Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Steel Mills Products Market by Type (Billets, Blooms, Rebars, Wire Rod, Sections, Rails, Sheet Piles, Drawn Wires, Others), By Application (Automotive, Infrastructure and Construction, Industrial Manufacturing) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Steel Mills Products Market by Type (Billets, Blooms, Rebars, Wire Rod, Sections, Rails, Sheet Piles, Drawn Wires, Others), By Application (Automotive, Infrastructure and Construction, Industrial Manufacturing) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 135454 3300 Chemical & Material 377 237 Pages 4.8 (49)

Market Overview:

The global steel mills products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel products from the automotive, infrastructure and construction, and industrial manufacturing sectors. In terms of type, billets are expected to lead the global steel mills products market with a share of more than 30%. Billets are followed by blooms, rebars, wire rod, sections, rails, sheet piles drawn wires and others in terms of revenue share. Drawn wires are projected to grow at the highest CAGR during the forecast period owing to their growing demand from various end-use industries such as automotive and construction.

Global Steel Mills Products Industry Outlook

Product Definition:

A steel mill or steelworks is an industrial plant for the manufacture of steel. Steel mills produce large quantities of metal products, typically long products such as bars, rods, rails, beams and angle iron.


Billets is a form of fuel used in steel making. It is basically pig iron that has been heated to a temperature of 1650 degrees Celsius. During the process, impurities are separated and molten metal is poured into an open-ended pipe or mold through which billets can pass continuously without being contaminated by outside materials.


Blooms is a suspension of solid particles in liquid slurry. It is used as an additive to improve the quality and properties of steel products. The product improves the hardness, toughness, strength, anti-corrosion performance and helps in reducing costs during manufacturing process by increasing yield and reducing waste.

Application Insights:

The automotive application segment led the global steel mills products market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for vehicles, especially in emerging economies such as China, India and Brazil. In addition, factors such as low cost land availability along with easy access to water, electricity and other utilities have been contributing toward industrial development across major cities in these countries.

The infrastructure & construction segment accounted for nearly 20% of the overall revenue share in 2017 owing to rising investments from governments across various regions toward developing new infrastructure projects or improving existing infrastructural facilities using steel structures or components manufactured from it.

Regional Analysis:

Asia Pacific dominated the global steel mills products market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing infrastructure spending and automotive production in countries such as China, India, Japan, South Korea, and Taiwan. In addition, rising industrial manufacturing output is anticipated to drive demand for steel mills products over the coming years.

The Asia Pacific was followed by Europe that accounted for a share of more than 20% in terms of volume in 2017 on account of growing construction activities across major economies including Germany and Italy. In addition rebar consumption increased significantly owing to new constructions coupled with repair/renovation projects taking place across numerous buildings especially old ones which require strengthening or renovation work using reinforcing steel bars (rebars).

North America emerged as one of the prominent regional markets for these products on account of growing infrastructure spending along with an increase in energy sector investment particularly oil & gas industry investments mainly from U.S.

Growth Factors:

  • Increasing demand from construction and infrastructure sectors
  • Rising demand for steel in the automotive sector
  • Growing use of steel in the manufacturing sector
  • Rapid urbanization and industrialization across emerging economies
  • Expansion of global trade

Scope Of The Report

Report Attributes

Report Details

Report Title

Steel Mills Products Market Research Report

By Type

Billets, Blooms, Rebars, Wire Rod, Sections, Rails, Sheet Piles, Drawn Wires, Others

By Application

Automotive, Infrastructure and Construction, Industrial Manufacturing

By Companies

ArcelorMittal, Baoshan Iron & Steel, Nippon Steel & Sumitomo Metal, ...

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

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

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

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

Global Steel Mills Products Market Report Segments:

The global Steel Mills Products market is segmented on the basis of:


Billets, Blooms, Rebars, Wire Rod, Sections, Rails, Sheet Piles, Drawn Wires, Others

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.


Automotive, Infrastructure and Construction, Industrial Manufacturing

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. Baoshan Iron & Steel
  3. Nippon Steel & Sumitomo Metal
  4. ...

Global Steel Mills Products Market Overview

Highlights of The Steel Mills Products 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. Billets
    2. Blooms
    3. Rebars
    4. Wire Rod
    5. Sections
    6. Rails
    7. Sheet Piles
    8. Drawn Wires
    9. Others
  1. By Application:

    1. Automotive
    2. Infrastructure and Construction
    3. Industrial Manufacturing
  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 Steel Mills Products 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 Steel Mills Products 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?

Steel mills products are the end result of the steelmaking process. These products can include finished steel, pig iron, and alloyed steels.

Some of the key players operating in the steel mills products market are ArcelorMittal, Baoshan Iron & Steel, Nippon Steel & Sumitomo Metal.

The steel mills products market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Steel Mills Products 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. Steel Mills Products Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Steel Mills Products Market - Supply Chain
   4.5. Global Steel Mills Products Market Forecast
      4.5.1. Steel Mills Products Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Steel Mills Products Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Steel Mills Products Market Absolute $ Opportunity

5. Global Steel Mills Products 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. Steel Mills Products Market Size and Volume Forecast by Type
      5.3.1. Billets
      5.3.2. Blooms
      5.3.3. Rebars
      5.3.4. Wire Rod
      5.3.5. Sections
      5.3.6. Rails
      5.3.7. Sheet Piles
      5.3.8. Drawn Wires
      5.3.9. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Steel Mills Products 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. Steel Mills Products Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Infrastructure and Construction
      6.3.3. Industrial Manufacturing
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Steel Mills Products 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. Steel Mills Products 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 Steel Mills Products 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. Steel Mills Products 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 Steel Mills Products Demand Share Forecast, 2019-2029

9. North America Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Infrastructure and Construction
      9.4.3. Industrial Manufacturing
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Steel Mills Products Market Size and Volume Forecast by Type
      9.7.1. Billets
      9.7.2. Blooms
      9.7.3. Rebars
      9.7.4. Wire Rod
      9.7.5. Sections
      9.7.6. Rails
      9.7.7. Sheet Piles
      9.7.8. Drawn Wires
      9.7.9. Others
   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 Steel Mills Products Demand Share Forecast, 2019-2029

10. Latin America Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Infrastructure and Construction
      10.4.3. Industrial Manufacturing
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Steel Mills Products Market Size and Volume Forecast by Type
      10.7.1. Billets
      10.7.2. Blooms
      10.7.3. Rebars
      10.7.4. Wire Rod
      10.7.5. Sections
      10.7.6. Rails
      10.7.7. Sheet Piles
      10.7.8. Drawn Wires
      10.7.9. Others
   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 Steel Mills Products Demand Share Forecast, 2019-2029

11. Europe Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Infrastructure and Construction
      11.4.3. Industrial Manufacturing
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Steel Mills Products Market Size and Volume Forecast by Type
      11.7.1. Billets
      11.7.2. Blooms
      11.7.3. Rebars
      11.7.4. Wire Rod
      11.7.5. Sections
      11.7.6. Rails
     11.7.7. Sheet Piles
      11.7.8. Drawn Wires
      11.7.9. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential 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 Steel Mills Products Demand Share, 2019-2029

12. Asia Pacific Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Infrastructure and Construction
      12.4.3. Industrial Manufacturing
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Steel Mills Products Market Size and Volume Forecast by Type
      12.7.1. Billets
      12.7.2. Blooms
      12.7.3. Rebars
      12.7.4. Wire Rod
      12.7.5. Sections
      12.7.6. Rails
      12.7.7. Sheet Piles
      12.7.8. Drawn Wires
      12.7.9. Others
   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 Steel Mills Products Demand Share, 2019-2029

13. Middle East & Africa Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Infrastructure and Construction
      13.4.3. Industrial Manufacturing
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Steel Mills Products Market Size and Volume Forecast by Type
      13.7.1. Billets
      13.7.2. Blooms
      13.7.3. Rebars
      13.7.4. Wire Rod
      13.7.5. Sections
      13.7.6. Rails
      13.7.7. Sheet Piles
      13.7.8. Drawn Wires
      13.7.9. Others
   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 Steel Mills Products Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Steel Mills Products Market: Market Share Analysis
   14.2. Steel Mills Products Distributors and Customers
   14.3. Steel Mills Products Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ArcelorMittal Overview Financials Developments Strategic Outlook
      14.4.2. Baoshan Iron & Steel Overview Financials Developments Strategic Outlook
      14.4.3. Nippon Steel & Sumitomo Metal Overview Financials Developments Strategic Outlook
      14.4.4. ... Overview Financials Developments Strategic Outlook
      14.4.5. COMPANY5 Overview Financials Developments Strategic Outlook
      14.4.6. COMPANY6 Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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