NEW YORK – The Steel will grow at a CAGR of 3.00% by 2024.Ā This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Steel requirements.
Major Price Trends in the Steel Procurement Market
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for Steel with the wider industry and identify the cost-saving potential.