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Global Steel

Publisher MarketLine
Published Jul 31, 2025
Length 44 Pages
SKU # MTLN20472684

Description

Global Steel

Summary

Global Steel industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Steel market includes the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
  • The global steel market recorded revenues of $1,383.1 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019 and 2024.
  • Market production volume increased with a CAGR of 0.1% between 2019 and 2024, reaching a total of 1,802.8 million tonnes in 2024.
  • Asia-Pacific dominated the global steel market, commanding the largest share of 75.9% in 2024, followed by Europe, capturing the second largest share of 13.2%.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global steel market
  • Leading company profiles reveal details of key steel market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global steel market with five year forecasts
Reasons to Buy
  • What was the size of the Global steel market by value in 2024?
  • What will be the size of the Global steel market in 2029?
  • What factors are affecting the strength of competition in the Global steel market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's steel market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. China Baowu Steel Group Corp Ltd
8.2. ArcelorMittal SA
8.3. Ansteel Group Corp Ltd
8.4. Nippon Steel Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global steel market value: $ million, 2019-24
Table 2: Global steel market volume: thousand tonnes, 2019-24
Table 3: Global steel market geography segmentation: $ million, 2024
Table 4: Global steel market value forecast: $ million, 2024-29
Table 5: Global steel market volume forecast: thousand tonnes, 2024-29
Table 6: China Baowu Steel Group Corp Ltd: Key Facts
Table 7: China Baowu Steel Group Corp Ltd: Key Employees
Table 8: ArcelorMittal SA: Key Facts
Table 9: ArcelorMittal SA: Annual Financial Ratios
Table 10: ArcelorMittal SA: Key Employees
Table 11: ArcelorMittal SA: Key Employees Continued
Table 12: Ansteel Group Corp Ltd: Key Facts
Table 13: Ansteel Group Corp Ltd: Key Employees
Table 14: Nippon Steel Corp: Key Facts
Table 15: Nippon Steel Corp: Annual Financial Ratios
Table 16: Nippon Steel Corp: Key Employees
Table 17: Nippon Steel Corp: Key Employees Continued
Table 18: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global steel market value: $ million, 2019-24
Figure 2: Global steel market volume: thousand tonnes, 2019-24
Figure 3: Global steel market geography segmentation: % share, by value, 2024
Figure 4: Global steel market value forecast: $ million, 2024-29
Figure 5: Global steel market volume forecast: thousand tonnes, 2024-29
Figure 6: Forces driving competition in the global steel market, 2024
Figure 7: Drivers of buyer power in the global steel market, 2024
Figure 8: Drivers of supplier power in the global steel market, 2024
Figure 9: Factors influencing the likelihood of new entrants in the global steel market, 2024
Figure 10: Factors influencing the threat of substitutes in the global steel market, 2024
Figure 11: Drivers of degree of rivalry in the global steel market, 2024

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