The Business Research Company’s latest report Iron And Steel Mills And Ferroalloy Global Market Report 2020 covers Iron And Steel Mills And Ferroalloy market drivers, Iron And Steel Mills And Ferroalloy market trends, Iron And Steel Mills And Ferroalloy market segments, Iron And Steel Mills And Ferroalloy market growth rate, Iron And Steel Mills And Ferroalloy market major players, and Iron And Steel Mills And Ferroalloy market size. The report provides in-depth analysis of the impact of COVID-19 on the Iron And Steel Mills And Ferroalloy industry, along with revised market numbers due to the effects of the coronavirus.
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Iron And Steel Mills And Ferroalloy Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global iron and steel mills and ferroalloy market is expected to decline from $874.7 billion in 2019 to $770.8 billion in 2020 at a compound annual growth rate (CAGR) of -11.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $992.3 billion in 2023.
The report covers the Iron And Steel Mills And Ferroalloy market’s segments- by type: Crude Steel, Pig Iron, Ferroalloys. Subsegments covered: Non-Alloy, Alloy, Ferromanganese, Ferrochrome, Ferrosilicon, Other Alloys
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