Noida, India (PressExposure) March 16, 2011 -- According to our recent research report "US Steel Industry Outlook", steel industry in the US was witnessing tremendous demand-supply growth before the economic slowdown dented its outlook and brought industry's growth in negative territory. On the back of new housing starts and infrastructure projects execution, the industry is well set to regain its growth momentum. The report further revealed that, the downtrend of steel consumption will fade away in coming years with the resumption of growth in steel dependent sectors and steel demand will register 4% CAGR growth during 2010-2012.
The study identified that, the government initiatives are paying off for steel industry and the industry already started showing encouraging growth results at both demand and supply fronts. The US housing starts will reach nearly 1.7 Million units by 2012 from their 2009 level of 0.59 Million units. Similarly, the automobile production and exports are projected to show inevitable recovery from 2010 onwards, triggering steel industry development in the US.
The report categories steel demand prospects in all important segments: Automobile, construction and Energy sectors. The report has analyzed steel Industry future potentials in all these segments in detail. Additionally, the report facilitates deep understanding on current and projected trends in the industry and provides objective analysis of industry developments. A brief overview of leading market players have also been added in the report including information on business description and strategies.
Our report "US Steel Industry Outlook", provides extensive research and in-depth analysis of the steel industry in the US. In addition to the current market trends, the report presents forecast analysis for the industry based on past drivers, challenges, and opportunities for expansion. In this way, the report presents an unbiased market picture that will prove decisive for the clients. Overall, our research study provides valuable information to clients looking to venture into this market and helps them to devise strategies, while going for an investment/partnership in the concerned market.
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