About Steel Market
Steel is an alloy of iron, carbon, and other elements. It is the most important engineering and construction material as it finds use in the manufacturing of products from almost all aspects of human life. Also, steel is one of the most important materials used to construct buildings, bridges, trucks, rails, turbines, electromagnets, fridge, washing machines, watches, and protective equipment among others.
The growing demand for steel from end-use industries such as construction, transportation, energy, packaging, appliances, and accessories is expected to accelerate market growth.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Steel Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Steel Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to the optimization of category spend.

Category driver
• Increasing use of pre-engineered steel solutions
• For a full, detailed list, view our report
Category management strategy
• Focus on reducing the TCO
• For a full, detailed list, view our report
Procurement best practices
• Optimizing TCO
• For a full, detailed list, view our report
Key questions answered in this report
• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints on category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?

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