strength, even though it lessens the ductility in the
material. Other method uses thermos-mechanical treatment processes under which
the red hot rebars are cooled with a set of water jets causing a hardened outer
layer surrounding softer core. The derived rebars possess higher yield strength
than the original mild steel and is considered as a superior ductility,
weldability and bendability.
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| Steel Bar Market |
Driving
factors responsible for the steel bar market includes manufacture of several
products such as anchor bolts, industrial nozzles & valves, food processing
equipment, machine and automotive shafts, fittings & faucets and
reinforcing bars. In addition, the rise in application areas of steel bars
positively impacts in oil and gas sector.
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Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Steel Bar in these regions, from 2013 to 2025
(forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Steel Bar market competition by
top manufacturers, with production, price, revenue (value) and market share for
each manufacturer; the top players including
•
Arcelormittal
•
Gerdau SA
•
Nippon Steel & Sumitomo Metal Corporation
•
Steel Authority of India Limited (SAIL)
•
Tata Steel
•
Essar Steel
•
Mechel OAO
•
Evraz PLC
•
Commercial Metals Company (CMC)
•
Jindal Steel & Power Ltd.
•
Steel Dynamics
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Deformed Steel Bar
•
Mild Steel Steel Bar
On the basis of the end
users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate for
each application, including
•
Infrastructure
•
Building
•
Industrial
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