The U.S. dominates in global imports of steel wire, accounting for a 15% share (based on USD). It was followed by Germany (9%), France (4%), and Japan (4%). In 2015, U.S. steel wire imports totaled 2,503 million USD, which was 1% more than the year before. Imports experienced a drastic fall in 2009, when they dropped by nearly 41%. This was followed by rapid growth over the three years that followed, which lost its momentum in 2013, with imports growing at a weak pace through to 2015.
In 2015, U.S. steel wire imports almost reached the pre-recession imports level of 2008, only 2% short from a full recovery.
Despite the weak pace of post-crisis recovery, the U.S. continues to be one of the biggest markets for global exporters.
China, Canada, and, distantly, Mexico were the main suppliers of steel wire into the U.S., with a combined share of 69% of total U.S. imports in 2015. Mexico was the fastest growing supplier (+3.3% per year) from 2007 to 2015, while imports from China declined by -3.2% per year from over the same period, and imports from Canada remained relatively stable. Mexico slightly improved its position in the U.S. import structure, growing its share from 12% in 2007 to 15% in 2015. By contrast, China saw its share reduced by -11 percentage points, down to 34%.
From 2007 to 2015, the U.S. was a net importer of steel wire. However, exports grew a bit faster than imports on average over the period under review.
In 2015, U.S. steel wire industry ran a trade deficit of 1,875 million USD, a figure that remained relatively stable in recent years.
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“U.S. Steel Wire Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. steel wire market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Noninsulated ferrous wire rope, cable, and fabricated wire rope assemblies (including lifting slings), made in plants that draw wire; Steel nails, staples, tacks, spikes, and brads, made in plants that draw wire; Steel wire, including galvanized and other coated wire, made in plants that draw wire; Steel fencing and fence gates, made in plants that draw wire; Ferrous wire cloth and other ferrous woven wire products, made in plants that draw wire; Other ferrous wire products (excluding springs), made in plants that draw wire; Steel wire drawing, nsk, total.
Companies mentioned: Fort Wayne Metals Research Products Corp, Bekaert Corporation, Master-Halco, Gafp, Insteel Industries, Taubensee Steel & Wire Company, The Heico Companies L L C, Suncoast Post-Tension, Southwestern Wire, Draka Elevator Products, Zapp Precision Wire, Tappan Wire & Cable Inc.,Tokusen U.S.A., Hamrock, Davis Wire Corporation, Laclede Chain Manufacturing Company, National-Standard, Owl Wire & Cable, Barrette Outdoor Living, Loos & Co., Mount Joy Wire Corporation, Central Wire, Tree Island Wire (usa), American Manufacturing, United Wire Hanger Corp, Bekaert North America Management Corporation, Insteel Wire Products Company, National Material Company, The Gehr Group.
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES