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Global Alloy Steel Market Worth $ 210.4 Billion by 2019

Alloy steel is steel that is alloyed with a variety of elements in total amounts between 1.0% and 50% by weight to improve its mechanical properties.
perfect wang | 04.08.2016
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Alloy steel is steel that is alloyed with a variety of elements in total amounts between 1.0% and 50% by weight to improve its mechanical properties. Alloy steel includes Low-alloy steels and High-alloy steels on the base of classification, which represent 68% and 32% of global alloy steel market.

Machine manufacturing and petrochemical engineering are the main application of alloy steel product and Asia is the largest alloy steel market on production and consumption.

Global alloy steel market is projected to reach $ 210.4 Billion by 2019, with a GAGR of 1.7% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global alloy steel market are NSSMC, HBIS, Baosteel Group, JFE Steel, ArcelorMittal, Nucor, United States Steel etc..

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Read Full Report: http://www.gosreports.com/global-alloy-steel-report-market-size-and-forecast-2020/

Joanna | Executive – International Business and partner Relations
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