The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Steel Processing Market Research Report 2025
Synopsis
Steel industry is one of the essential industries for the development of any community. In fact, it is really the base for numerous industries that could not have been established without steel industry. The European industrial revolution at the beginning of this century was actually founded on this industry. There are three basic routes to obtain finished steel products: (1) integrated steel production, (2) secondary processing, and (3) direct reduction. Integrated steel production involves transforming coal to coke in coke ovens, while iron ore is sintered or belletized prior to being fed into the blast furnace (BF). The ore is reduced in the blast furnace to obtain hot metal containing some 4% carbon and smaller quantities of other alloying elements. Next the hot metal is converted to steel in the basic oxygen furnace (BOF). Then, it is continuously cast to obtain semi-finished products, such as blooms, bars or slabs. These semi-finished products are rolled to the finished shapes of bars, sheet, rail, H or I beams. The secondary processing, often called minimills, starts with steel scrap which is melted in an electrical arc furnace (EAF). The molten steel produced is possibly treated in a ladle furnace and then continuously cast and finished in a rolling operation. Originally, minimills provided only lower grade products, especially reinforcing bars. But, they recently have been able to capture a growing segment of the steel market. An alternative mode of steel production is the direct reduction method. In this method, production starts with high grade Iron ore pellets which are reduced with natural gas to sponge pellets. Then, the sponge iron pellets are fed into an electrical arc furnace. The resulting steel is continuously cast and rolled into a final shape.
The global Steel Processing market was valued at US$ 1347600 million in 2023 and is anticipated to reach US$ 1661480 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
The main global Steel Processing players include China Baowu, ArcelorMittal, Nippon Steel, etc. The top three Steel Processing players account for approximately 12% of the total market. Asia is the largest consumer market for Steel Processing, accounting for about 70%, followed by Europe and NAFTZ. In terms of type, Alloy Steel is the largest segment, with a share about 55%. And in terms of application, the largest application is Construction, followed by Automotive.
This report aims to provide a comprehensive presentation of the global market for Steel Processing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Processing.
Report Scope
The Steel Processing market size, estimations, and forecasts are provided in terms of output/shipments (K Ton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steel Processing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steel Processing manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
China Baowu
ArcelorMittal
Nippon Steel
Shagang Group
POSCO
HBIS
ANSTEEL
JFE Group
Shandong Steel
Tata Steel
Segment by Type
Carbon Steel
Alloy Steel
Segment by Application
Construction
Automotive
Transportation
Energy
Packaging
Tools and Machinery
Consumer Appliances
Metal Product
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Steel Processing manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Steel Processing by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Steel Processing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Steel industry is one of the essential industries for the development of any community. In fact, it is really the base for numerous industries that could not have been established without steel industry. The European industrial revolution at the beginning of this century was actually founded on this industry. There are three basic routes to obtain finished steel products: (1) integrated steel production, (2) secondary processing, and (3) direct reduction. Integrated steel production involves transforming coal to coke in coke ovens, while iron ore is sintered or belletized prior to being fed into the blast furnace (BF). The ore is reduced in the blast furnace to obtain hot metal containing some 4% carbon and smaller quantities of other alloying elements. Next the hot metal is converted to steel in the basic oxygen furnace (BOF). Then, it is continuously cast to obtain semi-finished products, such as blooms, bars or slabs. These semi-finished products are rolled to the finished shapes of bars, sheet, rail, H or I beams. The secondary processing, often called minimills, starts with steel scrap which is melted in an electrical arc furnace (EAF). The molten steel produced is possibly treated in a ladle furnace and then continuously cast and finished in a rolling operation. Originally, minimills provided only lower grade products, especially reinforcing bars. But, they recently have been able to capture a growing segment of the steel market. An alternative mode of steel production is the direct reduction method. In this method, production starts with high grade Iron ore pellets which are reduced with natural gas to sponge pellets. Then, the sponge iron pellets are fed into an electrical arc furnace. The resulting steel is continuously cast and rolled into a final shape.
The global Steel Processing market was valued at US$ 1347600 million in 2023 and is anticipated to reach US$ 1661480 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
The main global Steel Processing players include China Baowu, ArcelorMittal, Nippon Steel, etc. The top three Steel Processing players account for approximately 12% of the total market. Asia is the largest consumer market for Steel Processing, accounting for about 70%, followed by Europe and NAFTZ. In terms of type, Alloy Steel is the largest segment, with a share about 55%. And in terms of application, the largest application is Construction, followed by Automotive.
This report aims to provide a comprehensive presentation of the global market for Steel Processing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Processing.
Report Scope
The Steel Processing market size, estimations, and forecasts are provided in terms of output/shipments (K Ton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steel Processing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steel Processing manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
China Baowu
ArcelorMittal
Nippon Steel
Shagang Group
POSCO
HBIS
ANSTEEL
JFE Group
Shandong Steel
Tata Steel
Segment by Type
Carbon Steel
Alloy Steel
Segment by Application
Construction
Automotive
Transportation
Energy
Packaging
Tools and Machinery
Consumer Appliances
Metal Product
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Steel Processing manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Steel Processing by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Steel Processing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Steel Processing Market Overview
1.1 Product Definition
1.2 Steel Processing Segment by Type
1.2.1 Global Steel Processing Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Carbon Steel
1.2.3 Alloy Steel
1.3 Steel Processing Segment by Application
1.3.1 Global Steel Processing Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Construction
1.3.3 Automotive
1.3.4 Transportation
1.3.5 Energy
1.3.6 Packaging
1.3.7 Tools and Machinery
1.3.8 Consumer Appliances
1.3.9 Metal Product
1.3.10 Others
1.4 Global Market Growth Prospects
1.4.1 Global Steel Processing Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Steel Processing Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Steel Processing Production Estimates and Forecasts (2019-2030)
1.4.4 Global Steel Processing Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Steel Processing Production Market Share by Manufacturers (2019-2024)
2.2 Global Steel Processing Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Steel Processing, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Steel Processing Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Steel Processing Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Steel Processing, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Steel Processing, Product Offered and Application
2.8 Global Key Manufacturers of Steel Processing, Date of Enter into This Industry
2.9 Steel Processing Market Competitive Situation and Trends
2.9.1 Steel Processing Market Concentration Rate
2.9.2 Global 5 and 10 Largest Steel Processing Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Steel Processing Production by Region
3.1 Global Steel Processing Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Steel Processing Production Value by Region (2019-2030)
3.2.1 Global Steel Processing Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Steel Processing by Region (2025-2030)
3.3 Global Steel Processing Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Steel Processing Production by Region (2019-2030)
3.4.1 Global Steel Processing Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Steel Processing by Region (2025-2030)
3.5 Global Steel Processing Market Price Analysis by Region (2019-2024)
3.6 Global Steel Processing Production and Value, Year-over-Year Growth
3.6.1 North America Steel Processing Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Steel Processing Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Steel Processing Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Steel Processing Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Steel Processing Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Steel Processing Production Value Estimates and Forecasts (2019-2030)
4 Steel Processing Consumption by Region
4.1 Global Steel Processing Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Steel Processing Consumption by Region (2019-2030)
4.2.1 Global Steel Processing Consumption by Region (2019-2024)
4.2.2 Global Steel Processing Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Steel Processing Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Steel Processing Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Steel Processing Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Steel Processing Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Steel Processing Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Steel Processing Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Steel Processing Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Steel Processing Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Steel Processing Production by Type (2019-2030)
5.1.1 Global Steel Processing Production by Type (2019-2024)
5.1.2 Global Steel Processing Production by Type (2025-2030)
5.1.3 Global Steel Processing Production Market Share by Type (2019-2030)
5.2 Global Steel Processing Production Value by Type (2019-2030)
5.2.1 Global Steel Processing Production Value by Type (2019-2024)
5.2.2 Global Steel Processing Production Value by Type (2025-2030)
5.2.3 Global Steel Processing Production Value Market Share by Type (2019-2030)
5.3 Global Steel Processing Price by Type (2019-2030)
6 Segment by Application
6.1 Global Steel Processing Production by Application (2019-2030)
6.1.1 Global Steel Processing Production by Application (2019-2024)
6.1.2 Global Steel Processing Production by Application (2025-2030)
6.1.3 Global Steel Processing Production Market Share by Application (2019-2030)
6.2 Global Steel Processing Production Value by Application (2019-2030)
6.2.1 Global Steel Processing Production Value by Application (2019-2024)
6.2.2 Global Steel Processing Production Value by Application (2025-2030)
6.2.3 Global Steel Processing Production Value Market Share by Application (2019-2030)
6.3 Global Steel Processing Price by Application (2019-2030)
7 Key Companies Profiled
7.1 China Baowu
7.1.1 China Baowu Steel Processing Corporation Information
7.1.2 China Baowu Steel Processing Product Portfolio
7.1.3 China Baowu Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.1.4 China Baowu Main Business and Markets Served
7.1.5 China Baowu Recent Developments/Updates
7.2 ArcelorMittal
7.2.1 ArcelorMittal Steel Processing Corporation Information
7.2.2 ArcelorMittal Steel Processing Product Portfolio
7.2.3 ArcelorMittal Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ArcelorMittal Main Business and Markets Served
7.2.5 ArcelorMittal Recent Developments/Updates
7.3 Nippon Steel
7.3.1 Nippon Steel Steel Processing Corporation Information
7.3.2 Nippon Steel Steel Processing Product Portfolio
7.3.3 Nippon Steel Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Nippon Steel Main Business and Markets Served
7.3.5 Nippon Steel Recent Developments/Updates
7.4 Shagang Group
7.4.1 Shagang Group Steel Processing Corporation Information
7.4.2 Shagang Group Steel Processing Product Portfolio
7.4.3 Shagang Group Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Shagang Group Main Business and Markets Served
7.4.5 Shagang Group Recent Developments/Updates
7.5 POSCO
7.5.1 POSCO Steel Processing Corporation Information
7.5.2 POSCO Steel Processing Product Portfolio
7.5.3 POSCO Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.5.4 POSCO Main Business and Markets Served
7.5.5 POSCO Recent Developments/Updates
7.6 HBIS
7.6.1 HBIS Steel Processing Corporation Information
7.6.2 HBIS Steel Processing Product Portfolio
7.6.3 HBIS Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.6.4 HBIS Main Business and Markets Served
7.6.5 HBIS Recent Developments/Updates
7.7 ANSTEEL
7.7.1 ANSTEEL Steel Processing Corporation Information
7.7.2 ANSTEEL Steel Processing Product Portfolio
7.7.3 ANSTEEL Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ANSTEEL Main Business and Markets Served
7.7.5 ANSTEEL Recent Developments/Updates
7.8 JFE Group
7.8.1 JFE Group Steel Processing Corporation Information
7.8.2 JFE Group Steel Processing Product Portfolio
7.8.3 JFE Group Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.8.4 JFE Group Main Business and Markets Served
7.7.5 JFE Group Recent Developments/Updates
7.9 Shandong Steel
7.9.1 Shandong Steel Steel Processing Corporation Information
7.9.2 Shandong Steel Steel Processing Product Portfolio
7.9.3 Shandong Steel Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shandong Steel Main Business and Markets Served
7.9.5 Shandong Steel Recent Developments/Updates
7.10 Tata Steel
7.10.1 Tata Steel Steel Processing Corporation Information
7.10.2 Tata Steel Steel Processing Product Portfolio
7.10.3 Tata Steel Steel Processing Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Tata Steel Main Business and Markets Served
7.10.5 Tata Steel Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Steel Processing Industry Chain Analysis
8.2 Steel Processing Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Steel Processing Production Mode & Process
8.4 Steel Processing Sales and Marketing
8.4.1 Steel Processing Sales Channels
8.4.2 Steel Processing Distributors
8.5 Steel Processing Customers
9 Steel Processing Market Dynamics
9.1 Steel Processing Industry Trends
9.2 Steel Processing Market Drivers
9.3 Steel Processing Market Challenges
9.4 Steel Processing Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Chemicals Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
