Global Steel Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Steel market size will reach 1,419,103 Million USD in 2025 and is projected to reach 1,277,545 Million USD by 2032, with a CAGR of -1.49% (2025-2032). Notably, the China Steel market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Steel is an alloy primarily composed of iron and carbon, known for its remarkable strength, durability, and versatility. The carbon content, typically ranging from 0.2% to 2.1% by weight, enhances the hardness and tensile strength of the iron, allowing steel to be tailored for various applications. Depending on additional elements like chromium, nickel, and vanadium, steel can acquire specific properties such as corrosion resistance, increased toughness, or enhanced ductility. This adaptability makes steel a fundamental material in a vast array of industries, including construction, automotive, aerospace, and manufacturing. Its ability to be recycled without losing quality also contributes to its widespread use, positioning steel as a critical component in modern infrastructure and technology.
The major global manufacturers of Steel include China Baowu Group, ArcelorMittal, Ansteel Group, Nippon Steel Corporation, Shagang Group, POSCO, HBIS Group, Jianlong Group, Shougang Group, Tata Steel Group, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Steel. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Steel market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Steel market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Steel industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Steel Include:
China Baowu Group
ArcelorMittal
Ansteel Group
Nippon Steel Corporation
Shagang Group
POSCO
HBIS Group
Jianlong Group
Shougang Group
Tata Steel Group
Steel Product Segment Include:
Carbon Steel
Alloy Steel
Steel Product Application Include:
Buildings and Infrastructure
Automotive
Transportation
Energy
Steel Packaging
Mechanical Equipment
Domestic Appliances
Metal Products
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Steel Capacity and Production Analysis
Chapter 3: Global Steel Industry PESTEL Analysis
Chapter 4: Global Steel Industry Porter's Five Forces Analysis
Chapter 5: Global Steel Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Steel Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Steel Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Steel market size will reach 1,419,103 Million USD in 2025 and is projected to reach 1,277,545 Million USD by 2032, with a CAGR of -1.49% (2025-2032). Notably, the China Steel market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Steel is an alloy primarily composed of iron and carbon, known for its remarkable strength, durability, and versatility. The carbon content, typically ranging from 0.2% to 2.1% by weight, enhances the hardness and tensile strength of the iron, allowing steel to be tailored for various applications. Depending on additional elements like chromium, nickel, and vanadium, steel can acquire specific properties such as corrosion resistance, increased toughness, or enhanced ductility. This adaptability makes steel a fundamental material in a vast array of industries, including construction, automotive, aerospace, and manufacturing. Its ability to be recycled without losing quality also contributes to its widespread use, positioning steel as a critical component in modern infrastructure and technology.
The major global manufacturers of Steel include China Baowu Group, ArcelorMittal, Ansteel Group, Nippon Steel Corporation, Shagang Group, POSCO, HBIS Group, Jianlong Group, Shougang Group, Tata Steel Group, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Steel. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Steel market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Steel market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Steel industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Steel Include:
China Baowu Group
ArcelorMittal
Ansteel Group
Nippon Steel Corporation
Shagang Group
POSCO
HBIS Group
Jianlong Group
Shougang Group
Tata Steel Group
Steel Product Segment Include:
Carbon Steel
Alloy Steel
Steel Product Application Include:
Buildings and Infrastructure
Automotive
Transportation
Energy
Steel Packaging
Mechanical Equipment
Domestic Appliances
Metal Products
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Steel Capacity and Production Analysis
Chapter 3: Global Steel Industry PESTEL Analysis
Chapter 4: Global Steel Industry Porter's Five Forces Analysis
Chapter 5: Global Steel Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Steel Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Steel Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Steel Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Steel Product by Type
- 1.2.1 Carbon Steel
- 1.2.2 Alloy Steel
- 1.3 Steel Product by Application
- 1.3.1 Buildings and Infrastructure
- 1.3.2 Automotive
- 1.3.3 Transportation
- 1.3.4 Energy
- 1.3.5 Steel Packaging
- 1.3.6 Mechanical Equipment
- 1.3.7 Domestic Appliances
- 1.3.8 Metal Products
- 1.3.9 Others
- 1.4 Global Steel Market Revenue and Sales Analysis
- 1.4.1 Global Steel Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Steel Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Steel Market Sales Price Trend Analysis (2020-2032)
- 1.5 Steel Market Development Status and Trends
- 1.5.1 Steel Industry Development Status Analysis
- 1.5.2 Steel Industry Development Trends Analysis
- 2 Global Steel Capacity and Production Analysis
- 2.1 Global Steel Capacity, Production and Utilization (2020-2032)
- 2.2 Global Steel Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Steel Production by Region
- 2.3.1 Global Steel Production by Region (2020-2025)
- 2.3.2 Global Steel Production Forecast by Region (2026-2032)
- 2.3.3 Global Steel Production Market Share by Region (2020-2032)
- 3 Steel Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Steel Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Steel Market Analysis by Country
- 5.1 Global Steel Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Steel Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Steel Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Steel Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Steel Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Steel Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Steel Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Steel Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Steel Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Steel Average Sales Price by Manufacturers (2021-2025)
- 6.2 Steel Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Steel Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Steel Market Analysis by Type
- 7.1 Global Steel Market Revenue Analysis by Type
- 7.1.1 Global Steel Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Steel Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Steel Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Steel Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 China Baowu Group
- 8.1.1 China Baowu Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 China Baowu Group Steel Product Portfolio
- 8.1.3 China Baowu Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 ArcelorMittal
- 8.2.1 ArcelorMittal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 ArcelorMittal Steel Product Portfolio
- 8.2.3 ArcelorMittal Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Ansteel Group
- 8.3.1 Ansteel Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Ansteel Group Steel Product Portfolio
- 8.3.3 Ansteel Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Nippon Steel Corporation
- 8.4.1 Nippon Steel Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Nippon Steel Corporation Steel Product Portfolio
- 8.4.3 Nippon Steel Corporation Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 Shagang Group
- 8.5.1 Shagang Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 Shagang Group Steel Product Portfolio
- 8.5.3 Shagang Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 POSCO
- 8.6.1 POSCO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 POSCO Steel Product Portfolio
- 8.6.3 POSCO Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 HBIS Group
- 8.7.1 HBIS Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 HBIS Group Steel Product Portfolio
- 8.7.3 HBIS Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.8 Jianlong Group
- 8.8.1 Jianlong Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.8.2 Jianlong Group Steel Product Portfolio
- 8.8.3 Jianlong Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.9 Shougang Group
- 8.9.1 Shougang Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.9.2 Shougang Group Steel Product Portfolio
- 8.9.3 Shougang Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.10 Tata Steel Group
- 8.10.1 Tata Steel Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.10.2 Tata Steel Group Steel Product Portfolio
- 8.10.3 Tata Steel Group Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Steel Industry Chain Analysis
- 9.2 Steel Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Information
- 9.3 Steel Product Downstream Application Analysi
Pricing
Currency Rates
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