Steel is both the most widely used and most recycled metal material on earth. From stainless and high-temperature steels to flat carbon products, steel in its various forms and alloys offer different properties to meet a wide range of applications. For these reasons, as well as the metal's combination of high strength and a relatively low production cost, steel is now used in countless products.
In steel industry terminology long steel products or long products refers to steel products including wire, rod, rail, and bars as well as types of steel structural sections and girders.
Flat products include slabs, hot-rolled coil, cold-rolled coil, coated steel products, tinplate and heavy plate.
Tubular steel is a multi-functional necessity for many industries. It can be beautiful and decorative, simple and strictly functional, and anywhere in between. It can be large or small, short or long, thick or thin, and any shape you can imagine. Steel tubing is also rectangular, oval, D-shaped, and many other shapes.
This report aims to provide a comprehensive presentation of the global market for Steel Product, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Product. This report contains market size and forecasts of Steel Product in global, including the following market information:
- Global Steel Product Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Steel Product Market Sales, 2018-2023, 2024-2029, (M MT)
Global top five Steel Product companies in 2022 (%)
The global Steel Product market was valued at US$ 909770 million in 2022 and is projected to reach US$ 1094760 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Leading players in the Steel Product market include ArcelorMittal (Luxembourg), Baowu Steel Group (China), POSCO (South Korea), Nippon Steel & Sumitomo Metal Corporation (Japan), and JFE Holdings, Inc. (Japan), with about 22% market shares.
China also is the largest production place, with a production market share nearly 45%. Following Europe, Europe is the second largest production place with the consumption market share of 14%.
We surveyed the Steel Product manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steel Product Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Steel Product Market Segment Percentages, by Type, 2022 (%)
- Flat Steel Products
- Long Steel Products
- Pipe & Tube Products
Global Steel Product Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Steel Product Market Segment Percentages, by Application, 2022 (%)
- Construction
- Transport
- Energy
- Packaging
- Appliances and Industry
Global Steel Product Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Steel Product Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Steel Product revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Steel Product revenues share in global market, 2022 (%)
- Key companies Steel Product sales in global market, 2018-2023 (Estimated), (M MT)
- Key companies Steel Product sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ArcelorMittal
- Nippon Steel & Sumitomo Metal
- China Baowu Steel Group
- POSCO
- Hesteel Group
- JFE Steel Corporation
- Tata Steel
- Nucor Corporation
- Hyundai Steel
- Shagang Group
- Ansteel Group
- NLMK Group
- Gerdau
- ThyssenKrupp
- Valin Steel Group
- United States Steel Corporation
- JSW Steel Ltd
- Shougang
- Steel Authority of India Limited
- Maanshan Steel
- Shandong Steel
- Evraz
- Benxi Steel Group
- China Steel
- Jianlong Group
- Fangda Steel
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Steel Product, market overview.
- Chapter 2: Global Steel Product market size in revenue and volume.
- Chapter 3: Detailed analysis of Steel Product manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Steel Product in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Steel Product capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.