Latin America Steel Rebars Market - Global Industry Analysis

Latin America Steel Rebars Market By Type (Deformed, Mild), By Process (Basic Oxygen Steelmaking, Electric Arc Furnace, Others), and By End User (Residential, Infrastructure, Commercial): Latin America Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028

Published Date: 28-Oct-2021 Category: Heavy Industry Report Format : PDF Pages: 180 Report Code: ZMR-6803 Status : Published

The Latin America Steel Rebars Market accounted for USD 6,271 Million in 2020 and is expected to reach USD 12,056 Million in 2028 growing at a CAGR of 7.3% between 2021 and 2028.

Description

Market Overview

The Latin America Steel Rebars Market accounted for USD 6,271 Million in 2020 and is expected to reach USD 12,056 Million in 2028 growing at a CAGR of 7.3% between 2021 and 2028.

Steel bars are widely used across construction sector for varied purposes. Some purposes need high tensile strength steel bars and some need low tensile strength steel bars, Commercial and government projects need twisted steel bars as they can conceive more weight as their tensile strength is highest. Increasing number of construction projects across Latin is one of the prime factors for rising demand of steel bars.

Global Latin America Steel Rebars Market Size

COVID-19 Impact Analysis

The Latin America is still suffering through an unprecedented COVID-19 outbreak posing social, health, and economic emergency. National trade, travel and tourism, e-commerce, customer care, and consumer products are some of the severely affected sectors due to COVID-19 outbreak in Latin America. With travel restrictions on board and ban on local movement, people were stuck at places from where they couldn’t attend offices and manufacturing facilities for months which made companies to lose enormous revenue in first 3 quarters of 2020. Marketing campaigns had stopped due to which marketing industry subsequently suffered the same. Jobs in construction material, industrial, and housing sectors were on stake and due to rapid downfall in investments, situation was nowhere to be seen to recover till end of 2021. In September 2020, lockdown restrictions in most of the Latin American countries have been lifted only to realize that the number of cases is rising rapidly again.

Growth Factors

Government initiatives go a long way in making a country self-sufficient and competitive in terms of export. Population growth in emerging economies has led to mass migration, exerting an enormous strain on the existing urban infrastructure. In order to deal with this, country governments have started providing soft loans to spur investment and FDI in the respective country's construction and industrial sectors. As steel bars are widely used in construction activities, increasing government investments and the rising demand for building and construction drive the demand for steel bars across Latin America.

The mining industry significantly contributes to a nation's economy. In Latin America, the mining industry had a positive outlook during 2014–2016 and is expected to flourish against a backdrop of upcoming projects in Brazil, Argentina, and other countries in Latin America. With increasing international trading activities in the last few years, Latin American seaborne trade has observed massive expansion majorly supported by the 2017 upswing in the world economy. Expanding at a rate of 4%, the fastest growth in five years, global maritime trade gathered momentum, wherein the total volume has reached 11 billion tons, as reported by United Nations Conference on Trade and Development (UNCTAD). As per to the UNCTAD, over 80% of global trade by volume and more than 70% of its value is carried on ships and handled by ports worldwide, which is expected to benefit Latin American trade routes and ports.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Type Analysis Preview

Deformed segment held a share of around 76.97% in 2020. Hot rolled deformed bars is one kind of reinforcing steel bars. Its surface commonly has ribs which has three kinds of shape: crescent, spiral, and herringbone. Hot rolled deformed bars with high strength can be directly used in reinforced concrete structure and also can be used as pre-stressed reinforcing bar after cold drawing. Because of its great flexibility, it is widely used in many construction sectors including commercial, residential, and industrial. It has minimum crack width, desired flexibility, high fatigue resistance, and high bonding strength features and has a wide array of applications including reinforced concrete slabs, refabricated beams, construction industry, residential and building structures, cages, and columns.

Global Latin America Steel Rebars Market Share

Process Segment Analysis Preview

Electric Arc Furnace segment is expected to grow at a CAGR of over 1.3% from 2021 to 2028. This process involves refractory lined and tiltable basic oxygen furnace (BOF) converter into which a vertically movable and water-cooled lance is inserted to blow oxygen through nozzles at supersonic velocity onto the charge. To refine 1 charge, only about 20 minutes are required per heat as the use of pure oxygen at high flow rates results in fast oxidation of elements contained in blast furnace iron. Commercial advantages of using pure oxygen instead of air in refining pig iron into steel such as less labor, steel with a low nitrogen content, and high production rates were recognized long back.

Regional Analysis Preview

Brazil held a share of 28.09% in 2020. Latin America is one of the fastest growing and revolutionizing markets across the globe. Due to fast urbanization in this modern world, raw material manufacturers, industrial manufacturers are entering the market and also moving their manufacturing hubs to Latin America. This scenario has increased demand for steel bars in the manufacturing sector of Latin America.

The Latin America steel bar market is expected to register a healthy growth rate during the forecast period. The U.S.-China trade war has led to some marginal gains for economies in this region. Argentina and Brazil are the leading economies that govern Latin America's economic outlook.

Key Market Players & Competitive Landscape

Some of key players in Latin America Steel Rebars Market are ArcelorMittal, Gerdau, Nippon Steel and Sumitomo Metal Corporation, Tata Steel, Mechel PAO, Nucor Corporation, Celsa Steel, Ansteel Group, among others. 

The Latin America Steel Rebars Market is segmented as follows:

By Type

  • Deformed
  • Mild

By Process

  • Basic Oxygen Steelmaking
  • Electric Arc Furnace
  • Others

By End User

By Region

  • Latin Americas
    • Brazil
    • Argentina
    • Rest of Latin America

Table Of Content

 

  • Chapter No. 1 : Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 : Executive Summary
    • 2.1. Market Snapshot
    • 2.2. Latin America Steel Rebars Market, 2016 – 2028 (USD Million)
    • 2.3. Latin America Steel Rebars Market, 2016 – 2028 (K-Tons)
  • Chapter No. 3 : COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
    • 3.2. Pre COVID-19 Market Revenue, By Country, 2016-2019 (USD Million)
    • 3.3. Pre COVID-19 Market Revenue, By Country, 2016-2019 (K-Tons)
    • 3.4. Post COVID-19 Market Revenue, By Country, 2020-2028 (USD Million)
    • 3.5. Post COVID-19 Market Revenue, By Country, 2020-2028 (K-Tons)
    • 3.6. COVID-19 Impact
  • Chapter No. 4 : Steel Rebars Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
      • 4.1.2. Market Vulume Share, By Type, 2020 & 2028
    • 4.2. Deformed
      • 4.2.1. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Mild
      • 4.3.1. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 : Steel Rebars Market – Process Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Process, 2020 & 2028
      • 5.1.2. Market Vulume Share, By Process, 2020 & 2028
    • 5.2. Basic Oxygen Steelmaking
      • 5.2.1. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Electric Arc Furnace
      • 5.3.1. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Others
      • 5.4.1. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 : Steel Rebars Market – End User Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By End User, 2020 & 2028
      • 6.1.2. Market Vulume Share, By End User, 2020 & 2028
    • 6.2. Residential
      • 6.2.1. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Infrastructure
      • 6.3.1. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Commercial
      • 6.4.1. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 : Steel Rebars Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Latin America Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Latin America Market Vulume Share, By Region, 2020 & 2028
      • 7.1.3. Latin America Market Revenue, By Region, 2016 – 2028 (USD Million)
      • 7.1.4. Latin America Market Revenue, By Region, 2016 – 2028 (K-Tons)
      • 7.1.5. Latin America Market Revenue, By Type, 2016 – 2028
      • 7.1.6. Latin America Market Vulume, By Type, 2016 – 2028
      • 7.1.7. Latin America Steel Rebars Market Revenue, By Process, 2016 – 2028
      • 7.1.8. Latin America Steel Rebars Market Vulume, By Process, 2016 – 2028
      • 7.1.9. Latin America Steel Rebars Market Revenue, By End User, 2016 – 2028
      • 7.1.10. Latin America Steel Rebars Market Vulume, By End User, 2016 – 2028
      • 7.1.11. Brazil
        • 7.1.11.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 7.1.11.2. Brazil Market Vulume, By Type, 2016 – 2028
        • 7.1.11.3. Brazil Steel Rebars Market Revenue, By Process, 2016 – 2028
        • 7.1.11.4. Brazil Steel Rebars Market Vulume, By Process, 2016 – 2028
        • 7.1.11.5. Brazil Steel Rebars Market Revenue, By End User, 2016 – 2028
        • 7.1.11.6. Brazil Steel Rebars Market Vulume, By End User, 2016 – 2028
      • 7.1.12. Argentina
        • 7.1.12.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 7.1.12.2. Argentina Market Vulume, By Type, 2016 – 2028
        • 7.1.12.3. Argentina Steel Rebars Market Revenue, By Process, 2016 – 2028
        • 7.1.12.4. Argentina Steel Rebars Market Vulume, By Process, 2016 – 2028
        • 7.1.12.5. Argentina Steel Rebars Market Revenue, By End User, 2016 – 2028
        • 7.1.12.6. Argentina Steel Rebars Market Vulume, By End User, 2016 – 2028
      • 7.1.13. Bulivia
        • 7.1.13.1. Bulivia Market Revenue, By Type, 2016 – 2028
        • 7.1.13.2. Bulivia Market Vulume, By Type, 2016 – 2028
        • 7.1.13.3. Bulivia Steel Rebars Market Revenue, By Process, 2016 – 2028
        • 7.1.13.4. Bulivia Steel Rebars Market Vulume, By Process, 2016 – 2028
        • 7.1.13.5. Bulivia Steel Rebars Market Revenue, By End User, 2016 – 2028
        • 7.1.13.6. Bulivia Steel Rebars Market Vulume, By End User, 2016 – 2028
      • 7.1.14. Paraguay
        • 7.1.14.1. Paraguay Market Revenue, By Type, 2016 – 2028
        • 7.1.14.2. Paraguay Market Vulume, By Type, 2016 – 2028
        • 7.1.14.3. Paraguay Steel Rebars Market Revenue, By Process, 2016 – 2028
        • 7.1.14.4. Paraguay Steel Rebars Market Vulume, By Process, 2016 – 2028
        • 7.1.14.5. Paraguay Steel Rebars Market Revenue, By End User, 2016 – 2028
        • 7.1.14.6. Paraguay Steel Rebars Market Vulume, By End User, 2016 – 2028
      • 7.1.15. Rest of Latin America
        • 7.1.15.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 7.1.15.2. Rest of Latin America Market Vulume, By Type, 2016 – 2028
        • 7.1.15.3. Rest of Latin America Steel Rebars Market Revenue, By Process, 2016 – 2028
        • 7.1.15.4. Rest of Latin America Steel Rebars Market Vulume, By Process, 2016 – 2028
        • 7.1.15.5. Rest of Latin America Steel Rebars Market Revenue, By End User, 2016 – 2028
        • 7.1.15.6. Rest of Latin America Steel Rebars Market Vulume, By End User, 2016 – 2028
  • Chapter No. 8 : Steel Rebars Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Government Investments in Building & Construction Activities
      • 8.2.2. Massive Mining and Port Building Projects
    • 8.3. Market Restraints
      • 8.3.1. Different Characteristic Limitations of Various Steel Bar Types
    • 8.4. Market Opportunities
      • 8.4.1. Increasing Demand from Emerging Economies
    • 8.5. Porter’s Five Forces Analysis
      • 8.5.1. Bargaining Power of Suppliers
      • 8.5.2. Bargaining Power of Buyers
      • 8.5.3. Threat of Substitute
      • 8.5.4. Threat of New Entrants
      • 8.5.5. Competitive Rivalry
    • 8.6. Technulogy Landscape
    • 8.7. Value Chain Analysis
    • 8.8. Pricing Analysis, USD/Kg
    • 8.9. Import Export Analysis of Steel Bars
      • 8.9.1. Import Data
      • 8.9.2. Export Data
    • 8.10. Key Suppliers of Raw Materials
    • 8.11. U.S. Suppliers of Steel Stock and Formed Steel Shapes
    • 8.12. Global Steel Manufacturers
  • Chapter No. 9 : Competitive Landscape
    • 9.1. Company Market Share Analysis – 2020
      • 9.1.1. Latin America Steel Rebars Market: Company Market Share, 2020
      • 9.1.2. Latin America Steel Rebars Market, Company Market Revenue, 2020 (USD Million)
  • Chapter No. 10 : Company Profiles
    • 10.1. ArcelorMittal
      • 10.1.1. Company Overview
      • 10.1.2. Financial Performance (USD Million)
      • 10.1.3. Product Portfulio
      • 10.1.4. Strategy
    • 10.2. Gerdau
      • 10.2.1. Company Overview
      • 10.2.2. Financial Performance (USD Million)
      • 10.2.3. Product Portfulio
      • 10.2.4. Strategy
    • 10.3. Nippon Steel and Sumitomo Metal Corporation
      • 10.3.1. Company Overview
      • 10.3.2. Product Portfulio
      • 10.3.3. Strategy
    • 10.4. Tata Steel
      • 10.4.1. Company Overview
      • 10.4.2. Product Portfulio
      • 10.4.3. Strategy
    • 10.5. Mechel PAO
      • 10.5.1. Company Overview
      • 10.5.2. Product Portfulio
      • 10.5.3. Strategy
    • 10.6. Nucor Corporation
      • 10.6.1. Company Overview
      • 10.6.2. Financial Performance (USD Million)
      • 10.6.3. Product Portfulio
      • 10.6.4. Strategy
    • 10.7. Celsa Steel
      • 10.7.1. Company Overview
      • 10.7.2. Product Portfulio
      • 10.7.3. Strategy
    • 10.8. Ansteel Group
      • 10.8.1. Company Overview
      • 10.8.2. Product Portfulio
      • 10.8.3. Strategy
  • Chapter No. 11 : Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
  • Chapter No. 12 : Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Table Of Figures

List of Figures    

FIG NO. 1. Latin America Steel Rebars Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 2. Latin America Steel Rebars Market Revenue, 2016 – 2028 (K-Tons)
FIG NO. 3. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 4. Market Volume Share, By Type, 2020 & 2028
FIG NO. 5. Latin America Steel Rebars Market for Deformed, Revenue (USD Million) 2016 – 2028
FIG NO. 6. Latin America Steel Rebars Market for Deformed, Volume (K-Tons) 2016 – 2028
FIG NO. 7. Latin America Steel Rebars Market for Mild, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Latin America Steel Rebars Market for Mild, Volume (K-Tons) 2016 – 2028
FIG NO. 9. Market Revenue Share, By Process, 2020 & 2028
FIG NO. 10. Market Volume Share, By Process, 2020 & 2028
FIG NO. 11. Latin America Steel Rebars Market for Basic Oxygen Steelmaking, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Latin America Steel Rebars Market for Basic Oxygen Steelmaking, Volume (K-Tons) 2016 – 2028
FIG NO. 13. Latin America Steel Rebars Market for Electric Arc Furnace, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Latin America Steel Rebars Market for Electric Arc Furnace, Volume (K-Tons) 2016 – 2028
FIG NO. 15. Latin America Steel Rebars Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Latin America Steel Rebars Market for Others, Volume (K-Tons) 2016 – 2028
FIG NO. 17. Market Revenue Share, By End User, 2020 & 2028
FIG NO. 18. Market Volume Share, By End User, 2020 & 2028
FIG NO. 19. Latin America Steel Rebars Market for Residential, Revenue (USD Million) 2016 – 2028
FIG NO. 20. Latin America Steel Rebars Market for Residential, Volume (K-Tons) 2016 – 2028
FIG NO. 21. Latin America Steel Rebars Market for Infrastructure, Revenue (USD Million) 2016 – 2028
FIG NO. 22. Latin America Steel Rebars Market for Infrastructure, Volume (K-Tons) 2016 – 2028
FIG NO. 23. Latin America Steel Rebars Market for Commercial, Revenue (USD Million) 2016 – 2028
FIG NO. 24. Latin America Steel Rebars Market for Commercial, Volume (K-Tons) 2016 – 2028
FIG NO. 25. Latin America Steel Rebars Market Revenue Share, By Region, 2020 & 2028
FIG NO. 26. Latin America Steel Rebars Market Volume Share, By Region, 2020 & 2028
FIG NO. 27. Company Share Analysis, 2020
FIG NO. 28. Research Methodology – Detailed View
FIG NO. 29. Research Methodology


Table Of Tables

List of Tables 

TABLE NO. 1. Latin America Steel Rebars Market: Snapshot
TABLE NO. 2. Pre COVID-19 Market Revenue, By Country 2016-2019 (USD Million)
TABLE NO. 3. Pre COVID-19 Market Revenue, By Country, 2016-2019 (Tons)
TABLE NO. 4. Post COVID-19 Market Revenue, By Country, 2020-2028 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Country, 2020-2028 (Tons)
TABLE NO. 6. Latin America Steel Rebars Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Latin America Steel Rebars Market Revenue, By Region, 2016 – 2028 (K-Tons)
TABLE NO. 8. Latin America Steel Rebars Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 9. Latin America Steel Rebars Market Volume, By Type, 2016 – 2028 (K-Tons)
TABLE NO. 10. Latin America Steel Rebars Market Revenue, By Process, 2016 – 2028 (USD Million)
TABLE NO. 11. Latin America Steel Rebars Market Volume, By Process, 2016 – 2028 (K-Tons)
TABLE NO. 12. Latin America Steel Rebars Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 13. Latin America Steel Rebars Market Volume, By End User, 2016 – 2028 (K-Tons)
TABLE NO. 14. Brazil Steel Rebars Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 15. Brazil Steel Rebars Market Volume, By Type, 2016 – 2028 (K-Tons)
TABLE NO. 16. Brazil Steel Rebars Market Revenue, By Process, 2016 – 2028 (USD Million)
TABLE NO. 17. Brazil Market Volume, By Process, 2016 – 2028 (K-Tons)
TABLE NO. 18. Brazil Steel Rebars Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 19. Brazil Steel Rebars Market Volume, By End User, 2016 – 2028 (K-Tons)
TABLE NO. 20. Argentina Steel Rebars Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 21. Argentina Steel Rebars Market Volume, By Type, 2016 – 2028 (K-Tons)
TABLE NO. 22. Argentina Steel Rebars Market Revenue, By Process, 2016 – 2028 (USD Million)
TABLE NO. 23. Argentina Market Volume, By Process, 2016 – 2028 (K-Tons)
TABLE NO. 24. Argentina Steel Rebars Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 25. Argentina Steel Rebars Market Volume, By End User, 2016 – 2028 (K-Tons)
TABLE NO. 26. Bolivia Steel Rebars Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 27. Bolivia Steel Rebars Market Volume, By Type, 2016 – 2028 (K-Tons)
TABLE NO. 28. Bolivia Steel Rebars Market Revenue, By Process, 2016 – 2028 (USD Million)
TABLE NO. 29. Bolivia Market Volume, By Process, 2016 – 2028 (K-Tons)
TABLE NO. 30. Bolivia Steel Rebars Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 31. Bolivia Steel Rebars Market Volume, By End User, 2016 – 2028 (K-Tons)
TABLE NO. 32. Paraguay Steel Rebars Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 33. Paraguay Steel Rebars Market Volume, By Type, 2016 – 2028 (K-Tons)
TABLE NO. 34. Paraguay Steel Rebars Market Revenue, By Process, 2016 – 2028 (USD Million)
TABLE NO. 35. Paraguay Market Volume, By Process, 2016 – 2028 (K-Tons)
TABLE NO. 36. Paraguay Steel Rebars Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 37. Paraguay Steel Rebars Market Volume, By End User, 2016 – 2028 (K-Tons)
TABLE NO. 38. Rest of Latin America Steel Rebars Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 39. Rest of Latin America Steel Rebars Market Volume, By Type, 2016 – 2028 (K-Tons)
TABLE NO. 40. Rest of Latin America Steel Rebars Market Revenue, By Process, 2016 – 2028 (USD Million)
TABLE NO. 41. Rest of Latin America Market Volume, By Process, 2016 – 2028 (K-Tons)
TABLE NO. 42. Rest of Latin America Steel Rebars Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 43. Rest of Latin America Steel Rebars Market Volume, By End User, 2016 – 2028 (K-Tons)
TABLE NO. 44. Drivers for the Steel Rebars Market: Impact Analysis
TABLE NO. 45. Latin America Steel Rebars Market, Company Market Revenue, 2020 (USD Million)
 

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FrequentlyAsked Questions

The Latin America Steel Rebars Market was valued at around USD 6,271 Million in 2020.

The Latin America Steel Rebars Market is expected to reach over USD 12,056 Million by 2028, growing at a CAGR of around 7.3% between 2021 to 2028.

 

Some of the key factors driving the Latin America Steel Rebars Market growth is Government Investments in Building & Construction Activities, Massive Mining and Port Building Projects, among others.

Some of the major companies operating in the Latin America Steel Rebars Market are ArcelorMittal, Gerdau, Nippon Steel and Sumitomo Metal Corporation, Tata Steel, Mechel PAO, Nucor Corporation, Celsa Steel, Ansteel Group, among others.

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