Steel rebar are long steel products, which are used as reinforcement elements in Reinforced Cement Concrete (RCC). Steel rebars are hot rolled steel products and are used as reinforcement elements, along with concrete to effectively bear tensile, compression, and bending-in in concrete construction.
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ArcelorMittal (Luxembourg), Gerdau S.A (Brazil), Nippon Steel & Sumitomo Metal Corporation (Japan), Posco SS-Vina, Co. Ltd (Vietnam), Steel Authority of India Limited (India), Tata Steel Ltd. (India), Essar Steel (India), Mechel PAO (Russia), EVRAZ plc (U.K.), Sohar Steel LLC (Oman), Celsa Steel UK (U.K.), Kobe Steel Ltd. (Japan), Jiangsu Shagang Group (China), NJR Steel (South Africa), Commercial Metals Company (U.S.), The Conco Companies (U.S.), Barnes Reinforcing industries (South Africa), Jindal Steel & Power Ltd. (India), Steel Dynamics (U.S.), SteelAsia Manufacturing Corporation (Philippines), Outokumpu Oyj (Finland), Acerinox S.A. (Spain), Hyundai Steel (South Korea), Daido Steel Co., Ltd. (Japan), and Byer Steel (U.S.) are the key players in the steel rebar market.
Steel rebar, owing to its heavy consumption in the construction segment, which includes infrastructure, housing, and industrial, is being widely used in the construction industry and in structural engineering.
Some of the important strategies adopted by key companies to scale up their activities in the market are expansions, partnerships & joint ventures, acquisitions, contracts, and new product developments. These companies are also investing in R&D activities to strengthen their product portfolios and their positions in the steel rebar market.
ArcelorMittal is the world’s leading steel and mining company, and produces approximately 114 million tons of crude steel. ArcelorMittal is the successor to Mittal Steel, a business originally set up in 1976. The company was founded in 2006 through the merger of Arcelor and Mittal Steel and is headquartered in Luxembourg City, Luxembourg. ArcelorMittal manufactures and supplies quality steel products to various industries, which include construction, automotive, packaging, and household appliances. ArcelorMittal produces blooms, rebars, billets, wire rods, sections, sheet piles, rails, and drawn wires, along with seamless and welded tubular products. The company, through its long business segment, serves industries, which include construction and mechanical engineering, automotive, and energy, among others. ArcelorMittal has a presence in 60 countries and an industrial footprint in 19 countries.
The company focuses on both, organic and inorganic growth strategies for sustainable development. For instance, in Oct 2016, ArcelorMittal Brasil S.A. and Votorantim S.A. signed a definitive agreement for long steel business, which helps the company in increasing the production capacity of its long steel business. As a part of the inorganic growth strategy, ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation have completed the acquisition of ThyssenKrupp Steel USA (U.S.) in February 2014, which helped the company in capacity expansion of hot rolling, cold rolling, coating, and finishing lines. For the growth of the steel segment, ArcelorMittal has engaged in various agreements, acquisitions, and contracts in recent years.
Gerdau SA was founded in 1901 in Porto Alegre, Brazil. The company is the largest supplier of special long steel in the world, and is among the leading producers of long steel in the Americas. Gerdau is also the largest supplier to the automotive industry worldwide. For instance, in September 2015, Gerdau supplied 16,500 tons steel including reinforcing steel bars for expansion of the Tampa International Airport. Gerdau SA has a strong footprint across the globe, and presence in countries such as Argentina, Brazil, Chile, Columbia, Dominican Republic, Guatemala, India, Mexico, North America, Peru, Uruguay, and Venezuela. The company engages in the production and supply of steel products worldwide. It has a wide product portfolio, which includes shapes, rebars, drawn products, bars, billets, slabs, blooms, wire rods, and structural shapes. Gerdau SA also offers millions of tons quality steel through recycled scrap and serves industries such as agriculture, construction, automotive, and industrial. The company engages in the inorganic growth strategy through expansions. For example, in May 2013 the company expanded its production capacity for the steel operational facility of Knox County with expansions in the West Knox County.
