Global Hot Rolled Coils Supply, Demand and Key Producers, 2026-2032

The global Hot Rolled Coils market size is expected to reach $ 319 million by 2032, rising at a market growth of 2.4% CAGR during the forecast period (2026-2032).

Hot rolling is a mill process which involves rolling the steel at a high temperature (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed easily, and the steel can be made in much larger sizes. Hot rolled steel is typically cheaper than cold rolled steel due to the fact that it is often manufactured without any delays in the process, and therefore the reheating of the steel is not required (as it is with cold rolled). When the steel cools off it will shrink slightly thus giving less control on the size and shape of the finished product when compared to cold rolled.

Hot Rolled Coils refers to the rolling of flat rolled sheet and coil products.

Global Hot Rolled Coils key players include ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, etc. Global top five manufacturers hold a share over 45%.

China is the largest market, with a share over 35%, followed by North America and Europe, both have a share over 30%.

In terms of product, ≥3mm is the largest segment, with a share over 65%. And in terms of application, the largest application is Construction, followed by Transport, Energy, etc.

This report studies the global Hot Rolled Coils production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hot Rolled Coils 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 Hot Rolled Coils that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Hot Rolled Coils total production and demand, 2021-2032, (M MT)

Global Hot Rolled Coils total production value, 2021-2032, (USD Million)

Global Hot Rolled Coils production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M MT), (based on production site)

Global Hot Rolled Coils consumption by region & country, CAGR, 2021-2032 & (M MT)

U.S. VS China: Hot Rolled Coils domestic production, consumption, key domestic manufacturers and share

Global Hot Rolled Coils production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M MT)

Global Hot Rolled Coils production by Thickness, production, value, CAGR, 2021-2032, (USD Million) & (M MT)

Global Hot Rolled Coils production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M MT)

This report profiles key players in the global Hot Rolled Coils 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 ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, Tata Steel, Hesteel Group, POSCO, Nucor Corporation, Benxi 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 Hot Rolled Coils market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M MT) and average price (USD/MT) by manufacturer, by Thickness, 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 Hot Rolled Coils Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hot Rolled Coils Market, Segmentation by Thickness:
≥3mm
<3mm

Global Hot Rolled Coils Market, Segmentation by Application:
Construction
Transport
Energy
Machinery
Others

Companies Profiled:
ArcelorMittal
China Baowu Steel Group
Nippon Steel & Sumitomo Metal
JFE Steel Corporation
Ansteel Group
Tata Steel
Hesteel Group
POSCO
Nucor Corporation
Benxi Steel Group
Shougang
Shagang Group
NLMK Group
ThyssenKrupp
JSW Steel Ltd
Maanshan Steel
United States Steel Corporation
Jianlong Group
Valin Steel Group
Steel Authority of India Limited
China Steel Corporation
Hyundai Steel
Jingye Steel
Gerdau

Key Questions Answered:

1. How big is the global Hot Rolled Coils market?

2. What is the demand of the global Hot Rolled Coils market?

3. What is the year over year growth of the global Hot Rolled Coils market?

4. What is the production and production value of the global Hot Rolled Coils market?

5. Who are the key producers in the global Hot Rolled Coils market?

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