About Steel Market
Steel is an alloy of iron, carbon (less than 2%), and other elements. It is the most important engineering and construction material as it finds applications in the making of products from almost all aspects of human life. The spend momentum of this market will be attributed to the increasing use of pre-engineered steel solutions and lightweight steel.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Steel Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

Global Steel Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
• The use of novel technologies to recycle metals in the production process
• For a full, detailed list, view our report
Category management strategy
• Implementation of stringent quality assurance program at suppliers' facilities
• For a full, detailed list, view our report
Procurement best practices
• Optimal distribution of spend across the supply base
• For a full, detailed list, view our report
Key questions answered in this report
• What are the market dynamics?
• What are the key market trends?
• What are the category growth drivers?
• What are the constraints on category growth?
• Who are the suppliers in this market?
• What are the demand-supply shifts?
• What are the major category requirements?
• What are the procurement best practices in this market?

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