Summary

United Kingdom (UK) Steel Market Summary, Competitive Analysis and Forecast to 2026

Summary

Steel in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The steel market consists of the production of crude steel in the stated country or region.
- The UK steel market had total revenues of $7.1 billion in 2021, representing a compound annual growth rate (CAGR) of 14.8% between 2016 and 2021.
- Market consumption volumes declined with a CAGR of -1.1% between 2016 and 2021, to reach a total of 7.2 million tons in 2021.
- In 2021, the UK market surged to strong growth and came out from continuous contraction in the last three years. The growth in 2021 is driven by economic recovery and new construction orders from both public and private sectors.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the steel market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in the United Kingdom
- Leading company profiles reveal details of key steel market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom steel market with five year forecasts

Reasons to Buy

- What was the size of the United Kingdom steel market by value in 2021?
- What will be the size of the United Kingdom steel market in 2026?
- What factors are affecting the strength of competition in the United Kingdom steel market?
- How has the market performed over the last five years?
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Table of Contents

Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. How did the COVID-19 pandemic affect the industry?
7.5. What new products/services/innovations have been launched in the market over the last year?
8 Company Profiles
8.1. Tata Steel Ltd
8.2. Grupo Celsa
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine