Steel Market Share, Size & Growth Forecast by 2030

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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.

 

The Global Steel market provides information on major factors that affect market size, share, scope, segmentation, and casts shadows over the top market players while emphasizing the favorable competition environment and trends that have prevailed over time. This research uses data to forecast the future state of the global Market using a range of approaches that are best in the industry. It also employs primary and secondary research techniques to gather the most crucial data. Based on present market development, the research provides an analysis of how trends like mergers may affect the markets future.

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Leading Players in the Steel Market:

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).

The prominent players of the industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed based on production volume, gross margin, market value, and price structure. The competitive market scenario among Market players will help the industry aspirants in planning their strategies. The statistics offered in this report will be a precise and useful guide to shape business growth.

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.

The key regions covered in the Steel market report are North America,Europe, Asia Pacific, Latin America, Middle East and Africa. It also coversKey regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy,Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia,Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia,U.A.E, etc.

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Key Highlights of Steel Market report:

Steel Market summary and scope of market

Revenue and sales of Market by type and application (2024 – 2030)

Major Key players in the Steel Market

Marketing strategy analysis and development trends

Market effect factor analysis and Industry Growth

A complete outline analysis, including an assessment of the above-mentioned market

Major changes in market dynamics

Historical, present, and prospective size of the market from the perspective of both value and volume.

Crucial Elements from the Table of Contents of Global Steel Market:

- Steel Market Overview

- Global Steel Market Competition, Profiles/Analysis, Strategies

- Global Steel Capacity, Production, Revenue (Value) by Region (2024-2030)

- Global Steel Supply (Production), Consumption, Export, Import by Region (2024-2030)

- Global Steel Market Regional Highlights

- Industrial Chain, Sourcing Strategy, and Downstream Buyers

- Marketing Strategy Analysis, Distributors/Traders

- Market Effect Factors Analysis

- Market Decisions for the present scenario

- Global Steel Market Forecast (2024-2030)

- Case Studies

- Research Findings and Conclusion

The aim of Global Steel market research report is:

To achieve powerful research of the Steel market report

Evaluate the organized activities, manufacturing process, and solutions.

Market policies that are being accepted by top-most specific companies.

Understand the significant competitors, combative conditions, and leading brands in the market.

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