The growth of iron ore pellets market is driven by the rising number of steel manufacturing facilities across the world, says the report.

Major players operating in the steel rebar market share are ArcelorMittal, Gerdau SA, Tata Steel, Nippon Steel & Sumitomo Metal, SAIL, Essar Steel, Hyundai Steel, Daido Steel, Mechel OAO, Acerinox S.A., Kobe Steel, Evraz PLC, Jindal Steel & Power Ltd., Commercial Metals Company (CMC), and others.

CASE Group has announced the launch of CASE Pre Heater Technology for steel industry. Expert estimated that steel melting time would be reduced by half as compared to the present scenario and power saving would be approximately 200 units per ton.