The Business Research Company’s Ferroalloys Market covers market
characteristics, size and growth, segmentation, regional and country
breakdowns, competitive landscape, market shares, trends and strategies for
this market.
Ferroalloys includes high
percentage nonferrous alloying elements such as electrometallurgical, manganese
metal, molybdenum silicon, silicomanganese, and spiegeleisen ferroalloys. These
are used in the production of wires, switches, automotive radiators, water
heaters, refrigerators, metal casting, and various other chemical processing
equipment.
The companies covered are Arcelor
Mittal, Tata Steel, Sakura Ferroalloys, OM Holdings LTD, and Ferroalloy
Corporation Limited.
View complete Report: https://www.thebusinessresearchcompany.com/report/ferroalloys-global-market-report-2018
Global steelmakers are gradually
shifting from blast furnace to Electric Arc Furnace (EAF) to manufacture steel.
EAF requires much lower investment, uses lower chemical reaction and offers
higher efficiency compared to a blast furnace. The use of EAF enables
steelmakers to produce steel from 100% scrap metal feedstock, reducing the
overall energy consumed to produce steel as compared to steel made from ores.
The countries covered are USA,
China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy,
India and rest of the world.
The growth of the metal and
mineral manufacturing industry is dependent on the economic state of a
country/region industrial and jewelry uses grow as economic activity grows,
while a slowed economy typically increases the use of precious metals for
investment purposes. Minerals also have a heavy industrial use and are
increasingly mined when economic demand necessitates mining growth. Coal is one
of the major mining products produced in substantial amounts all over the
world. This mineral provides around 30% of global energy and is heavily relied
upon for electricity production. However, its use on the power generation is
expected to decrease in a few countries during 2018-2022 to comply with
environmental pledges of the Paris Agreement.
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