Concise Analysis of the European Iron and Steel Construction Market - Forecasts to 2017
DUBLIN, February 13, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/twt7pt/the_iron_and) has announced the addition of the "Concise Analysis of the European Iron and Steel Construction Market - Forecasts to 2017" report to their offering.
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According to the European Commission, Europe is the world's second-largest steel producer, accounting for 11% of the world's total steel output and employing 360,000 people. The continuing economic uncertainty in Europe adversely affected the iron and steel market, and directly impacts the construction and automotive industries. Russia is the largest iron and steel market in Europe; it accounted for 17% of the European iron and steel market in 2012.
The Russian construction industry recorded a CAGR of 3.55% during the review period. Realizing the importance of modernizing infrastructure to achieve long-term growth, the Russian government has announced large-scale investments in infrastructure construction. Consequently, the Russian iron and steel construction market registered positive growth during the review period.
Russia's iron and steel construction market will also be supported by large-scale investment in infrastructure construction due to the nation's hosting of the 2014 Winter Olympics and the 2018 FIFA World Cup, which will require stadiums, transport infrastructure and accommodation.
Owing to cost pressures, the Italian steel industry faces a deep crisis, and with low demand for steel in Europe, many plants are struggling to survive. ILVA and Lucchini, the country's largest steel producers, face potential shutdowns. Business confidence in Italy is dwindling, as businesses remain unconvinced about economic recovery. The downgrading of the Italian government's credit rating by Moody's is another key factor that has adversely affected business confidence.
Key Topics Covered:
1 Executive Summary
2 Iron and Steel Construction Market Analysis
3 European Iron and Steel construction Market
4 Company Profile: ArcelorMittal
5 Company Profile: OAO Severstal
6 Company Profile: Metinvest Holding, LLC
7 Company Profile: Evraz Group SA
8 Company Profile: ThyssenKrupp Steel Europe AG
- Evraz Group SA
- Metinvest Holding, LLC
- OAO Severstal
- ThyssenKrupp Steel Europe AG
For more information visit http://www.researchandmarkets.com/research/twt7pt/the_iron_and
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SOURCE Research and Markets