Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Raw Steel Market by Type (Pig Iron as Raw Material, Scrap Iron as Raw Material), By Application (Construction, Transport, Energy infrastructures, Packaging, Appliances and Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Raw Steel Market by Type (Pig Iron as Raw Material, Scrap Iron as Raw Material), By Application (Construction, Transport, Energy infrastructures, Packaging, Appliances and Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 209496 3300 Chemical & Material 377 238 Pages 4.7 (32)
                                          

The global raw steel market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth in the market is attributed to the increasing demand for raw steel in various applications such as construction, transport, energy infrastructures, packaging and appliances and industry. The demand for raw steel is also driven by its use as a key input material in various industries such as automotive and aerospace. Raw steel production has been on an upward trend over the past few years due to increased investments by governments across different regions of the world. The global raw steel market can be segmented on the basis of type into pig iron as raw material and scrap iron as raw material; on application into construction, transport, energy infrastructures, packaging and appliances and industry; and region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA). 5a) Steel production in India is expected to grow at a rate of 5% annually over the next 10 years due to increased urbanization rates and industrialization efforts from the government; this will lead to an increased demand for raw materials like iron ore, coal, limestone, etc, as well as finished products like cement or rebar that are made from these inputs; this will also lead to an increase in jobs related to mining or manufacturing these goods (e.g., jobs related with mining coal). 5b) Steel production in India is expected to grow at a rate of 5% annually over the next 10 years due 6 factors: 1) Increased urbanization rates 2) Industrialization efforts from government 3) Increased use of electricity 4) Increase in number of factories 5) Increase in number of cars 6) Increase in number of buildings.

Some Of The Growth Factors Of This Market:

  1. The demand for steel is expected to grow by 2% annually, which will lead to a need for more raw steel.
  2. The global population is expected to grow by 1 billion people in the next 20 years, which will increase the demand for steel and raw materials.
  3. China's economic growth has slowed down, but it still remains one of the world's largest consumers of raw materials and steel products.
  4. The United States' economy has been growing steadily since 2009, which has led to an increased demand for construction projects and other infrastructure projects that require large amounts of raw materials like steel and concrete.

Industry Growth Insights published a new data on “Raw Steel Market”. The research report is titled “Raw Steel Market research by Types (Pig Iron as Raw Material, Scrap Iron as Raw Material), By Applications (Construction, Transport, Energy infrastructures, Packaging, Appliances and Industry), By Players/Companies ArcelorMittal, Hesteel Group, Nippon Steel & Sumitomo Metal, POSCO, Baosteel Group, Jiangsu Shagang, Ansteel Group, JFE, Shougang, Tata Steel, Wuhan Iron and Steel Corporation, Shandong Iron and Steel Group, Hyundai Steel, Nucor Corporation, Maanshan Iron and Steel Company”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Raw Steel Market Research Report

By Type

Pig Iron as Raw Material, Scrap Iron as Raw Material

By Application

Construction, Transport, Energy infrastructures, Packaging, Appliances and Industry

By Companies

ArcelorMittal, Hesteel Group, Nippon Steel & Sumitomo Metal, POSCO, Baosteel Group, Jiangsu Shagang, Ansteel Group, JFE, Shougang, Tata Steel, Wuhan Iron and Steel Corporation, Shandong Iron and Steel Group, Hyundai Steel, Nucor Corporation, Maanshan Iron and Steel Company

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

238

Number of Tables & Figures

167

Customization Available

Yes, the report can be customized as per your need.


Global Raw Steel Industry Outlook


Global Raw Steel Market Report Segments:

The global Raw Steel market is segmented on the basis of:

Types

Pig Iron as Raw Material, Scrap Iron as Raw Material

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Construction, Transport, Energy infrastructures, Packaging, Appliances and Industry

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ArcelorMittal
  2. Hesteel Group
  3. Nippon Steel & Sumitomo Metal
  4. POSCO
  5. Baosteel Group
  6. Jiangsu Shagang
  7. Ansteel Group
  8. JFE
  9. Shougang
  10. Tata Steel
  11. Wuhan Iron and Steel Corporation
  12. Shandong Iron and Steel Group
  13. Hyundai Steel
  14. Nucor Corporation
  15. Maanshan Iron and Steel Company

Global Raw Steel Market Overview


Highlights of The Raw Steel Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Pig Iron as Raw Material
    2. Scrap Iron as Raw Material
  1. By Application:

    1. Construction
    2. Transport
    3. Energy infrastructures
    4. Packaging
    5. Appliances and Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Raw Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Raw Steel Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Some of the major players in the raw steel market are ArcelorMittal, Hesteel Group, Nippon Steel & Sumitomo Metal, POSCO, Baosteel Group, Jiangsu Shagang, Ansteel Group, JFE, Shougang, Tata Steel, Wuhan Iron and Steel Corporation, Shandong Iron and Steel Group, Hyundai Steel, Nucor Corporation, Maanshan Iron and Steel Company.

The raw steel market is expected to grow at a compound annual growth rate of 3.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Raw Steel Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Raw Steel Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Raw Steel Market - Supply Chain
   4.5. Global Raw Steel Market Forecast
      4.5.1. Raw Steel Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Raw Steel Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Raw Steel Market Absolute $ Opportunity

5. Global Raw Steel Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Raw Steel Market Size and Volume Forecast by Type
      5.3.1. Pig Iron as Raw Material
      5.3.2. Scrap Iron as Raw Material
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Raw Steel Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Raw Steel Market Size and Volume Forecast by Application
      6.3.1. Construction
      6.3.2. Transport
      6.3.3. Energy infrastructures
      6.3.4. Packaging
      6.3.5. Appliances and Industry
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Raw Steel Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Raw Steel Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Raw Steel Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Raw Steel Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Raw Steel Demand Share Forecast, 2019-2026

9. North America Raw Steel Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Raw Steel Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Raw Steel Market Size and Volume Forecast by Application
      9.4.1. Construction
      9.4.2. Transport
      9.4.3. Energy infrastructures
      9.4.4. Packaging
      9.4.5. Appliances and Industry
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Raw Steel Market Size and Volume Forecast by Type
      9.7.1. Pig Iron as Raw Material
      9.7.2. Scrap Iron as Raw Material
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Raw Steel Demand Share Forecast, 2019-2026

10. Latin America Raw Steel Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Raw Steel Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Raw Steel Market Size and Volume Forecast by Application
      10.4.1. Construction
      10.4.2. Transport
      10.4.3. Energy infrastructures
      10.4.4. Packaging
      10.4.5. Appliances and Industry
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Raw Steel Market Size and Volume Forecast by Type
      10.7.1. Pig Iron as Raw Material
      10.7.2. Scrap Iron as Raw Material
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Raw Steel Demand Share Forecast, 2019-2026

11. Europe Raw Steel Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Raw Steel Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Raw Steel Market Size and Volume Forecast by Application
      11.4.1. Construction
      11.4.2. Transport
      11.4.3. Energy infrastructures
      11.4.4. Packaging
      11.4.5. Appliances and Industry
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Raw Steel Market Size and Volume Forecast by Type
      11.7.1. Pig Iron as Raw Material
      11.7.2. Scrap Iron as Raw Material
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potentil Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Raw Steel Demand Share, 2019-2026

12. Asia Pacific Raw Steel Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Raw Steel Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Raw Steel Market Size and Volume Forecast by Application
      12.4.1. Construction
      12.4.2. Transport
      12.4.3. Energy infrastructures
      12.4.4. Packaging
      12.4.5. Appliances and Industry
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Raw Steel Market Size and Volume Forecast by Type
      12.7.1. Pig Iron as Raw Material
      12.7.2. Scrap Iron as Raw Material
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Raw Steel Demand Share, 2019-2026

13. Middle East & Africa Raw Steel Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Raw Steel Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Raw Steel Market Size and Volume Forecast by Application
      13.4.1. Construction
      13.4.2. Transport
      13.4.3. Energy infrastructures
      13.4.4. Packaging
      13.4.5. Appliances and Industry
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Raw Steel Market Size and Volume Forecast by Type
      13.7.1. Pig Iron as Raw Material
      13.7.2. Scrap Iron as Raw Material
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Raw Steel Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Raw Steel Market: Market Share Analysis
   14.2. Raw Steel Distributors and Customers
   14.3. Raw Steel Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ArcelorMittal
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Hesteel Group
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Nippon Steel & Sumitomo Metal
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. POSCO
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Baosteel Group
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Jiangsu Shagang
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Ansteel Group
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. JFE
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Shougang
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Tata Steel
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Wuhan Iron and Steel Corporation
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Shandong Iron and Steel Group
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Hyundai Steel
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Nucor Corporation
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Maanshan Iron and Steel Company
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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