Global Steel Market

Global Steel Market Overview

• The Global Steel Market Size is anticipated to exceed USD 2.27 Trillion by 2033, growing at a CAGR of 4.44% from 2023 to 2033.
• Since construction and infrastructure projects need large quantities of steel, this growth is ascribed to increased investments in these fields. 
• Steel consumption is also rising as a result of urbanization and population expansion, which are raising the need for residential and commercial structures.

Major vendors in the Global Steel Market

ArcelorMittal, Baosteel Group, Emirates Steel, JFE Steel Corporation, Nippon Steel Corporation, NUCOR, Outokumpu, POSCO, Tata Steel, and Thyssenkrupp and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the steel market based on the below-mentioned segments:

Global Steel Market, By Product

• Flat Steel
• Long Steel

Global Steel Market, By Application

• Building & Construction
• Automotive & Transportation
• Heavy Industries

 Global Steel Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa