Global Crude Steel Supply, Demand and Key Producers, 2026-2032

The global Crude Steel market size is expected to reach $ 1765450 million by 2032, rising at a market growth of 3.2% CAGR during the forecast period (2026-2032).

The crude steel market represents the supply of and demand for the crude steel products operated by independent crude steel products producers and integrated steel companies alike. The term “crude steel” is internationally used to mean the first solid steel product upon solidification of liquid steel, including ingots from conventional mills and semis (e.g., slab, billet and blooms) from continuous casters, suitable for further processing or for sale. The term “crude steel” is synonymous with the terms “raw steel” commonly used by manufacturers and third-party analysts in this industry.

Global Crude Steel includes China Baowu Group and ArcelorMittal S.A., etc. Global top two companies hold a share over 10%. Asia is the largest market, with a share about 70%, followed by Europe and North America with the share about 10% and 7%.

This report studies the global Crude Steel production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Crude Steel and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Crude Steel that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Crude Steel total production and demand, 2021-2032, (K MT)

Global Crude Steel total production value, 2021-2032, (USD Million)

Global Crude Steel production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)

Global Crude Steel consumption by region & country, CAGR, 2021-2032 & (K MT)

U.S. VS China: Crude Steel domestic production, consumption, key domestic manufacturers and share

Global Crude Steel production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)

Global Crude Steel production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

Global Crude Steel production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

This report profiles key players in the global Crude Steel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Baowu Group, ArcelorMittal S.A., Hesteel Group, Shagang Group, POSCO, Nippon Steel, Ansteel Group, Jianlong Heavy Industry Group, Shougang Group, Shandong Steel Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Crude Steel market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (US$/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Crude Steel Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Crude Steel Market, Segmentation by Type:
Fully Deoxidized Steel
Semi Deoxidized Steel
Not Deoxidized Steel

Global Crude Steel Market, Segmentation by Application:
Construction
Automotive
Transportation
Energy
Packaging
Tools and Machinery
Consumer Appliances
Metal Product
Others

Companies Profiled:
China Baowu Group
ArcelorMittal S.A.
Hesteel Group
Shagang Group
POSCO
Nippon Steel
Ansteel Group
Jianlong Heavy Industry Group
Shougang Group
Shandong Steel Group
Delong Steel Group
Tata Steel
Valin Group
JFE Group
Nucor Corporation
Hyundai Steel
Fangda Steel
IMIDRO
Benxi Steel
Liuzhou Steel
Jingye Steel
Novolipetsk Steel
Baotou Iron & Steel
SAIL
JSW Steel
Rizhao Steel
Sinogiant Group
China Steel Corporation
CITIC Pacific
EVRAZ

Key Questions Answered:

1. How big is the global Crude Steel market?

2. What is the demand of the global Crude Steel market?

3. What is the year over year growth of the global Crude Steel market?

4. What is the production and production value of the global Crude Steel market?

5. Who are the key producers in the global Crude Steel market?

6. What are the growth factors driving the market demand? Show more