Top 10 countries in cumulative crude steel production in January 2022 and the aluminum slitting lines market prediction

Steel processing industry - Current status of the aluminum slitting lines

Growth in the construction, automotive and consumer aluminum slitting lines has played a big role in providing the needed boost to the global steel processing industry. The global steel processing industry is projected to grow at a CAGR of 6.86% between 2020 and 2026. Alloy steel is the fastest-growing segment of the global steel processing market and is suitable for all applications.

Top 10 countries in cumulative crude steel production in January 2022

China\'s crude steel production is estimated at 81.7 million tons, down 11.2 percent year on year

India produced 10.8 million tons of crude steel, up 4.7 percent year on year

Japanese crude steel production was 7.8 million tons, down 2.1 percent year on year

U.S. crude steel production was 7.3 million tons, up 4.2 percent year on year

Russian crude steel production is estimated at 6.6 million tons, up 3.3% year on year

South Korea\'s crude steel production is estimated at 6 million tons, down 1.0% year on year

German crude steel production was 3.3 million tons, down 1.4% year on year

Crude steel production in Turkey was 3.2 million tons, down 7.8 percent year on year

Brazilian crude steel production was 2.9 million tons, down 4.8 percent year on year

Iran crude steel production is estimated at 2.8 million tons, down 20.3% year on year

Crude steel output by region in January 2022

These regions contain data submitted by 64 steel-producing countries, which accounted for 98% of global crude steel production in 2020.

Africa: Egypt, Libya, South Africa

Asia and Oceania: Australia, China, India, Japan, New Zealand, Pakistan, Korea, Taiwan, Vietnam

Commonwealth of Independent States: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan

The European Union (27)

Other Countries in Europe: Bosnia and Herzegovina, Macedonia, Norway, Serbia, Turkey, United Kingdom

Middle East: Iran, Qatar, Saudi Arabia, UNITED Arab Emirates

North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States

South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela

Foshan Te Xiang Machinery Co., Ltd is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line, stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc. If you have any questions about the aluminum slitting lines or want to seek our help. Send an email to info@txmachinery.net, please feel free to contact us.

Metal and Steel Processing Industry - the aluminum slitting lines market distribution

The aluminum slitting lines market has been segmented in terms of value and volume based on steel shape, steel type, end-user and region. Segments by steel shape include flat, long and tube steel. The division by type of steel includes alloy and carbon steel. Applications include construction, shipping, energy, packaging, consumer electronics, housing, automotive, etc. The regional segment includes aluminum slitting lines market size and shares in North America, Europe, Asia Pacific, Latin America and other regions.

Metal and Steel Processing industry – the aluminum slitting lines market demand

Market demand for steel processing is expected to grow by us $642.43 billion by 2020, with a CAGR of 2.16% from 2015 to 2020. Growth in the global construction, consumer electronics and automotive industries has played a huge role in providing the necessary momentum for the global steel processing industry after the economic slowdown of 2007-2009. In addition, the reduction of alternatives to steel has made steel an indispensable part of customers lives. The recovery of the global aluminum slitting lines economy will also boost demand in the steel processing market.

The Asia-pacific region is expected to become the fastest-growing region in the steel processing market from 2015 to 2020. Major players in steel processing prefer agreements, contracts, joint venture and partnership strategies as well as expansion and investment to gain a larger share of the market. Leading aluminum slitting lines providers of steel processed products and services are focusing on emerging countries that are expected to show potential for industrial development in the near future.

Metal and Steel Processing Industry - Future planning of the aluminum slitting lines

The steel processing market is a highly fragmented one due to the huge demand for environmentally friendly products and changing technologies. Large companies rely on regional and local distributors to increase their market share and geographic distribution. The company is pursuing inorganic growth strategies such as acquisitions to respond to the growing demand for steel processing in key emerging markets. These strategies have helped the company build a larger customer and partner base in key aluminum slitting lines markets.

The application needs of steel processing are constantly changing and manufacturers must continue to invest in RESEARCH and development and come up with innovative solutions.

Steel deep processing is the only way for the development of the aluminum slitting lines steel industry. Chinas steel production is in the stage of oversupply, structural contradictions are: advanced production capacity and backward production capacity coexist; The shortage of high-end products and the surplus of low-end products coexist; Industrial concentration is poor.

Leading manufacturer of metallic processing machines, the aluminum slitting lines supplier

Foshan Te Xiang Machinery Co., Ltd is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line, stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc.

Thanks to the experience acquired in many years of business in the field of sheet metal processing, and the continuous collaboration with downstream manufacturers that demand reliability and the maximum productivity, we have developed various types of cut to length line machines for special applications, with solutions at the forefront of technology, and able to reduce the production costs of the end product. TX CTL line can be incorporated with air cushioned, bomb-door type stackers, computer controlled high-precision 4 HI and 6 HI levellers, edge trimmer and etc.

According to the dimensions, thickness of the material, and production capacity, TX cut-to-length cutting lines can be divided into various types:

1)start-stop shear CTL line;

2)flying shear CTL line;

3)rotary shears CTL line ;

4)trapezoidal shear CTL line;

5)heavy gauge CTL line;

6)flat bar cut to length line

If you have any questions about the aluminum slitting lines or want to seek our help. Send an email to info@txmachinery.net，please feel free to contact us.