Steel Global Industry Almanac 2019-2028

Global Steel industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). 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 consists of 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.

Market volume refers to the production volume. Market value is calculated by multiplying market volume with the production price.

All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.

The global steel market recorded revenues of $15,93,697.2 million in 2023, representing a compound annual growth rate (CAGR) of 6.7% between 2018 and 2023.

Market production volume increased with a CAGR of 0.8% between 2018 and 2023, reaching a total of 18,13,097.1 thousand tons in 2023.

The increase in real Gross Value Added (GVA) in industry annual growth has been a key driver for the steel market. In 2023, the Chinese real GVA in the industrial sector grew by 5.3%, according to the United Nations Statistics Division (UNSTAT). This rise in industrial activity led to higher steel consumption for machinery, equipment, and construction materials.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the global steel market
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 by both value and volume

Reasons to Buy

What was the size of the global steel market by value in 2023?
What will be the size of the global steel market in 2028?
What factors are affecting the strength of competition in the global steel market?
How has the market performed over the last five years?
Who are the top competitors in the global steel market?

Product Code: MLIG240079-01

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 share
1.7. Competitive landscape

2 Introduction

2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions

3 Global Steel

3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis

4 Macroeconomic Indicators

4.1. Country data

5 Steel in Asia-Pacific

5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis

6 Steel in Europe

6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis

7 Macroeconomic Indicators

7.1. Country data

8 Steel in France

8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis

9 Macroeconomic Indicators

9.1. Country data

10 Steel in Germany

10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis

11 Macroeconomic Indicators

11.1. Country data

12 Steel in Australia

12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis

13 Macroeconomic Indicators

13.1. Country data

14 Steel in Brazil

14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis

15 Macroeconomic Indicators

15.1. Country data

16 Steel in Canada

16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis

17 Macroeconomic Indicators

17.1. Country data

18 Steel in China

18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis

19 Macroeconomic Indicators

19.1. Country data

20 Steel in India

20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis

21 Macroeconomic Indicators

21.1. Country data

22 Steel in Indonesia

22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis

23 Macroeconomic Indicators

23.1. Country data

24 Steel in Italy

24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis

25 Macroeconomic Indicators

25.1. Country data

26 Steel in Japan

26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis

27 Macroeconomic Indicators

27.1. Country data

28 Steel in Mexico

28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis

29 Macroeconomic Indicators

29.1. Country data

30 Steel in The Netherlands

30.1. Market Overview
30.2. Market Data
30.3. Market Segmentation
30.4. Market outlook
30.5. Five forces analysis

31 Macroeconomic Indicators

31.1. Country data

32 Steel in North America

32.1. Market Overview
32.2. Market Data
32.3. Market Segmentation
32.4. Market outlook
32.5. Five forces analysis

33 Steel in Russia

33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis

34 Macroeconomic Indicators

34.1. Country data

35 Steel in Scandinavia

35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis

36 Steel in Singapore

36.1. Market Overview
36.2. Market Data
36.3. Market Segmentation
36.4. Market outlook
36.5. Five forces analysis

37 Macroeconomic Indicators

37.1. Country data

38 Steel in South Africa

38.1. Market Overview
38.2. Market Data
38.3. Market Segmentation
38.4. Market outlook
38.5. Five forces analysis

39 Macroeconomic Indicators

39.1. Country data

40 Steel in South Korea

40.1. Market Overview
40.2. Market Data
40.3. Market Segmentation
40.4. Market outlook
40.5. Five forces analysis

41 Macroeconomic Indicators

41.1. Country data

42 Steel in Spain

42.1. Market Overview
42.2. Market Data
42.3. Market Segmentation
42.4. Market outlook
42.5. Five forces analysis

43 Macroeconomic Indicators

43.1. Country data

44 Steel in Turkey

44.1. Market Overview
44.2. Market Data
44.3. Market Segmentation
44.4. Market outlook
44.5. Five forces analysis

45 Macroeconomic Indicators

45.1. Country data

46 Steel in The United Kingdom

46.1. Market Overview
46.2. Market Data
46.3. Market Segmentation
46.4. Market outlook
46.5. Five forces analysis

47 Macroeconomic Indicators

47.1. Country data

48 Steel in The United States

48.1. Market Overview
48.2. Market Data
48.3. Market Segmentation
48.4. Market outlook
48.5. Five forces analysis

49 Macroeconomic Indicators

49.1. Country data

50 Company Profiles

50.1. China Baowu Steel Group Corp Ltd
50.2. ArcelorMittal SA
50.3. Nippon Steel Corp
50.4. Ansteel Group Corp Ltd
50.5. JSW Steel Ltd
50.6. Tata Steel Ltd
50.7. ThyssenKrupp AG
50.8. Tata Steel Europe Ltd
50.9. Grupo Celsa
50.10. Aperam SA
50.11. Vallourec SA
50.12. Salzgitter AG
50.13. Saarstahl AG
50.14. BlueScope Steel Ltd
50.15. Liberty Steel Group
50.16. Bisalloy Steel Group Ltd
50.17. Gerdau SA
50.18. Companhia Siderurgica Nacional
50.19. Usinas Siderurgicas de Minas Gerais SA
50.20. Stelco Holdings Inc
50.21. Evraz Plc
50.22. China Steel Corp
50.23. HBIS Group Co Ltd
50.24. Anshan Iron and Steel Group Co Ltd
50.25. Jindal Steel & Power Ltd
50.26. Steel Authority of India Ltd
50.27. PT Krakatau Steel Persero Tbk
50.28. Gunung Steel Group
50.29. PT Gunung Raja Paksi Tbk
50.30. PT Jindal Stainless Indonesia
50.31. Marcegaglia Steel SpA
50.32. Danieli & C. Officine Meccaniche SpA
50.33. Arvedi Group
50.34. JFE Holdings Inc
50.35. Kobe Steel Ltd
50.36. Industrias CH SAB de CV
50.37. Altos Hornos de Mexico SAB de CV
50.38. Ternium SA
50.39. Van Merksteijn International BV
50.40. United States Steel Corp
50.41. Steel Dynamics Inc
50.42. Nucor Corp
50.43. Magnitogorsk Metallurgicheskiy Kombinat
50.44. Novolipetsk Steel
50.45. Severstal
50.46. SSAB AB
50.47. BE Group AB
50.48. Outokumpu Oyj
50.49. ArcelorMittal South Africa Ltd
50.50. Columbus Stainless (Pty) Ltd
50.51. Evraz Highveld Steel and Vanadium Ltd
50.52. POSCO Holdings Inc
50.53. Hyundai Steel Co
50.54. KG Dongbu Steel Co Ltd
50.55. Dongkuk Steel Mill Co Ltd
50.56. Acerinox SA
50.57. Eregli Demir ve Celik Fabrikalari TAS
50.58. Icdas Celik Enerji Tersane ve Ulasim Sanayi AS
50.59. Habas Group
50.60. Tosyali Holding AS
50.61. British Steel Ltd

51 Appendix

51.1. Methodology
51.2. About MarketLine

Product Code: MLIG240079-01

List of Tables

Table 1: Global steel market value: $ million, 2018-23
Table 2: Global steel market volume: thousand tonnes, 2018-23
Table 3: Global steel market geography segmentation: $ million, 2023
Table 4: Global steel market share: % share, by volume, 2023
Table 5: Global steel market value forecast: $ million, 2023-28
Table 6: Global steel market volume forecast: thousand tonnes, 2023-28
Table 7: Global Size of Population (million), 2019-23
Table 8: Global real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 9: Global GDP (Current Prices, $ Billion), 2019-23
Table 10: Global Inflation, 2019-23
Table 11: Global Consumer Price Index (Absolute), 2019-23
Table 12: Global exchange rate, 2018-23
Table 13: Asia-Pacific steel market value: $ million, 2018-23
Table 14: Asia-Pacific steel market volume: thousand tonnes, 2018-23
Table 15: Asia-Pacific steel market geography segmentation: $ million, 2023
Table 16: Asia-Pacific steel market value forecast: $ million, 2023-28
Table 17: Asia-Pacific steel market volume forecast: thousand tonnes, 2023-28
Table 18: Europe steel market value: $ million, 2018-23
Table 19: Europe steel market volume: thousand tonnes, 2018-23
Table 20: Europe steel market geography segmentation: $ million, 2023
Table 21: Europe steel market value forecast: $ million, 2023-28
Table 22: Europe steel market volume forecast: thousand tonnes, 2023-28
Table 23: Europe Size of Population (million), 2019-23
Table 24: Europe real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 25: Europe GDP (Current Prices, $ Billion), 2019-23
Table 26: Europe Inflation, 2019-23
Table 27: Europe Consumer Price Index (Absolute), 2019-23
Table 28: Europe exchange rate, 2018-23
Table 29: France steel market value: $ million, 2018-23
Table 30: France steel market volume: thousand tonnes, 2018-23
Table 31: France steel market geography segmentation: $ million, 2023
Table 32: France steel market value forecast: $ million, 2023-28
Table 33: France steel market volume forecast: thousand tonnes, 2023-28
Table 34: France Size of Population (million), 2019-23
Table 35: France real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 36: France GDP (Current Prices, $ Billion), 2019-23
Table 37: France Inflation, 2019-23
Table 38: France Consumer Price Index (Absolute), 2019-23
Table 39: France exchange rate, 2018-23
Table 40: Germany steel market value: $ million, 2018-23
Table 41: Germany steel market volume: thousand tonnes, 2018-23
Table 42: Germany steel market geography segmentation: $ million, 2023
Table 43: Germany steel market value forecast: $ million, 2023-28
Table 44: Germany steel market volume forecast: thousand tonnes, 2023-28
Table 45: Germany Size of Population (million), 2019-23
Table 46: Germany real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 47: Germany GDP (Current Prices, $ Billion), 2019-23
Table 48: Germany Inflation, 2019-23
Table 49: Germany Consumer Price Index (Absolute), 2019-23
Table 50: Germany exchange rate, 2018-23
Table 51: Australia steel market value: $ million, 2018-23
Table 52: Australia steel market volume: thousand tonnes, 2018-23
Table 53: Australia steel market geography segmentation: $ million, 2023
Table 54: Australia steel market value forecast: $ million, 2023-28
Table 55: Australia steel market volume forecast: thousand tonnes, 2023-28
Table 56: Australia Size of Population (million), 2019-23
Table 57: Australia real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 58: Australia GDP (Current Prices, $ Billion), 2019-23
Table 59: Australia Inflation, 2019-23
Table 60: Australia Consumer Price Index (Absolute), 2019-23
Table 61: Australia exchange rate, 2018-23
Table 62: Brazil steel market value: $ million, 2018-23
Table 63: Brazil steel market volume: thousand tonnes, 2018-23
Table 64: Brazil steel market geography segmentation: $ million, 2023
Table 65: Brazil steel market value forecast: $ million, 2023-28
Table 66: Brazil steel market volume forecast: thousand tonnes, 2023-28
Table 67: Brazil Size of Population (million), 2019-23
Table 68: Brazil real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 69: Brazil GDP (Current Prices, $ Billion), 2019-23
Table 70: Brazil Inflation, 2019-23
Table 71: Brazil Consumer Price Index (Absolute), 2019-23
Table 72: Brazil exchange rate, 2018-23
Table 73: Canada steel market value: $ million, 2018-23
Table 74: Canada steel market volume: thousand tonnes, 2018-23
Table 75: Canada steel market geography segmentation: $ million, 2023
Table 76: Canada steel market value forecast: $ million, 2023-28
Table 77: Canada steel market volume forecast: thousand tonnes, 2023-28
Table 78: Canada Size of Population (million), 2019-23
Table 79: Canada real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 80: Canada GDP (Current Prices, $ Billion), 2019-23
Table 81: Canada Inflation, 2019-23
Table 82: Canada Consumer Price Index (Absolute), 2019-23
Table 83: Canada exchange rate, 2018-23
Table 84: China steel market value: $ million, 2018-23
Table 85: China steel market volume: thousand tonnes, 2018-23
Table 86: China steel market geography segmentation: $ million, 2023
Table 87: China steel market value forecast: $ million, 2023-28
Table 88: China steel market volume forecast: thousand tonnes, 2023-28
Table 89: China Size of Population (million), 2019-23
Table 90: China real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 91: China GDP (Current Prices, $ Billion), 2019-23
Table 92: China Inflation, 2019-23
Table 93: China Consumer Price Index (Absolute), 2019-23

List of Figures

Figure 1: Global steel market value: $ million, 2018-23
Figure 2: Global steel market volume: thousand tonnes, 2018-23
Figure 3: Global steel market geography segmentation: % share, by value, 2023
Figure 4: Global steel market share: % share, by volume, 2023
Figure 5: Global steel market value forecast: $ million, 2023-28
Figure 6: Global steel market volume forecast: thousand tonnes, 2023-28
Figure 7: Forces driving competition in the global steel market, 2023
Figure 8: Drivers of buyer power in the global steel market, 2023
Figure 9: Drivers of supplier power in the global steel market, 2023
Figure 10: Factors influencing the likelihood of new entrants in the global steel market, 2023
Figure 11: Factors influencing the threat of substitutes in the global steel market, 2023
Figure 12: Drivers of degree of rivalry in the global steel market, 2023
Figure 13: Asia-Pacific steel market value: $ million, 2018-23
Figure 14: Asia-Pacific steel market volume: thousand tonnes, 2018-23
Figure 15: Asia-Pacific steel market geography segmentation: % share, by value, 2023
Figure 16: Asia-Pacific steel market value forecast: $ million, 2023-28
Figure 17: Asia-Pacific steel market volume forecast: thousand tonnes, 2023-28
Figure 18: Forces driving competition in the steel market in Asia-Pacific, 2023
Figure 19: Drivers of buyer power in the steel market in Asia-Pacific, 2023
Figure 20: Drivers of supplier power in the steel market in Asia-Pacific, 2023
Figure 21: Factors influencing the likelihood of new entrants in the steel market in Asia-Pacific, 2023
Figure 22: Factors influencing the threat of substitutes in the steel market in Asia-Pacific, 2023
Figure 23: Drivers of degree of rivalry in the steel market in Asia-Pacific, 2023
Figure 24: Europe steel market value: $ million, 2018-23
Figure 25: Europe steel market volume: thousand tonnes, 2018-23
Figure 26: Europe steel market geography segmentation: % share, by value, 2023
Figure 27: Europe steel market value forecast: $ million, 2023-28
Figure 28: Europe steel market volume forecast: thousand tonnes, 2023-28
Figure 29: Forces driving competition in the steel market in Europe, 2023
Figure 30: Drivers of buyer power in the steel market in Europe, 2023
Figure 31: Drivers of supplier power in the steel market in Europe, 2023
Figure 32: Factors influencing the likelihood of new entrants in the steel market in Europe, 2023
Figure 33: Factors influencing the threat of substitutes in the steel market in Europe, 2023
Figure 34: Drivers of degree of rivalry in the steel market in Europe, 2023
Figure 35: France steel market value: $ million, 2018-23
Figure 36: France steel market volume: thousand tonnes, 2018-23
Figure 37: France steel market geography segmentation: % share, by value, 2023
Figure 38: France steel market value forecast: $ million, 2023-28
Figure 39: France steel market volume forecast: thousand tonnes, 2023-28
Figure 40: Forces driving competition in the steel market in France, 2023
Figure 41: Drivers of buyer power in the steel market in France, 2023
Figure 42: Drivers of supplier power in the steel market in France, 2023
Figure 43: Factors influencing the likelihood of new entrants in the steel market in France, 2023
Figure 44: Factors influencing the threat of substitutes in the steel market in France, 2023
Figure 45: Drivers of degree of rivalry in the steel market in France, 2023
Figure 46: Germany steel market value: $ million, 2018-23
Figure 47: Germany steel market volume: thousand tonnes, 2018-23
Figure 48: Germany steel market geography segmentation: % share, by value, 2023
Figure 49: Germany steel market value forecast: $ million, 2023-28
Figure 50: Germany steel market volume forecast: thousand tonnes, 2023-28
Figure 51: Forces driving competition in the steel market in Germany, 2023
Figure 52: Drivers of buyer power in the steel market in Germany, 2023
Figure 53: Drivers of supplier power in the steel market in Germany, 2023
Figure 54: Factors influencing the likelihood of new entrants in the steel market in Germany, 2023
Figure 55: Factors influencing the threat of substitutes in the steel market in Germany, 2023
Figure 56: Drivers of degree of rivalry in the steel market in Germany, 2023
Figure 57: Australia steel market value: $ million, 2018-23
Figure 58: Australia steel market volume: thousand tonnes, 2018-23
Figure 59: Australia steel market geography segmentation: % share, by value, 2023
Figure 60: Australia steel market value forecast: $ million, 2023-28
Figure 61: Australia steel market volume forecast: thousand tonnes, 2023-28
Figure 62: Forces driving competition in the steel market in Australia, 2023
Figure 63: Drivers of buyer power in the steel market in Australia, 2023
Figure 64: Drivers of supplier power in the steel market in Australia, 2023
Figure 65: Factors influencing the likelihood of new entrants in the steel market in Australia, 2023
Figure 66: Factors influencing the threat of substitutes in the steel market in Australia, 2023
Figure 67: Drivers of degree of rivalry in the steel market in Australia, 2023
Figure 68: Brazil steel market value: $ million, 2018-23
Figure 69: Brazil steel market volume: thousand tonnes, 2018-23
Figure 70: Brazil steel market geography segmentation: % share, by value, 2023
Figure 71: Brazil steel market value forecast: $ million, 2023-28
Figure 72: Brazil steel market volume forecast: thousand tonnes, 2023-28
Figure 73: Forces driving competition in the steel market in Brazil, 2023
Figure 74: Drivers of buyer power in the steel market in Brazil, 2023
Figure 75: Drivers of supplier power in the steel market in Brazil, 2023
Figure 76: Factors influencing the likelihood of new entrants in the steel market in Brazil, 2023
Figure 77: Factors influencing the threat of substitutes in the steel market in Brazil, 2023
Figure 78: Drivers of degree of rivalry in the steel market in Brazil, 2023
Figure 79: Canada steel market value: $ million, 2018-23
Figure 80: Canada steel market volume: thousand tonnes, 2018-23
Figure 81: Canada steel market geography segmentation: % share, by value, 2023
Figure 82: Canada steel market value forecast: $ million, 2023-28
Figure 83: Canada steel market volume forecast: thousand tonnes, 2023-28
Figure 84: Forces driving competition in the steel market in Canada, 2023
Figure 85: Drivers of buyer power in the steel market in Canada, 2023
Figure 86: Drivers of supplier power in the steel market in Canada, 2023
Figure 87: Factors influencing the likelihood of new entrants in the steel market in Canada, 2023
Figure 88: Factors influencing the threat of substitutes in the steel market in Canada, 2023
Figure 89: Drivers of degree of rivalry in the steel market in Canada, 2023
Figure 90: China steel market value: $ million, 2018-23
Figure 91: China steel market volume: thousand tonnes, 2018-23
Figure 92: China steel market geography segmentation: % share, by value, 2023
Figure 93: China steel market value forecast: $ million, 2023-28
Figure 94: China steel market volume forecast: thousand tonnes, 2023-28

Steel Global Industry Almanac 2019-2028

Description

Table of Contents

List of Tables

Summary

Key Highlights

Scope

Reasons to Buy

Table of Contents

1 EXECUTIVE SUMMARY

2 Introduction

3 Global Steel

4 Macroeconomic Indicators

5 Steel in Asia-Pacific

6 Steel in Europe

7 Macroeconomic Indicators

8 Steel in France

9 Macroeconomic Indicators

10 Steel in Germany

11 Macroeconomic Indicators

12 Steel in Australia

13 Macroeconomic Indicators

14 Steel in Brazil

15 Macroeconomic Indicators

16 Steel in Canada

17 Macroeconomic Indicators

18 Steel in China

19 Macroeconomic Indicators

20 Steel in India

21 Macroeconomic Indicators

22 Steel in Indonesia

23 Macroeconomic Indicators

24 Steel in Italy

25 Macroeconomic Indicators

26 Steel in Japan

27 Macroeconomic Indicators

28 Steel in Mexico

29 Macroeconomic Indicators

30 Steel in The Netherlands

31 Macroeconomic Indicators

32 Steel in North America

33 Steel in Russia

34 Macroeconomic Indicators

35 Steel in Scandinavia

36 Steel in Singapore

37 Macroeconomic Indicators

38 Steel in South Africa

39 Macroeconomic Indicators

40 Steel in South Korea

41 Macroeconomic Indicators

42 Steel in Spain

43 Macroeconomic Indicators

44 Steel in Turkey

45 Macroeconomic Indicators

46 Steel in The United Kingdom

47 Macroeconomic Indicators

48 Steel in The United States

49 Macroeconomic Indicators

50 Company Profiles

51 Appendix

List of Tables

List of Figures