Steel is one of the most versatile and widely used materials in the world. It is a combination of iron and other elements such as carbon, manganese, and silicon that give it unique properties such as high strength, durability, and ductility. Long steel products, also known as long products, are a type of steel that are manufactured in long lengths and shapes such as rods, bars, wires, and tubes. In this blog, we will explore the world of long steel products, their properties, and their uses.
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The global long steel market size was valued at $476,213 million in 2020, and is projected to reach $731,934 million by 2030, registering a CAGR of 4.1% from 2021 to 2030. Long steel products, also known as long products in the steel industry, refer to steel products such as wire, rod, rail, and bars, as well as different forms of steel structural sections and girders. Bridge which comes under fabricated structural unit are also known as long steel products. Blooms and billets, from which bars, rods, and structural shapes are rolled are termed as products of long steel.
Properties of Long Steel Products
Long steel products have a wide range of properties that make them ideal for various applications. One of the most important properties of long steel products is their high tensile strength, which allows them to withstand high stress and strain without breaking. This makes them ideal for use in construction, transportation, and manufacturing industries.
Another important property of long steel products is their ductility, which allows them to be easily shaped and formed into different shapes and sizes. This makes them ideal for use in the fabrication of various structures such as bridges, buildings, and towers.
Long steel products also have good weldability, which means that they can be easily joined together using various welding techniques such as arc welding, MIG welding, and TIG welding. This makes them ideal for use in the construction of structures that require welding such as pipelines, storage tanks, and pressure vessels.
Types of Long Steel Products
Long steel products come in a wide range of shapes and sizes. Some of the most common types of long steel products include:
- Bars and rods – These are long steel products that are round, square, or hexagonal in shape. They are commonly used in construction, manufacturing, and engineering industries for the fabrication of various structures.
- Wires – These are thin long steel products that are commonly used in electrical and mechanical applications such as in the production of cables, springs, and screws.
- Tubes – These are long steel products that are hollow and are commonly used in construction, manufacturing, and engineering industries for the fabrication of various structures such as pipelines, scaffolding, and towers.
- Rebars – These are long steel products that are used in the construction industry to reinforce concrete structures such as buildings, bridges, and roads.
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Uses of Long Steel Products
Long steel products have a wide range of applications in various industries. Some of the most common uses of long steel products include:
- Construction – Long steel products such as bars, rods, and rebars are commonly used in the construction industry for the fabrication of various structures such as buildings, bridges, and roads.
- Manufacturing – Long steel products such as wires and tubes are commonly used in the manufacturing industry for the production of various products such as cables, springs, and screws.
- Engineering – Long steel products are commonly used in the engineering industry for the fabrication of various structures such as pipelines, scaffolding, and towers.
- Transportation – Long steel products such as tubes and bars are commonly used in the transportation industry for the fabrication of various structures such as trailers, trucks, and trains.
Competition Analysis
Key companies profiled in the long steel market report include Arcelor Mittal, Baowu Steel Group Corporation Limited, Gerdau S.A., HeSteel Group Company Limited, Hyundai Steel Co., Ltd, Nippon Steel Corporation, Nucor Corporation, POSCO Corporation, Ternium S.A., and Votorantim S.A.
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Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging long steel market trends and dynamics.
- In-depth emerging long steel market analysis is conducted by constructing market estimations for key market segments between 2020 and 2030.
- Extensive analysis of the emerging is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global emerging long steel market forecast analysis from 2021 to 2030 is included in the report.
- The key players within emerging long steel industry are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the emerging long steel industry.
Segments
By Process
- Basic Oxygen Furnace
- Electric Arc Furnace
By Product Type
- Rebar
- Wire Rod
- Merchant Bar
- Others
By Application
- Construction
- Industrial
- Others