Definition
Firms in this industry are mainly engaged in rolling or drawing purchased steel, which may be sourced from either local or offshore suppliers. Firms produce a variety of shapes through the rolling process, including plate, sheet, strip, rod and bar, while the only drawn product is wire of various grades and gauges. Typically, the end-product is made to conform with customer specifications. The industry does not include firms that roll or draw steel that they have manufactured themselves in either blast furnaces or steel mini-mills. These integrated operators form part of Industry 33111, Iron and Steel Mills and Ferroalloy Manufacture.

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.