Market for Hot-Rolled High Speed Steel Bar in Northern America
The size of the market for hot-rolled bars of high speed steel in Northern America contracted remarkably to $ in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a noticeable slump. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
In the United States, hot-rolled high speed steel bar consumption shrank by an average annual rate of -% over the period from 2007-.
In value terms, the United States ($) led the market, alone.
From 2007 to , the average annual growth rate of value in the United States was relatively modest.
In the United States, hot-rolled high speed steel bar per capita consumption plunged by an average annual rate of -% over the period from 2007-.