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市场调查报告书
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1942415

2026年至2034年钢铁市场规模、份额、趋势及预测（按类型、产品类型、应用及地区划分）

Steel Market Size, Share, Trends and Forecast by Type, Product, Application, and Region, 2026-2034
出版日期: | 出版商: IMARC | 英文 144 Pages | 商品交期: 2-3个工作天内

价格

2025年全球钢铁市场规模为10,490亿美元。展望未来，IMARC集团预测，到2034年，该市场规模将达到13,087亿美元，2026年至2034年的复合年增长率（CAGR）为2.98%。亚太地区目前占据市场主导地位，预计2025年将占据超过62.7%的市场。推动市场成长的主要因素包括：军工和航太领域产品使用量的增加、电气设备需求的成长、造船业产品的快速应用以及众多消费品製造业对产品的日益普及。

全球市场的主要驱动力是食品饮料储存领域对先进包装的日益普及。由于其高耐用性和可回收性，先进包装正积极影响全球钢铁业的前景。食品饮料储存领域对先进包装的采用正在刺激全球钢铁市场的发展。此外，钢铁业目前正日益积极地采取绿色环保倡议，以减少其对环境的影响并实现国际排放目标。例如，2024年10月29日，印度JSW集团和韩国浦项钢铁公司签署了一份谅解备忘录，将在印度建造一座年产能500万吨的综合钢铁厂。该计划旨在引进绿色技术，符合两家公司对永续性的关注，并有助于增强印度钢铁业的实力。

美国是重要的区域市场，其成长主要得益于建筑和房地产行业的扩张，包括基础设施现代化和住宅开发计划。对公共基础设施（包括公路、桥樑和机场）的大规模投资，推动了对高品质结构钢的需求。製造业，特别是机械设备製造业的復苏，进一步加速了市场成长。先进汽车製造业的兴起，尤其註重安全性和燃油效率，推动了对先进高强度钢的需求，进一步促进了市场成长。对太阳能和风力发电等再生能源来源的需求，增加了能源基础设施对特殊钢的需求。促进本地生产和抑制进口的贸易政策，支持了国内钢铁业的成长。回收和循环经济实践的创新，提高了成本效益和环境绩效，创造了更强劲的市场前景。

钢铁市场趋势：

全球汽车产业的显着成长

汽车产业的成长为该市场带来了光明的前景。随着全球汽车产业的蓬勃发展，相关产业的钢铁消费量也不断攀升。钢铁在汽车製造中发挥核心作用，确保车辆的结构完整性和安全性，并透过轻量化提升效率和经济性。为了实现零排放目标，各汽车製造商（OEM）制定了雄心勃勃的计划，并在新闻稿中重点提及。他们承诺在2030年将投资超过5,000亿美元用于电动车（EV）生产设施的建设。例如，2023年11月，现代汽车宣布投资超过15亿美元在韩国蔚山新建一座电动车工厂。同样，本田、福斯和福特等主要製造商也在大力投资建设新的生产设施，以加速向电动出行转型。汽车製造商正在加速采用先进的高强度轻质钢合金，以提高燃油效率、减少排放气体，同时满足不断变化的环境法规和消费者偏好。这项策略转变正在推动对专为汽车产业量身定制的创新钢材解决方案的需求。此外，钢铁业趋势和分析表明，高强度轻质钢材的进步对于支持汽车产业向电动车转型至关重要，而这项转型是由环境法规和全球对永续交通解决方案的推动所驱动的。

军用飞机製造对钢铁的需求不断增长

军用飞机製造对钢材需求的激增也是市场的主要驱动力之一。军用飞机需要强度高、耐久性强且能抵抗恶劣环境的材料。钢材的高抗拉强度和可靠性使其成为这些飞机各种部件的理想选择。俄乌战争促使世界各国进一步增加国防预算并调整全球防御态势。根据产业报告显示，2022年全球军事开支将成长3.7%。 2022年军费开支排名前五的国家是美国、中国、俄罗斯、印度和沙乌地阿拉伯，这五个国家合计占全球军费开支的63%。随着许多国家将国防预算用于现代化和扩充军机，对先进军用飞机的需求也不断增长。这些军用飞机包括战斗机、运输机和直升机，从机身到起落架、引擎零件和其他关键结构零件，全部由钢材製造。此外，全球军事开支的成长以及由此导致的军用飞机製造中对高性能钢材需求的增加，正在显着影响钢铁业的趋势。

科技的快速发展

快速的技术进步是推动包括医疗保健、电子和交通运输在内的各行各业和市场成长的主要因素。这些进步涵盖了广泛的创新，从人工智慧和自动化领域的突破到尖端材料和製造流程的开发。远端医疗、穿戴式健康设备和精准医疗正在改变患者的照护和治疗方式。同样，在电子领域，半导体技术的进步使得更小巧、更强大的设备成为可能，从而促进了物联网 (IoT) 的普及和应用。电动车和自动驾驶汽车代表着交通运输领域的重大技术飞跃，有望彻底改变我们的出行方式，并减少交通运输对环境的影响。根据国际能源总署 (IEA) 发布的 2022 年数据，电动车在过去一年中占新车销量的 14%。然而，电动车的销售主要集中在三大市场，其中中国以约占全球电动车销量 60% 的份额遥遥领先。全球超过一半的电动车已在中国道路上行驶，中国已提前完成并超额完成了2025年新能源车普及目标。在第二大市场欧洲，2022年电动车销量成长超过15%，占当年汽车总销量的20%以上。在第三大市场美国，2022年电动车销量成长55%，市占率达8%。此外，可再生能源技术的快速发展正在推动向更永续、更环保的能源结构转型。根据钢铁业预测，各行业的快速技术进步预计将持续推动对钢铁的需求，因为钢铁是製造流程、基础设施建设以及先进机械设备生产的关键组成部分。

目录

第一章：序言

第二章：调查范围与调查方法

  • 调查目标
  • 相关利益者
  • 数据来源
    • 主要讯息
    • 二手资讯
  • 市场估值
    • 自下而上的方法
    • 自上而下的方法
  • 调查方法

第三章执行摘要

第四章 引言

第五章：全球钢铁市场

  • 市场概览
  • 市场表现
  • 新冠疫情的影响
  • 市场预测

第六章 按类型分類的市场区隔

  • 扁钢
  • 长钢

第七章 产品市场细分

  • 结构钢
  • 预力钢
  • 轻钢
  • 焊接线材和钢筋
  • 钢丝
  • 绳索
  • 编织

第八章 按应用分類的市场细分

  • 建筑/施工
  • 电气设备
  • 金属製品
  • 车
  • 运输
  • 机械和设备
  • 电器产品

第九章 按地区分類的市场细分

  • 北美洲
    • 我们
    • 加拿大
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲

第十章 SWOT 分析

第十一章 价值链分析

第十二章 波特五力分析

第十三章：定价分析

第十四章 竞争格局

  • 市场结构
  • 主要企业
  • 主要企业简介
    • ArcelorMittal SA
    • EVRAZ plc
    • Gerdau SA
    • Hyundai Steel Co. Ltd
    • JFE Steel Corporation（JFE Holdings Inc.）
    • Jiangsu Shagang Group Co. Ltd
    • Nippon Steel Corporation
    • Nucor Corporation
    • Shougang Group Co. Ltd.
    • Tata Steel Ltd.（Tata Group）
    • thyssenkrupp AG
    • United States Steel Corporation
Product Code: SR112026A5712

The global steel market size was valued at USD 1,004.9 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 1,308.7 Billion by 2034, exhibiting a CAGR of 2.98% during 2026-2034. Asia Pacific currently dominates the market, holding a significant market share of over 62.7% in 2025. The increasing product use in military and aerospace applications, the rising demand in electrical appliances, rapid product utilization in shipbuilding, and the rising product uptake in the manufacturing of numerous consumer goods are some of the factors propelling the market.

The global market is primarily driven by the rising adoption of advanced packaging solutions in food and beverage storage, with high durability and recyclability, is positively influencing the global steel industry outlook. The adoption of advanced packaging solutions in food and beverage storage, with high durability and recyclability, fuels the global market for steel. Furthermore, the steel industry is now increasingly adopting green practices to reduce the environment impact and achieve the international targets of emission. For instance, On 29th October 2024, India's JSW Group and South Korea's POSCO have signed a memorandum of understanding to build an integrated steel plant in India with a 5 million tonnes annual capacity. The project aims to use green technologies, aligning with the companies' focus on sustainability and strengthening India's steel industry.

The United States is a key regional market and is broadening due to expanding construction and real estate sectors, such as infrastructure modernization and residential development projects. Significant investments in public infrastructure in the country, including highways, bridges, and airports, are driving demand for high-quality structural steel. Manufacturing activity, especially in machinery and equipment production, is also reviving and further fueling market growth. The rise in advanced automotive manufacturing that focuses on issues of safety and fuel efficiency makes use of advanced high-strength steel, further contributing to the market growth. The need to harness renewable sources of energy such as solar and wind energy creates increasing demand for special steel in terms of infrastructure in energy. Policies on trade that promote local production and discourage imports increase the growth of domestic steel making. Innovations in recycling and circular economy practices improve the cost effectiveness and environmental performance, creating a stronger market outlook.

Steel Market Trends:

Significant Growth in the Automotive Industry Across the Globe

The growth in the automobile industry has positive prospects for this market. As the auto industry sees growth across the world, its allied sector, steel consumption, has an increased trend as steel is used in vehicles in the most core applications for structural integrity and safety besides achieving a lightweight structure that enhances efficiency and is economical. In pursuit of zero-emission targets, OEMs have outlined ambitious plans, as highlighted in their press releases. Collectively, they have committed over USD 500 Billion toward establishing EV production facilities by 2030. For instance, in November 2023, Hyundai announced an investment of more than USD 1.5 Billion to build a new EV factory in Ulsan, South Korea. Similarly, other major manufacturers such as Honda, Volkswagen, and Ford have also made substantial investments in new manufacturing facilities, reinforcing their commitment to accelerating the transition to electric mobility. Automakers increasingly turn to advanced high-strength and lightweight steel alloys to enhance fuel efficiency and reduce emissions in response to evolving environmental regulations and consumer preferences. This strategic shift has heightened demand for innovative steel solutions tailored to the automotive sector. Furthermore, Steel industry trends and analysis reveal that advancements in high-strength and lightweight steel are critical to supporting the automotive industry's shift towards electric vehicles, driven by environmental regulations and the global push for sustainable transportation solutions.

Rising Product Demand for Manufacturing Military Aircraft

The escalating demand for steel in manufacturing military aircraft is another key driver for the market. Military aircraft require materials with exceptional strength, durability, and resistance to extreme conditions. Steel, with its high tensile strength and reliability, is a preferred choice for various components within these aircraft. The war between Russia and Ukraine has ignited further defense budgets around the world and the call for restatement of readiness levels around the world. The industry report also indicates that world military spending increased 3.7% in 2022. The five major spenders of 2022 are the United States, China, Russia, India, and Saudi Arabia. They were the ones to contribute a massive 63% to global military spending. As defense budgets in many countries continue to fund the modernization and expansion of military fleets, the demand for advanced military aircraft is increasing. Such aircraft include fighter jets, transport planes, and helicopters that are all manufactured from steel, including the airframes, landing gear, engine parts, and other critical structural elements. Furthermore, steel industry trends are significantly influenced by the increasing global military expenditure and the subsequent rise in demand for high-performance steel in military aircraft manufacturing.

Rapid Technological Advancements

Rapid technological advancements are a key driver of growth in various industries and markets, including healthcare, electronics, and transportation. These advancements encompass a wide range of innovations, from artificial intelligence and automation breakthroughs to the development of state-of-the-art materials as well as manufacturing processes. Telemedicine, wearable health devices, and precision medicine are transforming the way patients are cared for and treated. Similarly, in electronics, advancements in semiconductor technology are leading to smaller, more powerful devices and enabling the implementation and utilization of the Internet of Things (IoT). Electric and autonomous vehicles represent significant technological leaps in transportation, promising to revolutionize how we commute and reduce transportation's environmental impact. In the past year, 14% of all new cars sold were electric, a percentage that was reported by the International Energy Agency in 2022. However, three markets dominated its sales, and China came on top with around 60% of global sales in electric cars. And already now more than half of the world's electric cars are placed on roads in China while its target for new energy vehicles is met and exceeded in the same year, 2025. In Europe, the second largest market, electric vehicle sales experienced over a 15% increase in 2022, accounting for more than 20% of total car sales that year. Electric car sales in the United States, the third-largest market, rose by 55% in 2022, reaching a sales share of 8%. Moreover, rapid advancements in renewable energy technologies drive the shift towards a more sustainable and environmentally friendly energy landscape. The steel industry forecast suggests that rapid technological advancements across various industries will continue to drive demand for steel as a crucial component in manufacturing processes, infrastructure development, and the production of advanced machinery and equipment.

Steel Industry Segmentation:

Analysis by Type:

  • Flat Steel
  • Long Steel

Long steel leads the market with 49.0% of market share in 2025. Steel industry research highlights that long steel products dominate the market because of their essential function in construction and manufacturing, while a growing inclination for sustainable and high-strength materials is influencing future usage trends. Long steel items, such as rebars, wire rods, and structural sections, constitute a significant segment of the market, propelled by their widespread application in construction and infrastructure projects. Rebars are in great demand for reinforcing concrete in residential, commercial, and industrial constructions to ensure a sturdy structure. Wire rods are utilized in most manufacturing and automotive applications because of their adaptability. The increasing use of prefabricated building techniques is further driving the need for structural components, like beams and channels. Furthermore, the demand for strong and recyclable steel materials has risen, driven by the expansion of sustainable construction practices.

Analysis by Product:

  • Structural Steel
  • Prestressing Steel
  • Bright Steel
  • Welding Wire and Rod
  • Iron Steel Wire
  • Ropes
  • Braids

Structural steel leads the market with 45.5% of market share in 2025. Structural steel is commonly utilized for its durability, versatility, and affordability in building and infrastructure initiatives. It serves an essential function in skyscrapers, bridges, factories, and transport networks. It is essential for secure and long-lasting structures because of its ability to withstand severe conditions like seismic events and substantial weight. Additionally, the rising interest in urban development and modernization of public infrastructure is driving the global demand for structural steel. Improvements in prefabrication and modular building methods make them more appropriate for rapid construction projects. The recyclability of structural steel is in harmony with sustainability objectives, promoting its wider use. Elevated funding in renewable energy structures, such as solar farms and wind turbines, helps maintain ongoing demand for this market segment, guaranteeing a consistent future across different sectors. The steel industry trends and analysis indicate that structural steel continues to lead the market, driven by its essential role in supporting diverse construction and infrastructure developments, its adaptability to modern construction technologies, and its alignment with sustainability efforts.

Analysis by Application:

  • Building and Construction
  • Electrical Appliances
  • Metal Products
  • Automotive
  • Transportation
  • Mechanical Equipment
  • Domestic Appliances

Building and construction leads the market with 49.0% of market share in 2025. The building and construction sector is a primary driver of steel demand. Steel is indispensable in this industry for structural purposes, including beams, columns, and reinforcing bars, ensuring the strength and integrity of buildings and infrastructure. As urbanization, population growth, and infrastructure development continue worldwide, the demand for steel in this sector remains robust. Furthermore, its presence in electrical appliances is vital for manufacturing durable and efficient products. It produces various appliances, including refrigerators, washing machines, ovens, etc. Stainless steel, in particular, is favored for its corrosion resistance, making it an ideal choice for devices exposed to moisture. The continuous demand for household appliances, driven by consumer lifestyles and technological advancements, ensures a steady need for steel components, offering a favorable steel industry outlook.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

In 2025, Asia Pacific accounted for the largest market share of over 62.7%. Asia Pacific's commitment to infrastructure development, including highways, bridges, and commercial real estate projects, fuels the product demand. Investments in infrastructure stimulate the growth of the construction steel segment. The automotive industry is a major consumer, requiring the metal for vehicle production. The region's robust automotive sector contributes to the market expansion. The region's diverse industrial manufacturing sector relies on steel for machinery, equipment, and structural components. The need for the metal in manufacturing industries, such as aerospace and machinery production, sustains market growth. Furthermore, the region's expanding consumer goods industry requires the metal for various products, from kitchen appliances to furniture and electronics. The growth of renewable energy projects, such as wind turbines and solar panel installations, further propels the product demand. The steel market overview in Asia Pacific reveals a robust growth trajectory, underpinned by diverse drivers such as extensive infrastructure projects, thriving automotive and manufacturing sectors, burgeoning consumer goods demand, and a growing emphasis on renewable energy installations, collectively supporting the region's dominance.

Key Regional Takeaways:

United States Steel Market Analysis

In 2025, the United States accounted for the largest market share in North America with over 89.50%. The United States construction sector serves as a significant driving factor for steel demand, underpinned by robust growth in manufacturing construction and supported by federal programs and reshoring efforts. Despite challenges such as evolving supply chain dynamics and higher costs driven by elevated interest rates, the sector continues to exhibit resilience.

Industry reports indicate that construction spending in April 2024 experienced a year-on-year increase of 10.9%, driven primarily by manufacturing construction, which grew by 17.3%. Highway/street construction followed with a growth rate of 16.4%, and educational construction rose by 16.2%. However, sectors such as lodging and commercial construction showed weaker performance. This growth surge is largely attributed to the introduction of federal programs like the CHIPS Act and the Inflation Reduction Act (IRA) in August 2022.

The CHIPS Act incentivizes investments in semiconductor research and manufacturing within the US, while the IRA offers substantial support for clean energy initiatives, including solar, wind, and other renewable energy projects over the next decade. These programs have propelled monthly manufacturing construction spending to over USD 200 Billion, more than doubling since their introduction. Manufacturing construction has now emerged as the largest category of non-residential construction in the US, showcasing its pivotal role in sustaining momentum in the steel market and driving long-term demand.

Europe Steel Market Analysis

A strong industrial foundation is vital for economic growth, job stability, and global competitiveness in Europe. The steel sector plays a pivotal role in this context, contributing 1.3% to the EU's GDP, as per industrial report. It directly employs 328,000 individuals and supports over two million indirect jobs through the supply chain and related activities, making it a key driver of employment and economic development.

The European steel industry is known for its modern, energy-efficient, and CO2-efficient plants that produce high-value, specialized products for global markets. This success is underpinned by a robust research and development network, fostering continuous innovation and technological progress. As a cornerstone of Europe's economy, the steel sector is crucial to industries such as automotive and machinery, along with other essential sectors. Its ongoing advancement and innovation are vital to maintaining Europe's industrial leadership on the global stage.

Asia Pacific Steel Market Analysis

The Asia-Pacific (APAC) region is a powerhouse of the global steel industry, and there are many companies contributing to growth and meeting ever-increasing demand for steel in construction, infrastructure, and manufacturing. India has become a dynamic center for industry, infrastructure development, and investment opportunities. Economic activities and high rates of urbanization are set to push demand for steel in India to 240 million and 260 million metric tons by 2035. According to reports, these estimates would mark a CAGR of approximately 6 percent from 2023.

The APAC governments have recently devised national steel policies with an aim of promoting the local steel industry while also cutting import reliance. In 2024, India launched the "National Steel Policy," which aims to increase domestic steel production to 300 million tons by 2030. This policy offers investment incentives for new steel plants, encourages innovation, and reduces tariffs on imported raw materials. Similarly, China's steel policy is focused on modernization and technology adoption. Its ambition is to reduce the emission in the steel industry by 30% by 2025. All of these policies are important drivers of growth in the region. APAC is emerging as a central player in global steel production.

Latin America Steel Market Analysis

Latin America is to experience high growth in the steel industry. This is due to the strategic investments and the proper government initiatives. The main sector for this is Brazil's steel, which has already seen an investment of Brazilian Real 100 billion (USD 16.5 Billion), for expanding production capacity and competitiveness for domestic products. This investment is preceded by a series of government measures such as tax incentives, regulatory reforms, and infrastructure improvements all meant to promote industrial growth and improve the economic landscape. These efforts are meant to reduce the cost of production and boost the global competitiveness of Brazilian steel.

The investment will be used in the modernization of existing structures, construction of new plants, and integration of state-of-the-art technologies to enhance production efficiency, product quality, and thereby make Brazil a global leader in the steel market. The substantial milestones expected in 2028 make this investment a strong growth driver for the Brazilian steel sector, thereby improving both domestic and international market reach.

In addition, the steel market trends in Mexico is also experiencing significant growth, driven by nearshoring and growing demand from the construction sector. Growth in the region is expected to be between 1.5% and 2%, with steel being one of the most in-demand materials for construction and other sectors. In a country count of 64 belonging to the World Steel Association (World steel), Mexico takes a proud 14th spot as the world's largest producer, providing the second biggest market of steel supplied in the United States, securing an all-time position. Adding on that to the current strategy Brazil invested in its place within the global industry map places Latin America as one of the prominent regions that shall characterize its future.

Middle East and Africa Steel Market Analysis

The Middle East and Africa (MEA) steel market is growing due to a combination of sustainable practices and strong government initiatives. A rising focus on carbon-emission reduction in the steel-making process is driving more interest in low-carbon or renewable fuels for steel products. As a result, the region's steel industry is becoming one of the leaders in the world's push toward greener manufacturing processes.

In Oman, the steel industry is the backbone of the country's manufacturing and infrastructure sectors. The 2022 industrial survey data shows that there are 1,681 direct workers in Oman's steel factories, besides thousands of indirect jobs, at a notable Omanization rate of 45%. This shows that the sector is important for the national economy and provides sustainable employment.

Meanwhile, the ambitious development agenda undertaken by the UAE, which includes its "Projects of the 50" initiative, provides further impetus to growth in the region's steel market. While this initiative targets specific projects in industrial, transportation, and energy infrastructure that will eventually attract almost USD 150 Billion worth of foreign direct investment by 2030, the encouraged growth in the UAE's construction sector will continue to drive demand for steel products. These factors altogether make the Middle East and Africa steel market a dynamic growth driver. The region has, in fact become a very significant player in the global steel industry with its thrust on sustainable and high-tech production.

Competitive Landscape:

Steel market overview highlights that top companies are driving the industry forward through strategic initiatives to meet the evolving demands of key sectors. Numerous industry giants prioritize research and development by investing in cutting-edge technologies to enhance steel production processes, improve product quality, and create innovative steel alloys that meet evolving industry demands. By collaborating with the automotive, construction, and manufacturing sectors, they develop customized steel solutions that align with specific needs, promoting wider steel adoption. Furthermore, top companies emphasize sustainability, incorporating eco-friendly practices into their operations, such as efficient recycling processes and reduced carbon emissions, to meet environmental regulations and address global concerns about climate change. Through global expansion, mergers, and acquisitions, they strengthen their market presence, ensuring a stable supply of steel products worldwide. Additionally, top steel firms shape industry standards and regulations, contributing to a well-regulated and expanding steel market.

The report provides a comprehensive analysis of the competitive landscape in the steel market with detailed profiles of all major companies, including:

  • ArcelorMittal S.A.
  • EVRAZ plc
  • Gerdau S.A.
  • Hyundai Steel Co. Ltd
  • JFE Steel Corporation (JFE Holdings Inc.)
  • Jiangsu Shagang Group Co. Ltd
  • Nippon Steel Corporation
  • Nucor Corporation
  • Shougang Group Co. Ltd.
  • Tata Steel Ltd. (Tata Group)
  • thyssenkrupp AG
  • United States Steel Corporation

Key Questions Answered in This Report

  • 1.What is steel?
  • 2.How big is the steel market?
  • 3.What is the expected growth rate of the global steel market during 2026-2034?
  • 4.What are the key factors driving the global steel market?
  • 5.What is the leading segment of the global steel market based on the type?
  • 6.What is the leading segment of the global steel market based on product?
  • 7.What is the leading segment of the global steel market based on application?
  • 8.What are the key regions in the global steel market?
  • 9.Who are the key players/companies in the global steel market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Steel Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Flat Steel
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Long Steel
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Product

  • 7.1 Structural Steel
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Prestressing Steel
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Bright Steel
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Welding Wire and Rod
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Iron Steel Wire
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Ropes
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast
  • 7.7 Braids
    • 7.7.1 Market Trends
    • 7.7.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Building and Construction
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Electrical Appliances
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Metal Products
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Automotive
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Transportation
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Mechanical Equipment
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Domestic Appliances
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 ArcelorMittal S.A.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 EVRAZ plc
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Gerdau S.A.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Hyundai Steel Co. Ltd
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
    • 14.3.5 JFE Steel Corporation (JFE Holdings Inc.)
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Jiangsu Shagang Group Co. Ltd
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Nippon Steel Corporation
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 Nucor Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Shougang Group Co. Ltd.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Tata Steel Ltd. (Tata Group)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 thyssenkrupp AG
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
    • 14.3.12 United States Steel Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Steel Market: Major Drivers and Challenges
  • Figure 2: Global: Steel Market: Sales Value (in Billion USD), 2020-2025
  • Figure 3: Global: Steel Market Forecast: Sales Value (in Billion USD), 2026-2034
  • Figure 4: Global: Steel Market: Breakup by Type (in %), 2025
  • Figure 5: Global: Steel Market: Breakup by Product (in %), 2025
  • Figure 6: Global: Steel Market: Breakup by Application (in %), 2025
  • Figure 7: Global: Steel Market: Breakup by Region (in %), 2025
  • Figure 8: Global: Steel (Flat Steel) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 9: Global: Steel (Flat Steel) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 10: Global: Steel (Long Steel) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 11: Global: Steel (Long Steel) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 12: Global: Steel (Structural Steel) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 13: Global: Steel (Structural Steel) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 14: Global: Steel (Prestressing Steel) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 15: Global: Steel (Prestressing Steel) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 16: Global: Steel (Bright Steel) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 17: Global: Steel (Bright Steel) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 18: Global: Steel (Welding Wire and Rod) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 19: Global: Steel (Welding Wire and Rod) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 20: Global: Steel (Iron Steel Wire) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 21: Global: Steel (Iron Steel Wire) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 22: Global: Steel (Ropes) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 23: Global: Steel (Ropes) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 24: Global: Steel (Braids) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 25: Global: Steel (Braids) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 26: Global: Steel (Building and Construction) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 27: Global: Steel (Building and Construction) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 28: Global: Steel (Electrical Appliances) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 29: Global: Steel (Electrical Appliances) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 30: Global: Steel (Metal Products) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 31: Global: Steel (Metal Products) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 32: Global: Steel (Automotive) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 33: Global: Steel (Automotive) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 34: Global: Steel (Transportation) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 35: Global: Steel (Transportation) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 36: Global: Steel (Mechanical Equipment) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 37: Global: Steel (Mechanical Equipment) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 38: Global: Steel (Domestic Appliances) Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 39: Global: Steel (Domestic Appliances) Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 40: North America: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 41: North America: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 42: United States: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 43: United States: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 44: Canada: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 45: Canada: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 46: Asia-Pacific: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 47: Asia-Pacific: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 48: China: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 49: China: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 50: Japan: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 51: Japan: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 52: India: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 53: India: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 54: South Korea: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 55: South Korea: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 56: Australia: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 57: Australia: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 58: Indonesia: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 59: Indonesia: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 60: Others: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 61: Others: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 62: Europe: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 63: Europe: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 64: Germany: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 65: Germany: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 66: France: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 67: France: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 68: United Kingdom: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 69: United Kingdom: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 70: Italy: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 71: Italy: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 72: Spain: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 73: Spain: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 74: Russia: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 75: Russia: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 76: Others: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 77: Others: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 78: Latin America: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 79: Latin America: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 80: Brazil: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 81: Brazil: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 82: Mexico: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 83: Mexico: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 84: Others: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 85: Others: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 86: Middle East and Africa: Steel Market: Sales Value (in Million USD), 2020 & 2025
  • Figure 87: Middle East and Africa: Steel Market: Breakup by Country (in %), 2025
  • Figure 88: Middle East and Africa: Steel Market Forecast: Sales Value (in Million USD), 2026-2034
  • Figure 89: Global: Steel Industry: SWOT Analysis
  • Figure 90: Global: Steel Industry: Value Chain Analysis
  • Figure 91: Global: Steel Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Steel Market: Key Industry Highlights, 2025 and 2034
  • Table 2: Global: Steel Market Forecast: Breakup by Type (in Million USD), 2026-2034
  • Table 3: Global: Steel Market Forecast: Breakup by Product (in Million USD), 2026-2034
  • Table 4: Global: Steel Market Forecast: Breakup by Application (in Million USD), 2026-2034
  • Table 5: Global: Steel Market Forecast: Breakup by Region (in Million USD), 2026-2034
  • Table 6: Global: Steel Market: Competitive Structure
  • Table 7: Global: Steel Market: Key Players