Steel Market

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Market Size (2026)
USD 2164.5 Bn
Forecast (2036)
USD 3329.4 Bn
CAGR (2026 to 2036)
4.4%

How big is Steel Market in 2026?

The steel market is estimated at USD 2,073.3 billion in 2025 and is expected to reach USD 2,164.5 billion in 2026. Sales of steel are projected to grow at a 4.4% CAGR and reach USD 3,329.4 billion by 2036.

Sales of steel are highest in building and construction, which is expected to hold 38.5% of end use sales in 2026 as frames, foundations and roofing absorb the largest tonnages. The steel market is estimated at USD 2,073.3 billion in 2025 and is likely to reach USD 2,164.5 billion in 2026. Demand for steel is forecast to grow at a 4.4% CAGR and reach USD 3,329.4 billion by 2036, as grid lines, rail corridors and factory shells call for heavier sections.

Steel Market Value Analysis
Steel Market Value Analysis

Rivalry among mills and the threat of imports are the two Porter forces that set steel prices most often. Surplus tonnage from export-led producers keeps coil and rebar offers low in open markets. The UK Steel Strategy, launched on 19 March 2026, set stricter tariff-rate quotas from July 2026 and tariffs of up to 50% on imports above quota.[1] Quotas of this kind weaken importers and let protected mills hold contract prices. Buyer power stays high among carmakers and large contractors, who split annual tenders across several suppliers. FMI's model shows scrap-fed furnace producers near customers holding margin best, unlocking a steadier stream of orders for low-carbon sections.

Key Market Trends & Insights

  • Carbon steel is expected to lead steel type sales with 42.3% share in 2026, as rebar, structural sections, line pipe and car body sheet all start from low- and medium-carbon grades. Stainless steel follows at an estimated 22%.
  • Contractors buying rebar, beams and coated roofing keep building and construction ahead by end use at 38.5%, with automotive near 15.6%. Steel Dynamics said non-residential construction, energy, automotive and industrial buyers led steel demand in the September 2026 quarter.[2]

Regional Highlights

  • India is projected at 6.2%, first among the countries covered in FMI's country set, as new integrated plants and infrastructure orders add tonnage.
  • Brazil (4.7%) and Germany (4.5%) also run ahead of the global 4.4%. China is close behind at 4.3%, with France at 4.2% and the United States on 4.1%. Japan (4%) and the United Kingdom (3.8%) close the table.
  • Global crude steel output was 1,849.4 Mt in 2025, down 2%, according to worldsteel figures released on 23 January 2026.[3]

Market Size & Forecast

Table 1: Market Size and Forecast for the Steel Market (USD billion and percentage), 2025 to 2036

Metric Value
2025 Market Size USD 2,073.3 billion
Estimated Market Size in 2026 USD 2,164.5 billion
Projected Market Size by 2036 USD 3,329.4 billion
CAGR, 2026 to 2036 4.4%
Added Revenue, 2026 to 2036 USD 1,164.9 billion
Market Expansion Multiple 1.5x

Demand for steel moves in project cycles. A data hall, transmission line or car platform is specified years ahead, and mills plan rolling schedules against those dates. Commercial Metals Company reported fiscal 2026 net sales of USD 9.39 billion, up from USD 7.80 billion, with North America downstream backlog volumes up 15.5% on the prior year.[4] Upstream, the iron ore pellet market is projected to expand at a 6.1% CAGR as direct reduction plants buy more pellet feed for lower-carbon iron. The FMI outlook gives the steel market about USD 1,164.9 billion of new sales over the decade, so sales in 2036 are expected to be roughly 1.5 times the 2026 level. A slide in construction starts or a fresh surge of export tonnage would delay that path.

Scrap-Based Furnaces, Import Quotas and Mill Restructuring

Electric arc furnaces are taking a larger part of new capacity. Salzgitter signed with Tenova on 28 July 2026 for a 285-tonne furnace at HKM in Duisburg, with capacity of up to 2.5 million tonnes, completion in 2029 and EUR 200 million of federal funding together with North Rhine-Westphalia.[5] Steel Dynamics shipped 3.8 million tons in the September 2026 quarter at an average external price of USD 1,400 per ton.[2] Scrap-fed mills therefore gain orders from buyers who need lower-emission sections.

Trade rules and restructuring decide which mills keep volume. Salzgitter raised 2026 guidance to external sales of about EUR 10 billion and said EU trade defence measures should add positive stimulus over the year.[6] JFE Steel plans to suspend the Keihin pickling line by the end of fiscal 2026 and the No.4 galvanizing line by the first half of fiscal 2028, citing structural change in domestic steel demand.[7] Older coastal lines in mature countries are closing, and protected, modernised plants absorb the tonnage.

Table 2: Furnace, Trade and Restructuring Indicators for the Steel Market (capacity, shipments and policy), 2026

Indicator Data Point Relevance Source
Global crude steel output, 2025 1,849.4 Mt; down 2% Tonnage base behind steel sales [3]
Steel Dynamics shipments, Q3 2026 3.8 million tons; USD 1,400 per ton average price Scrap-based supply and pricing in the United States [2]
Commercial Metals Company net sales, FY2026 USD 9.39 billion Rebar and merchant bar demand from construction [4]
HKM electric arc furnace, Duisburg Up to 2.5 million tonnes; due in 2029 Low-carbon capacity in Germany [5]
Salzgitter guidance, 2026 External sales of about EUR 10 billion European flat and plate demand [6]
UK import quotas, from July 2026 Tariffs of up to 50% above quota Import pressure on domestic mills [1]
JSW JFE Steel joint venture, March 2026 4.5 million tons a year of crude steel Integrated capacity in India [8]

Analyst Perspective

“Scrap access will, in my view, decide which mills gain share of steel sales over the next ten years. Carmakers and builders now ask for emissions data on every coil and beam, and mills with electric furnaces near scrap yards can answer that request at a lower cost. I expect older blast furnace lines in mature countries to keep closing, with new integrated tonnage concentrated in fast-building economies.”

- Nikhil Kaitwade, Principal Consultant, Future Market Insights.

How is the steel market segmented?

The market is segmented into steel type, end use, and region. Carbon steel is expected to lead steel type with 42.3% share in 2026, and building and construction leads end use at 38.5%.

By steel type: carbon steel, stainless steel, alloy steel, tool steel, and others.

By end use: building and construction, automotive, railways, shipbuilding and marine, aerospace, oil, gas and energy, heavy machinery and equipment, consumer appliances, and cutting tools and agriculture equipment.

By region: mills, service centres and fabricators across North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and Middle East and Africa.

Why does carbon steel lead steel market sales by steel type?

Steel Market Analysis by Steel Type
Steel Market Analysis by Steel Type

Carbon steel is expected to lead steel type sales with 42.3% share in 2026, ahead of stainless steel at about 22% and alloy steel at an estimated 19.5%.

Table 3: Steel Type Share for the Steel Market (percentage share), 2026

Steel Type Estimated Share (2026)
Carbon Steel 42.3%
Stainless Steel 22%
Alloy Steel 19.5%
Tool Steel 8.7%
Others 7.5%
Total 100.0%

Table 4: Steel Type Leadership and Market Growth for the Steel Market (segment and CAGR percentage), 2026 to 2036

Metric Value
Global CAGR (2026 to 2036) 4.4%
Leading Segment Carbon Steel

Rebar, beams, plate and line pipe need strength at the lowest cost per tonne, so carbon steel is expected to lead with 42.3% share in 2026. Stainless steel, about 22%, costs several times as much per tonne owing to nickel and chromium content and is bought for food plants, kitchens and chemical tanks. Alloy steel, near 19.5%, adds manganese, chromium or molybdenum for gears, axles and pressure parts, a smaller tonnage at a higher price. Tool steel, an estimated 8.7%, serves dies and cutters, and weathering and other grades hold 7.5%. Within higher grades, the stainless steel market is projected to grow at a 5.4% CAGR, and the tool steel market at 6.2%, so premium grades gain share slowly. Merchant bar growth at Commercial Metals Company came from industrial applications that included data center activity in fiscal 2026.[4]

  • Low-carbon rebar, medium-carbon structural sections and high-carbon wire rod form the carbon steel base.
  • Steel Dynamics put average external steel prices at USD 1,400 per ton for the September 2026 quarter.[2]

Why does building and construction lead steel market sales by end use?

Building and construction is projected to lead end use sales with 38.5% share in 2026, with automotive at about 15.6% and heavy machinery and equipment at an estimated 12.4%.

Table 5: End Use Share for the Steel Market (percentage share), 2026

End Use Estimated Share (2026)
Building and Construction 38.5%
Automotive 15.6%
Heavy Machinery and Equipment 12.4%
Oil, Gas and Energy 9.2%
Consumer Appliances 6.3%
Railways 5.1%
Cutting Tools and Agriculture Equipment 4.8%
Shipbuilding and Marine 4.6%
Aerospace 3.5%
Total 100.0%

A single warehouse or tower can use thousands of tonnes in frames, decks and rebar, so building and construction is estimated to lead with 38.5% share in 2026. Automotive, near 15.6%, buys thin coated sheet in smaller lots per vehicle and moves with model cycles. Heavy machinery and equipment, about 12.4%, and oil, gas and energy, 9.2%, need plate and tube for cranes, pipelines and towers. Consumer appliances hold an estimated 6.3% and railways 5.1%, both with steady but limited tonnage. Cutting tools and agriculture equipment hold about 4.8%, shipbuilding and marine 4.6% and aerospace 3.5%, as steel competes there with aluminium and titanium. Precast backlog at Commercial Metals Company was up about 3% in October 2026, with downstream backlog volumes 15.5% higher.[4] Builders will keep this segment ahead, as each project specifies far more steel per order than a car or appliance line.

  • Structural frames, rebar, roofing, cladding, piping and elevator shafts account for most construction tonnage.
  • Fabrication demand at Steel Dynamics came from commercial construction, manufacturing, warehouses, data centers and healthcare in Q3 2026.[2]

What are the drivers, restraints, and opportunities in the steel market?

Infrastructure, power grids and factory building keep demand for steel rising. Surplus export tonnage presses prices in open markets, and low-carbon mills open premium contracts with carmakers and builders.

  • Driver: Grid, rail and factory projects specify heavy sections, plate and rebar years ahead, which gives mills visible backlogs across the decade.
  • Restraint: Surplus capacity in export-led producing countries pushes low-priced coil and rebar into open markets, which squeezes margins for mills without trade protection.
  • Opportunity: Buyers with emissions targets want certified low-carbon steel, which rewards scrap-fed and hydrogen-ready plants that can document lower emissions per tonne.

Project Pipelines Keep Mill Backlogs Full

Adoption of steel-heavy designs is rising in power, data and logistics projects. In Q3 2026, energy, non-residential construction, automotive and industrial sectors led steel demand at Steel Dynamics, and the company expects infrastructure, manufacturing, energy and data center investment to support consumption.[2] North America downstream backlog volumes at Commercial Metals Company were 15.5% above the prior year.[4] Mills serving these projects will hold steadier loadings than mills selling into spot coil.

Surplus Export Tonnage Presses Prices

Producers of steel in open markets face price pressure whenever export tonnage rises. In FMI's view, coil and rebar sellers without quota protection carry the most exposure. Global crude steel output fell 2% to 1,849.4 Mt in 2025, with China at 960.8 Mt.[3] The United Kingdom introduced stricter quotas from July 2026 after domestic output fell to about 30% of national demand.[1] Governments will keep adding trade defence measures, and mills outside those regimes will compete on cost alone.

Low-Carbon Capacity Opens Premium Contracts

Plants that cut emissions per tonne will gain the next long contracts from carmakers and builders. Salzgitter plans an electric arc furnace of up to 2.5 million tonnes at HKM for completion in 2029, able to run on sponge iron and scrap.[5] The UK Steel Strategy commits up to GBP 2.5 billion and moves production toward electric arc furnaces.[1] Mills with documented low-carbon routes will price above standard grades. Grain-oriented and motor strip add a further premium outlet, and the electrical steel market is expected to increase at a 6.3% CAGR.

Which country CAGRs are profiled in the steel market?

Table 6: Country CAGR Comparison for the Steel Market (CAGR percentage), 2026 to 2036

Steel Market Growth by Market
Steel Market Growth by Market
Country CAGR (2026 to 2036)
India 6.2%
Brazil 4.7%
Germany 4.5%
China 4.3%
France 4.2%
United States 4.1%
Japan 4%
United Kingdom 3.8%

How do country-level CAGRs compare in the steel market?

Indian crude steel output rose 10.4% to 164.9 Mt in 2025.[3] In FMI's country table, India therefore leads at 6.2%. Brazil follows at 4.7% on housing and infrastructure work, and Germany at 4.5% gains from low-carbon furnace projects. China, at 4.3%, runs just short of the 4.4% rate for the market as a whole, as property construction slows. France grows at 4.2% and the United States at 4.1%, both mature markets with growth tied to reindustrialisation. Japan, at 4%, is restructuring older sheet lines, and the United Kingdom, at 3.8%, relies on import quotas and furnace conversion.

  • India adds integrated capacity and infrastructure orders.
  • Housing and public works support Brazil.
  • In Germany, the lever is furnace conversion backed by federal funding.
  • China balances slower property building with manufacturing and grid tonnage.
  • Nuclear, rail and defence projects carry demand for steel in France.
  • Scrap-based mills and factory building lead the United States.
  • Japan consolidates domestic sheet capacity.
  • Import quotas and a planned move to electric furnaces shape the United Kingdom.

Full report country CAGRs cover: eight national rates, from India on 6.2% down to the United Kingdom on 3.8%, with Brazil and Germany placed above the global 4.4%, and every other standard country tracked by region.

Country-wise Analysis

India Steel Market Outlook (2026 to 2036)

JFE Steel and JSW Steel completed a 50-50 joint venture on 30 March 2026 for the Bhushan Power & Steel plant in Odisha, with 4.5 million tons a year of crude steel capacity and an estimated JFE investment of INR 157.5 billion.[8] Indian output rose 10.4% in 2025.[3] Highways, metro lines and housing will keep demand for steel in India growing at a 6.2% CAGR, the fastest pace in the profiled group.

Key takeaway: New integrated plants and public works set the pace in India.

Brazil Steel Market Outlook (2026 to 2036)

Brazil produced 33.3 Mt of crude steel in 2025, down 1.6%.[3] Housing programmes, port works and farm machinery are expected to restore orders, and Brazil is forecast at a 4.7% CAGR, slightly ahead of the global pace. Long steel producers such as Gerdau sell much of local volume as construction rebar.

Key takeaway: Construction rebar carries Brazil.

Germany Steel Market Outlook (2026 to 2036)

Germany is the clearest test of low-carbon conversion. Salzgitter launched the HKM furnace project in Duisburg on 29 July 2026, the largest electric arc furnace planned in Germany.[5] Crude steel output fell 8.6% to 34.1 Mt in 2025.[3] FMI tracks Germany at 4.5%, as automotive and machinery buyers pay for certified lower-emission plate and sheet.

Key takeaway: Furnace conversion raises value per tonne in Germany.

China Steel Market Outlook (2026 to 2036)

China produced 960.8 Mt of crude steel in 2025, down 4.4%, as property construction slowed.[3] Grid, rail and factory work will offset part of that loss, and China Baowu Steel Group and Jiangsu Shagang Group are shifting output toward higher-grade sheet. FMI's model shows demand for steel in China rising at a 4.3% CAGR.

Key takeaway: Higher-grade products offset slower building in China.

France Steel Market Outlook (2026 to 2036)

French buyers are ordering steel for nuclear refurbishment, high-speed rail and defence vehicles, and coastal plants at Dunkirk and Fos-sur-Mer roll most of the flat steel used by French carmakers. Steel use in France is expected to grow at a 4.2% CAGR, a little below the global pace.

Key takeaway: Energy and rail work support France.

United States Steel Market Outlook (2026 to 2036)

Steel Dynamics shipped 3.8 million tons in Q3 2026 and reported net sales of USD 6.5 billion.[2] Backlog volumes in North America rose 15.5% in fiscal 2026 at Commercial Metals Company.[4] Scrap-fed mini mills, factory building and data halls give the United States a forecast 4.1% CAGR.

Key takeaway: Mini mills near customers lead growth in the United States.

Japan Steel Market Outlook (2026 to 2036)

JFE Steel will move galvanizing to Fukuyama and suspend Keihin sheet lines by the first half of fiscal 2028, expecting about JPY 10 billion of annual profit improvement.[7] Japanese output fell 4% to 80.7 Mt in 2025.[3] Domestic consolidation and export sheet for carmakers leave Japan at a 4% CAGR.

Key takeaway: Consolidation keeps Japan near a mature pace.

United Kingdom Steel Market Outlook (2026 to 2036)

The UK Steel Strategy aims to raise domestic output from about 30% to 40% to 50% of national demand, with a scrap working group set up by May 2026.[1] The strategy moves production from blast furnaces toward electric arc furnaces that run mainly on scrap.[1] New furnaces need years to build, so the United Kingdom is expected to grow at a 3.8% CAGR, the lowest rate in the table.

Key takeaway: Quotas protect the United Kingdom during furnace conversion.

Who are the notable companies in the steel market?

China Baowu Steel Group, ArcelorMittal, Nippon Steel, POSCO, JSW Steel, thyssenkrupp, Nucor, JFE Steel, Tata Steel, Cleveland-Cliffs, Gerdau, Hyundai Steel, Jiangsu Shagang Group, NLMK, Severstal, EVRAZ, SAIL, Steel Dynamics, Commercial Metals Company and Salzgitter are the profiled companies.

Steel Market Company Highlight
Steel Market Company Highlight

Integrated groups in Asia and Europe, scrap-based mini mill groups in the United States and long steel producers serving builders form the profiled field. Steel Dynamics reported steel operations operating income of USD 1.0 billion in Q3 2026.[2] Salzgitter put H1 2026 external sales at EUR 4.6 billion.[6] JFE Steel added Indian capacity through the JSW JFE Steel joint venture.[8] FMI profiles China Baowu Steel Group, ArcelorMittal, Nippon Steel, POSCO, JSW Steel, thyssenkrupp, Nucor, Tata Steel, Cleveland-Cliffs, Gerdau, Hyundai Steel, Jiangsu Shagang Group, NLMK, Severstal, EVRAZ, SAIL and Commercial Metals Company alongside them.

  • Integrated producers in Asia: China Baowu Steel Group, Nippon Steel, POSCO, JFE Steel, JSW Steel, Tata Steel, SAIL, Hyundai Steel and Jiangsu Shagang Group.
  • Integrated producers in Europe and the Americas: ArcelorMittal, thyssenkrupp, Salzgitter, Cleveland-Cliffs, NLMK, Severstal and EVRAZ.
  • Scrap-based and long steel producers: Nucor, Steel Dynamics, Commercial Metals Company and Gerdau.

Competitive Benchmarking: Steel Market

Table 7: Competitive Benchmarking for the Steel Market (qualitative documentation ratings), 2026

Company Flat Steel Long Steel Low-Carbon Capacity Recency
Steel Dynamics High Medium Medium High
Commercial Metals Company Low High Medium High
Salzgitter High Low High High
JFE Steel High Medium Low High

Ratings reflect the depth of 2026 company disclosures behind each column and say nothing about market share.

Key Developments in the Steel Market

  • On 19 October 2026, Steel Dynamics reported Q3 2026 steel shipments of 3.8 million tons and net sales of USD 6.5 billion.[2]
  • On 15 October 2026, Commercial Metals Company reported fiscal 2026 net sales of USD 9.39 billion.[4]
  • On 11 August 2026, Salzgitter raised 2026 guidance to external sales of about EUR 10 billion.[6]
  • On 29 July 2026, Salzgitter announced the HKM electric arc furnace project with Tenova in Duisburg.[5]
  • On 2 April 2026, JFE Steel announced sheet business restructuring at the Keihin district.[7]
  • On 31 March 2026, JFE Steel completed the JSW JFE Steel joint venture in Odisha.[8]
  • On 19 March 2026, the UK government launched the UK Steel Strategy with up to GBP 2.5 billion of support.[1]
  • On 23 January 2026, worldsteel reported 2025 global crude steel output of 1,849.4 Mt.[3]

Key Players in the Steel Market

Integrated Producers in Asia

  • China Baowu Steel Group
  • Nippon Steel
  • POSCO
  • JFE Steel
  • JSW Steel
  • Tata Steel
  • SAIL
  • Hyundai Steel
  • Jiangsu Shagang Group

Integrated Producers in Europe and the Americas

  • ArcelorMittal
  • thyssenkrupp
  • Salzgitter
  • Cleveland-Cliffs
  • NLMK
  • Severstal
  • EVRAZ

Scrap-Based and Long Steel Producers

  • Nucor
  • Steel Dynamics
  • Commercial Metals Company
  • Gerdau

Steel Market - Report Scope

Table 8: Report Scope for the Steel Market (coverage fields and definitions), 2026 to 2036

Coverage field Report scope
Market breakdown Steel type; end use; region
Quantitative units USD billion
Market definition Finished and semi-finished carbon, stainless, alloy, tool and other steels sold by mills to construction, transport, energy, machinery, appliance, tool and aerospace buyers.
Regions covered North America; Latin America; Western Europe; Eastern Europe; East Asia; South Asia and Pacific; Middle East and Africa
Countries covered United States; Canada; Brazil; Mexico; Argentina; Chile; Germany; France; United Kingdom; Italy; Spain; Benelux; Nordics; Poland; Czech Republic; Romania; Hungary; China; Japan; South Korea; India; ASEAN; Australia and New Zealand; GCC Countries; South Africa; Türkiye; Israel
Key companies profiled China Baowu Steel Group, ArcelorMittal, Nippon Steel, POSCO, JSW Steel, thyssenkrupp, Nucor, JFE Steel, Tata Steel, Cleveland-Cliffs, Gerdau, Hyundai Steel, Jiangsu Shagang Group, NLMK, Severstal, EVRAZ, SAIL, Steel Dynamics, Commercial Metals Company, Salzgitter
Forecast period 2026 to 2036

Steel Market - Research Methodology

Table 9: Research Methodology for the Steel Market (research methods and approach), 2026 edition

Method Approach
Data Sources Mill results, steel association output data, government steel policy and capacity announcements from May 2025 onward.
Desk Research Desk research covers furnace investment, import quotas, construction backlogs, shipments and mill restructuring.
Market Sizing and Forecasting Sizing starts from the 2026 base of USD 2,164.5 billion and the 4.4% CAGR for 2026 to 2036.
Data Validation Output, shipment, price and capacity figures were checked against the release that first carried them.

Steel Market by Segments

Steel Market segmented by Steel Type:

  • Carbon Steel
  • Stainless Steel
  • Alloy Steel
  • Tool Steel
  • Others

Steel Market segmented by End Use:

  • Building and Construction
  • Automotive
  • Railways
  • Shipbuilding and Marine
  • Aerospace
  • Oil, Gas and Energy
  • Heavy Machinery and Equipment
  • Consumer Appliances
  • Cutting Tools and Agriculture Equipment

Steel Market by Region

  • North America
    • United States
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
  • Western Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Benelux
    • Nordics
  • Eastern Europe
    • Poland
    • Czech Republic
    • Romania
    • Hungary
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia and Pacific
    • India
    • ASEAN
    • Australia and New Zealand
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Türkiye
    • Israel

Research Sources and Bibliography

This bibliography is provided for reader reference. The full report contains the complete reference list and detailed citations.

This Report Answers

  • How big is the steel market during 2026?
  • What market size is projected by 2036?
  • Which steel type holds notable share?
  • Which end use holds notable share?
  • Which countries have notable growth?
  • Which companies are notable in the market?

Frequently Asked Questions

How large is the steel market expected in 2026?

FMI estimates the steel market at USD 2,164.5 billion in 2026, against USD 2,073.3 billion in 2025. Sales of steel are projected to reach USD 3,329.4 billion by 2036.

What CAGR is projected for the steel market through 2036?

The steel market is forecast to grow at a 4.4% CAGR from 2026 to 2036. Grid, rail, factory and data hall construction, plus low-carbon steel contracts, support that rate.

Which steel type holds a notable market share in 2026?

Carbon steel is expected to lead with 42.3% share in 2026. Stainless steel follows at an estimated 22%.

Which end use holds a notable market share in 2026?

Building and construction is likely to lead with 38.5% share. Automotive is next at an estimated 15.6%.

Which country has a notable expansion outlook through 2036?

India leads FMI's country set with a 6.2% CAGR. Brazil follows at 4.7%.

Who are the key companies in the steel market?

China Baowu Steel Group, ArcelorMittal, Nippon Steel, POSCO, JFE Steel, JSW Steel, Tata Steel and thyssenkrupp lead the integrated producers. Nucor, Steel Dynamics, Commercial Metals Company and Gerdau lead scrap-based and long steel supply.

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Future Market Insights

Steel Market