Released on: April 2, 2008, 5:25 am

Press Release Author: Shushmul Maheshwari

Industry: Industrial

Press Release Summary: “China Steel Industry Forecast till 2012” is the
latest market analysis by RNCOS on the world’s largest steel producer,
China’s steel industry.

Press Release Body: “China Steel Industry Forecast till 2012” is the
latest market analysis by RNCOS on the world’s largest steel producer,
China’s steel industry. This analysis gives an overview of the global steel
industry and discusses the Chinese steel industry in detail, including production
and consumption pattern, type of steel products, and major exporting–importing
countries. It also studies the growth drivers, opportunities, challenges, and future
outlook of the industry.

Market Analysis

China’s steel industry is among the world’s major industries and is
registering the fastest growth rate not only in terms of production but consumption
also (China is the world’s largest steel consumer). The country expanded its
steel-making capacity to meet the demand of its rapidly growing economy. Basically,
strong economic growth and cheap production base are the major driving forces for
rise in steel consumption.

The steel industry of China has been witnessing phenomenal growth since the last few
years. In 2006, total crude steel production in the country reached 422.7 Million
Metric Tons. China accounted for approx 34% of total global crude steel demand in
2006. Government support and economic growth is propelling growth in the Chinese
steel industry. During the period 2000-2006, demand for steel in China grew at a
CAGR of 19.18%.

Key Players Analyzed

This section provides the overview and key financials of players like Shanghai
Baosteel, Anshan Iron and Steel Group, Wuhan Iron & Steel, Shougang, Jinan Iron and
Steel Co. Ltd., Alison Group, etc.

Key Issues & Facts Analyzed

- What are the future growth prospects and opportunities for steel manufacturers in
China?
- What are the major challenges and driving forces for Chinese steel industry?
- What are the major steel exporting and importing countries?
- Who are the major competitors in Chinese steel industry?

Research Methodology

Information Sources

Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid databases.

Analysis Methods

The analysis method includes ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause and
effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

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