The global steel market is expected to grow at 5.4% CAGR from 2024 to 2030. It is expected to reach above USD 910 billion by 2030 from USD 566 billion in 2020.
Comprehensive information and analysis on major market trends, expansion prospects, and new difficulties are offered by the Steel market report. By delivering actionable intelligence, Steel stay ahead of the competition and make well-informed decisions. The company provides thorough reports that assist clients in navigating complex market landscapes, promoting strategic growth, and grasping new opportunities in a constantly changing global market by utilizing a combination of qualitative and quantitative research methods.
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List of the Key Players
ArcelorMittal (Luxembourg), POSCO (South Korea), Shangang Group (Spain), NSSMC Group (Japan), China Baowu Group (China), HBIS Group (China), Tata Steel Group (India), Nucor Corporation (US), Hyundai Steel Company (South Korea), China Steel Company (Taiwan).
Steel Market Segmentation
Steel Market by Type, 2020-2029, (USD Million), (Kilotons)
Flat Steel
Long Steel
Steel Market by Product, 2020-2029, (USD Million), (Kilotons)
Structural Steel
Iron Steel Wire
Bright Steel
Welding Iron/Rod
Ropes
Prestressing Steel
Braids
Others
Steel Market by Application, 2020-2029, (USD Million), (Kilotons)
Automotive
Mechanical
Building And Construction
Metal Products
Mechanical Equipment
Electric Appliances
Domestic Appliances
Other Transportation
Steel Market by Region, 2020-2029, (USD Million), (Kilotons)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important countries in all regions are covered.
Regional Analysis
North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, the Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Some extract from Table of Contents
- Overview of Steel Market
- Steel Size (Sales Volume) Comparison by Type (2025-2034)
- Steel Size (Consumption) and Market Share Comparison by Application (2025-2034)
- Steel Size Comparison by Region (2025-2034)
- Steel Sales, Revenue and Growth Rate (2025-2034)
- Steel Competitive Situation and Trends
- Steel Manufacturing Cost Analysis
- The most recent innovative headway and supply chain pattern mapping
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