Global Steel Industry Market Growth, Size, Share & Industry Report to 2019-2025

Posted by nabeel on February 1st, 2021

The global steel industry is expected to grow at a modest CAGR over the forecast period 2019-2025. Rising demand for steels in various end-use industries including construction, automotive, aviation and marine, and yellow goods and mining equipment is fueling the market growth. Data published by the World Steel Association reflect that the global steel demand registered a growth of 1.4% during 2018 and is further estimated to grow in the near future. Moreover, the aforementioned society also suggests that global steelmaking capacity, in nominal crude terms, remained nearly unchanged in 2018, following declines in 2016 and 2017. The report analyzes the global steel industry on the basis of processing type, end-use industry, and geography. 

Get Free Sample Copy @ 

Based on the processing type, the market is divided into hot rolled steel and cold rolled steel. On the basis of end-use industry, the market is classified into construction, automotive, aviation & marine, and yellow goods and mining equipment. The automotive sector is expected to generate significant demand for steel in the near future; however, as several automotive plants have halted their production due to the recent COVID-19 outbreak, the demand is likely to fluctuate. Automakers such as Kia Motors, Hyundai Corp., Force Motors, Toyota, Tesla, and several others have suspended their production in recent days which is expected to negatively impact the steel market growth.


Market Segmentation

Processing Type

  • Hot Rolled Steel
  • Cold Rolled Steel

End-Use Industry

  • Construction
  • Automotive
  • Aviation & Marine
  • Yellow Goods & Mining Equipment

Regional Analysis

North America

  • United States
  • Canada


  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe 


  • China
  • India
  • Japan
  • Rest of Asia-Pacific 

Rest of the World

Companies Studied 

  • ArcelorMittal S.A
  • Baosteel Group Corp.
  • Hebei Iron and Steel Group Co. Ltd.
  • Hyundai Steel Co., Ltd
  • JFE Steel Corp.
  • Jiangsu Shagang Group Co., Ltd
  • Nippon Steel Corp.
  • Pohang Iron and Steel Co. (POSCO)
  • Tata Steel Ltd.
  • Wuhan Iron and Steel Group Corp.

Reasons to Buying From us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ 

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari


Contact no: +91 780-304-0404

Like it? Share it!


About the Author

Joined: November 26th, 2020
Articles Posted: 337

More by this author