Global Steel Industry (China, India, EU, NAFTA & Japan): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

Global Steel Industry (China, India, EU, NAFTA & Japan): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

The global steel production volume is estimated to reach 2175 million tonnes in 2024, growing at a CAGR of 4.50% for the period spanning from 2020 to 2024. The factors such as rising population growth, growing urban population, growing automobile sector, growing spending on construction and infrastructure projects and growing demand for long steel are expected to drive the market. However, growth of the industry will be challenged by price volatility. A few notable trends include technological advancements, rising demand for stainless steel and rising demand for recycled steel.

The global steel market is expected to grow in future owing to increasing infrastructural activities and rising adoption of steel in automotive, electrical and other end use industries. In terms of geographical areas, China is the major contributors to the global steel production supported by increasing automotive production and growth of electrical appliances. India is the fastest growing market for steel with increasing urbanization, industrialization and infrastructure investments.

Scope of the report:

  • The report provides a comprehensive analysis of the global steel industry.
  • The major regional markets (China, India, NAFTA, EU and Japan) have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (ArcelorMittal S.A., Gerdau S.A., Nippon Steel Corporation, JFE Steel Corporation, POSCO and TATA Steel Limited) are also presented in detail.
Key Target Audience:
  • Steel Producers
  • End Users (Construction, Automotive and Machinery)
  • Consulting Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Introduction
1.1 Steel
1.2 Production Process
Table 1: Steel Production Process
1.3 Steel Making By-Products
Table 2: Steel Making By-Products
1.4 Secondary Steel Making
Table 3: Semi-Finished Products of Steel
1.5 Steel Classification
Table 4: Steel Classification
2. Impact of COVID-19
2.1 Steel Users PMI
Table 5: Global Steel Users PMI (2020)
2.2 Downward Pressure on Prices
Table 6: Global Hot Rolled Coil Prices (2018-2020)
2.3 Affect on Steel Using Industries
3. Global Steel Market Analysis
3.1 Global Steel Production Volume
Table 7: Global Steel Production Volume (2015-2019)
3.2 Global Steel Production Volume Forecast
Table 8: Global Steel Production Volume Forecast (2020-2024)
3.3 Global Steel Production Volume by Region
Table 9: Global Steel Production Volume by Region (2019)
3.4 Global Steel Consumption Volume
Table 10: Global Steel Consumption Volume (2015-2019)
3.5 Global Steel Consumption Volume Forecast
Table 11: Global Steel Consumption Volume Forecast (2020-2024)
3.6 Global Steel Consumption Volume by Region
Table 12: Global Steel Consumption Volume by Region (2019)
3.7 Global Steel Export Volume
Table 13: Global Steel Export Volume (2015-2019)
3.8 Global Steel Import Volume
Table 14: Global Steel Import Volume (2015-2019)
4. Regional Steel Market Analysis
4.1 China
4.1.1 China Steel Production Volume
Table 15: China Steel Production Volume (2015-2019)
4.1.2 China Steel Production Volume Forecast
Table 16: China Steel Production Volume Forecast (2020-2024)
4.1.3 China Steel Consumption Volume
Table 17: China Steel Consumption Volume (2015-2019)
4.1.4 China Steel Consumption Volume Forecast
Table 18: China Steel Consumption Volume Forecast (2020-2024)
4.2 India
4.2.1 India Steel Production Volume
Table 19: India Steel Production Volume (2015-2019)
4.2.2 India Steel Production Volume Forecast
Table 20: India Steel Production Volume Forecast (2020-2024)
4.2.3 India Steel Consumption Volume
Table 21: India Steel Consumption Volume (2015-2019)
4.2.4 India Steel Consumption Volume Forecast
Table 22: India Steel Consumption Volume Forecast (2020-2024)
4.3 European Union
4.3.1 European Union Steel Production Volume
Table 23: European Union Steel Production Volume (2015-2019)
4.3.2 European Union Steel Production Volume Forecast
Table 24: European Union Steel Production Volume Forecast (2020-2024)
4.3.3 European Union Steel Consumption Volume
Table 25: European Union Steel Consumption Volume (2015-2019)
4.3.4 European Union Steel Consumption Volume Forecast
Table 26: European Union Steel Consumption Volume Forecast (2020-2024)
4.4 NAFTA
4.4.1 NAFTA Steel Production Volume
Table 27: NAFTA Steel Production Volume (2015-2019)
4.4.2 NAFTA Steel Production Volume Forecast
Table 28: NAFTA Steel Production Volume Forecast (2020-2024)
4.4.3 NAFTA Steel Consumption Volume
Table 29: NAFTA Steel Consumption Volume (2015-2019)
4.4.4 NAFTA Steel Consumption Volume Forecast
Table 30: NAFTA Steel Consumption Volume Forecast (2020-2024)
4.5 Japan
4.5.1 Japan Steel Production Volume
Table 31: Japan Steel Production Volume (2015-2019)
4.5.2 Japan Steel Production Volume Forecast
Table 32: Japan Steel Production Volume Forecast (2020-2024)
4.5.3 Japan Steel Consumption Volume
Table 33: Japan Steel Consumption Volume (2015-2019)
4.5.4 Japan Steel Consumption Volume Forecast
Table 34: Japan Steel Consumption Volume Forecast (2020-2024)
5. Market Dynamics
5.1.1 Rising Population Growth
Table 35: Global Population (2015-2019)
5.1.2 Growing Urban Population
Table 36: Global Urban Population (2015-2019)
5.1.3 Growing Spending on Construction and Infrastructure Projects
Table 37: Global Construction Market (2015-2019)
5.1.4 Growing Demand for Long Steel
5.1.5 Growing Automobile Sector
5.2 Key Trends & Developments
5.2.1 Technological Advancements
5.2.2 Rising Demand for Recycled Steel
5.2.3 Rising Demand for Stainless Steel
Table 38: Global Stainless Steel Production (2015-2019)
5.3 Challenges
5.3.1 Prices Volatility
6. Competitive Landscape
6.1 Global Market
6.1.1 Key Players - Revenue Comparison
Table 39: Key Players - Revenue Comparison (2019/2020)
6.1.2 Key Players - Market Cap Comparison
Table 40: Key Players - Market Cap Comparison (2019)
6.1.3 Global Steel Production Volume by Company
Table 41: Global Steel Production Volume by Company (2019)
7. Company Profiles
7.1 ArcelorMittal S.A.
7.1.1 Business Overview
7.1.2 Financial Overview
Table 42: ArcelorMittal S.A. Sales by Segments (2019)
Table 43: ArcelorMittal S.A. Sales by Region (2019)
Table 44: ArcelorMittal S.A. Sales and Net Income (2015-2019)
7.1.3 Business Strategies
7.2 Gerdau S.A.
7.2.1 Business Overview
7.2.2 Financial Overview
Table 45: Gerdau S.A. Net Sales by Region (2019)
Table 46: Gerdau Net Sales and Income (Loss) (2015-2019)
7.2.3 Business Strategies
7.3 Nippon Steel Corporation
7.3.1 Business Overview
7.3.2 Financial Overview
Table 47: Nippon Steel Corporation Revenue by Business Segments (2019)
Table 48: Nippon Steel Corporation Revenue by Region (2019)
Table 49: Nippon Steel Corporation Revenue and Profit (2015-2019)
7.3.3 Business Strategies
7.4 JFE Holdings, Inc.
7.4.1 Business Overview
7.4.2 Financial Overview
Table 50: JFE Holdings, Inc. Revenue by Segments (2019)
Table 51: JFE Holdings, Inc. Revenue and Profit (2015-2019)
7.4.3 Business Strategies
7.5 POSCO
7.5.1 Business Overview
7.5.2 Financial Overview
Table 52: POSCO Revenue by Segments (2019)
Table 53: POSCO Revenue by Region (2019)
Table 54: POSCO Revenue and Net Income (2015-2019)
7.5.3 Business Strategies
7.6 Tata Steel Limited
7.6.1 Business Overview
7.6.2 Financial Overview
Table 55: Tata Steel Limited Revenue by Segments (2020)
Table 56: Tata Steel Limited Revenue and Net Income (2016-2020)
7.6.3 Business Strategies

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