| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 235.24 Billion |
| Market Size (2030) | USD 323.67 Billion |
| CAGR (2025 - 2030) | 6.59 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Global Steel Sections Market Analysis
The Global Steel Sections Market size is estimated at USD 235.24 billion in 2025, and is expected to reach USD 323.67 billion by 2030, at a CAGR of 6.59% during the forecast period (2025-2030).
The global steel industry continues to undergo significant transformation amid changing market dynamics and environmental considerations. China remains the dominant force in global steel production, accounting for 943 million metric tons or 54% of the world's total production in 2022, while the overall global steel output experienced a 4.3% decline to 1.83 billion tons. The industry faces mounting pressure to reduce carbon emissions, with many manufacturers investing in green steel fabrication technologies and sustainable production methods. This shift is exemplified by Mercedes-Benz's June 2023 agreement with H2 Green Steel to supply approximately 50,000 tonnes of CO2-free steel annually, marking a significant step toward sustainable steel production.
European steelmakers are adapting to challenging market conditions through strategic operational adjustments and technological innovations. In 2022, manufacturers temporarily halted approximately 14-15 million tons of annual capacity due to rising energy costs and market volatility. However, the industry shows signs of recovery, as evidenced by ArcelorMittal's plans to resume operations at blast furnace №2 in France in April 2023. The European Investment Bank's recent EUR 350 million loan to Italian steelmaker Danieli for developing innovative recycled steel production technologies further demonstrates the region's commitment to modernizing its steel infrastructure.
The industry is witnessing substantial investments in sustainable technologies and production methods. In May 2023, NZ Steel secured a USD 140 million government investment to improve steel fabrication methods, aiming to reduce carbon emissions by approximately 800,000 tonnes annually. These investments reflect the broader industry trend toward environmentally conscious production methods and the increasing importance of meeting stringent environmental regulations while maintaining competitive advantages in the global market.
The steel sections market is experiencing significant technological advancements in manufacturing processes and product development. Steel exports from China reached USD 77.26 billion in 2022, indicating strong global demand despite market challenges. The industry is increasingly focusing on developing high-strength, lightweight structural steel sections that offer improved performance characteristics while reducing material usage. This evolution is particularly evident in the construction and infrastructure sectors, where advanced steel construction products are enabling more efficient and sustainable building designs while meeting increasingly stringent safety and environmental requirements.
Global Steel Sections Market Trends
Infrastructure Development and Construction Activities
The global construction and infrastructure development sector continues to be a primary driver for steel construction products demand, with numerous mega-projects being initiated across regions. In Saudi Arabia alone, infrastructure initiatives worth USD 9.3 billion have been announced in 2022, demonstrating the massive scale of construction activities driving steel section requirements. The construction industry has shown remarkable resilience, with construction output value in China reaching 31.2 trillion yuan in 2022, highlighting the sustained momentum in infrastructure development. These large-scale projects, particularly in commercial and residential construction, require substantial quantities of structural steel sections for their foundational and structural components.
The implementation of government infrastructure stimulus packages and urbanization initiatives has further accelerated the demand for steel fabrication. For instance, the United States Infrastructure Investment and Jobs Act, which includes USD 110 billion of incremental funding for roads and bridges, represents a significant driver for steel section consumption. Additionally, the growing trend toward prefabricated and modular construction methods has increased the utilization of steel columns and steel girders, as they offer superior strength-to-weight ratios and faster construction timelines. The development of smart cities, transportation infrastructure, and commercial complexes continues to fuel the demand for various steel section profiles, including H-beams, I-beams, and channels.
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Growing Automotive and Manufacturing Sectors
The automotive and manufacturing sectors have emerged as crucial drivers for steel section demand, with increasing requirements for specialized steel construction products in vehicle production and industrial applications. According to industry data, the automotive sector's steel demand has shown signs of recovery in 2023, particularly as supply chain issues, including component shortages for semiconductors, begin to abate. The transition toward electric vehicles has created new opportunities for steel fabrication manufacturers, as these vehicles require specific structural components to accommodate battery systems and ensure optimal safety standards.
The manufacturing sector's evolution, particularly in advanced economies, has led to increased demand for steel sections in factory construction, equipment support structures, and industrial infrastructure. In September 2022, the Chinese government announced a development plan to accelerate the digitalization and automation of the local manufacturing industry, with the intelligent manufacturing equipment industry reaching almost CNY 3 trillion. This industrial transformation has created substantial demand for steel sections in the construction of modern manufacturing facilities, automated production lines, and industrial equipment support structures. The trend toward reshoring manufacturing operations in various regions has further stimulated the need for new industrial facility construction, driving steel section consumption.
Rising Energy and Power Infrastructure
The global transition toward renewable energy and the modernization of power infrastructure has created substantial demand for steel sections across various energy projects. The Inflation Reduction Act's approval has provided a significant boost to energy infrastructure development, with USD 369 billion allocated for climate investments, including the expansion of solar panels, wind turbines, and energy storage facilities. Industry estimates indicate that 35 to 45 tonnes of steel are required for every additional megawatt of solar energy installed, while 120 to 180 tonnes of steel are needed for every new megawatt of wind energy capacity.
The development of traditional power infrastructure alongside renewable energy projects continues to drive steel section demand. Power generation facilities, transmission networks, and distribution infrastructure require substantial quantities of structural steel for their construction and maintenance. The energy sector's transformation has also led to increased demand for specialized steel sections in applications such as offshore wind platforms, solar mounting structures, and power plant frameworks. The integration of new energy technologies and the expansion of power generation capacity across regions have created sustained demand for various steel section profiles, particularly in supporting structures and equipment foundations.
Technological Advancements in Steel Production
The steel industry's technological evolution has significantly improved the production capabilities and quality of steel sections, driving their adoption across various applications. Advanced manufacturing processes, including electric arc furnace (EAF) technology and continuous casting methods, have enhanced the production efficiency and quality consistency of steel sections. For instance, in December 2022, the European Investment Bank provided a EUR 350 million loan to assist the development of innovative technologies for producing recycled steel in Italy and Croatia, demonstrating the industry's commitment to technological advancement and sustainable production methods.
The integration of digital technologies and automation in steel production has led to improved product quality and customization capabilities, making steel sections more attractive for complex architectural and engineering applications. The development of high-strength steel grades and specialized coating technologies has expanded the potential applications of steel sections, particularly in demanding environments and specialized structures. Furthermore, the industry's focus on sustainable production methods, including green steel initiatives and carbon reduction technologies, has driven innovation in manufacturing processes. These technological advancements have not only improved product quality but also enhanced the cost-effectiveness and environmental sustainability of steel section production, making them more competitive against alternative construction materials.
Segment Analysis: By Product Type
Rebar Segment in Global Steel Sections Market
The rebar segment continues to dominate the global steel sections market, commanding approximately 46% of the total market share in 2024. This significant market position is driven by the extensive use of rebar in construction and infrastructure development projects worldwide. Rebar's crucial role in reinforced concrete structures, from residential buildings to major infrastructure projects like bridges, highways, and commercial complexes, maintains its market leadership. The segment's strength is further bolstered by ongoing urbanization trends, particularly in developing economies, where large-scale construction activities require substantial quantities of reinforcement bars. The versatility of rebar products, including various grades and specifications to meet different construction requirements, along with their essential role in ensuring structural integrity and seismic resistance, continues to drive their widespread adoption across the construction industry.
High Structural Steel Segment in Global Steel Sections Market
The high structural steel segment is emerging as the fastest-growing category in the global steel sections market, with projections indicating robust growth through 2024-2029. This accelerated growth is primarily attributed to the increasing demand for high-strength steel in complex architectural designs and large-scale infrastructure projects. The segment's expansion is driven by technological advancements in steel manufacturing processes, enabling the production of stronger and more durable structural steel products. The growing emphasis on sustainable construction practices and the superior strength-to-weight ratio of high structural steel are key factors propelling its adoption. Additionally, the segment benefits from increasing investments in smart cities, industrial facilities, and commercial complexes that require high-performance structural materials to meet stringent safety and durability requirements.
Remaining Segments in Product Type Segmentation
The low structural steel segment plays a vital complementary role in the global steel sections market, offering cost-effective solutions for various construction applications. This segment caters to projects where moderate strength requirements are sufficient, making it particularly popular in residential construction and small to medium-scale commercial projects. Low structural steel products are valued for their versatility and ease of fabrication, making them suitable for a wide range of applications including light industrial structures, warehouses, and agricultural buildings. The segment maintains its relevance through continuous improvements in manufacturing processes and the development of new applications, particularly in emerging markets where cost-effectiveness is a crucial factor in construction material selection.
Segment Analysis: By End-User Industry
Construction Segment in Global Steel Sections Market
The construction segment continues to dominate the global steel sections market, holding approximately 35% market share in 2024. This significant market position is driven by extensive infrastructure development projects worldwide, particularly in emerging economies. The segment's growth is supported by increasing urbanization, government investments in public infrastructure, and the rising adoption of steel-based construction methods. The construction sector's demand for steel sections is particularly strong in commercial and infrastructure projects, where steel's structural advantages like high strength-to-weight ratio, durability, and design flexibility make it an ideal choice. Additionally, the growing trend toward sustainable construction practices has further boosted the use of steel sections, as they offer recyclability and energy efficiency benefits.
Aerospace & Automotive Segment in Global Steel Sections Market
The aerospace and automotive segment is emerging as the fastest-growing sector in the steel sections market, with a projected growth rate of approximately 5% from 2024 to 2029. This robust growth is primarily driven by the increasing adoption of advanced high-strength steel in vehicle manufacturing to meet stringent emission standards and safety requirements. The aerospace industry's demand for specialized steel sections is rising due to the expansion of commercial aviation and space exploration activities. Technological advancements in steel manufacturing processes have enabled the development of lighter, stronger materials that meet the specific requirements of both industries. The segment is also benefiting from the global shift toward electric vehicles, which require specialized steel components for battery enclosures and structural reinforcements.
Remaining Segments in End-User Industry
The other segments in the steel sections market, including residential, manufacturing, power & utilities, and oil & gas, each play crucial roles in driving market growth. The residential sector continues to be a significant consumer of steel sections, particularly in multi-story housing projects and prefabricated construction. The manufacturing segment utilizes steel sections extensively in industrial infrastructure and equipment fabrication. The power and utilities sector demands steel sections for transmission towers, renewable energy infrastructure, and plant construction. The oil and gas industry requires specialized steel sections for drilling platforms, pipelines, and processing facilities. These segments collectively contribute to the market's diversity and stability, with each serving specific industrial requirements and contributing to overall market dynamics.
Global Steel Sections Market Geography Segment Analysis
Steel Sections Market in Asia-Pacific
The Asia-Pacific region dominates the global steel sections market, driven by rapid industrialization and infrastructure development across major economies. China leads the regional market with its massive construction and manufacturing sectors, followed by India, which is experiencing strong growth in urban development and infrastructure projects. Japan and South Korea maintain significant market positions through their advanced manufacturing capabilities and technological innovation in steel production. The region's growth is further supported by increasing investments in residential construction, transportation infrastructure, and industrial development projects across emerging economies.
Steel Sections Market in China
China maintains its position as the dominant force in the Asia-Pacific steel sections market, leveraging its extensive manufacturing capabilities and robust domestic demand. The country's steel industry benefits from strong government support and continued investments in infrastructure development through initiatives like urbanization projects and industrial modernization programs. China's steel production capacity and technological advancement in steel manufacturing have established it as a global leader. In 2024, China is expected to account for approximately 71% of the Asia-Pacific steel sections market. The country's steel industry continues to evolve with a focus on environmental sustainability and production efficiency improvements.
Steel Sections Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, driven by ambitious infrastructure development plans and rapid urbanization. The country's steel sections market is experiencing significant expansion through government initiatives like the Smart Cities Mission and major infrastructure development programs. With a projected growth rate of approximately 7% from 2024 to 2029, India's market is benefiting from increasing domestic steel production capacity and growing demand from the construction and manufacturing sectors. The country's focus on self-reliance in steel production and technological advancement in manufacturing processes is further strengthening its position in the regional market.
Steel Sections Market in North America
The North American steel sections market demonstrates strong growth potential, supported by infrastructure renewal initiatives and industrial development across the region. The United States leads the market with its extensive industrial base and construction sector, while Mexico shows promising growth potential through increasing industrial investments and infrastructure development. Canada maintains a stable market position with its focus on sustainable construction practices and infrastructure modernization. The region's market is characterized by technological advancement in steel production and an increasing emphasis on sustainable manufacturing practices.
Steel Sections Market in United States
The United States maintains its leadership position in the North American steel sections market through its robust industrial infrastructure and technological capabilities. The country's market benefits from ongoing infrastructure development projects and industrial modernization initiatives. In 2024, the United States is expected to account for approximately 71% of the North American steel sections market. The nation's focus on domestic steel production and implementation of advanced manufacturing technologies continues to strengthen its market position.
Steel Sections Market in Mexico
Mexico emerges as the fastest-growing market in North America, driven by increasing industrial investments and infrastructure development projects. With a projected growth rate of approximately 6% from 2024 to 2029, Mexico's steel sections market is benefiting from growing automotive sector investments and expanding manufacturing capabilities. The country's strategic geographical location and trade agreements are attracting significant industrial investments, further driving market growth. Mexico's focus on modernizing its steel production capabilities and expanding its industrial base continues to strengthen its position in the regional market.
Steel Sections Market in Europe
The European steel sections market demonstrates resilience through its focus on technological innovation and sustainable production practices. Germany leads the regional market with its advanced manufacturing capabilities and strong industrial base, while Italy shows the highest growth potential among major European economies. The United Kingdom and France maintain significant market positions through their infrastructure development initiatives and industrial applications. The region's market is characterized by an increasing emphasis on environmental sustainability and technological advancement in steel production.
Steel Sections Market in Germany
Germany maintains its position as the largest steel sections market in Europe, supported by its advanced manufacturing sector and robust industrial infrastructure. The country's market benefits from strong automotive and machinery manufacturing sectors, along with ongoing infrastructure development projects. The nation's focus on technological innovation and Industry 4.0 initiatives continues to drive market growth, while its emphasis on sustainable production practices sets industry standards across Europe.
Steel Sections Market in Italy
Italy emerges as the fastest-growing major market in Europe, driven by infrastructure modernization initiatives and industrial sector development. The country's steel sections market benefits from increasing construction activities and growing industrial applications. Italy's focus on technological advancement in steel production and expanding manufacturing capabilities continues to strengthen its market position, while its strategic location facilitates trade across the Mediterranean region.
Steel Sections Market in Latin America
The Latin American steel sections market shows promising growth potential, driven by infrastructure development initiatives and industrial expansion across the region. Brazil emerges as the largest market in the region, benefiting from its extensive industrial base and construction sector development. Argentina demonstrates the fastest growth potential, supported by infrastructure modernization projects and industrial sector investments. The region's market development is characterized by an increasing focus on domestic steel production capabilities and growing industrial applications.
Steel Sections Market in Middle East & Africa
The Middle East & Africa region exhibits strong growth potential in the steel sections market, driven by extensive infrastructure development projects and industrial expansion initiatives. Saudi Arabia emerges as the largest market in the region, supported by ambitious infrastructure development plans and industrial diversification initiatives. South Africa demonstrates the fastest growth potential, benefiting from mining sector development and infrastructure modernization projects. The region's market is characterized by increasing investments in construction projects and a growing focus on developing domestic steel production capabilities.
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Global Steel Sections Industry Overview
Top Companies in Steel Sections Market
The global steel sections market features prominent players like Tata Steel, Vallourec, ArcelorMittal, POSCO Holdings, Nippon Steel, and Nucor Corporation leading the industry through continuous innovation and strategic expansion. Companies are increasingly focusing on technological advancements in production processes, particularly in automation and computer-assisted design capabilities, to enhance both productivity and product quality. The industry witnesses ongoing investments in research and development to develop advanced high-strength steel sections that offer improved performance while reducing overall weight and environmental impact. Market leaders are strengthening their positions through vertical integration strategies, establishing control over raw material sources and distribution networks. Additionally, companies are expanding their geographical presence through strategic partnerships and collaborations, particularly in emerging markets, while simultaneously developing specialized products for specific end-user industries like construction, automotive, and aerospace.
Fragmented Market with Regional Strong Players
The steel fabrication market exhibits a fragmented structure characterized by the presence of both global conglomerates and regional specialists operating across different geographical regions. The market features a mix of fully integrated steel manufacturers who control their entire supply chain from raw material extraction to final product distribution, and semi-integrated players who focus on specific segments of the value chain. The competitive landscape is particularly intense at regional levels, where local players leverage their understanding of market-specific requirements and established distribution networks to maintain strong market positions.
The industry is witnessing a gradual trend toward consolidation through mergers and acquisitions, particularly as companies seek to achieve economies of scale and expand their geographical footprint. Major steel producers are increasingly acquiring smaller, specialized manufacturers to diversify their product portfolios and gain access to new technologies and markets. The market also sees strategic partnerships between companies to share technological expertise and distribution networks, particularly in emerging markets where local knowledge and presence are crucial for success.
Innovation and Sustainability Drive Future Success
Success in the steel fabrication industry increasingly depends on companies' ability to innovate while maintaining cost competitiveness and meeting sustainability requirements. Incumbent players are focusing on developing proprietary technologies and processes to differentiate their products and create barriers to entry. Companies are investing in digital technologies like IoT and AI to optimize production processes and improve operational efficiency. The ability to offer customized solutions while maintaining scale economies has become crucial, as has the development of sustainable production methods to meet growing environmental regulations and customer preferences.
For contenders looking to gain market share, the focus needs to be on identifying and serving niche markets where larger players may have less presence. Success factors include developing specialized products for specific applications, building strong relationships with key end-users, and establishing efficient distribution networks. The industry faces moderate substitution risk from alternative materials like aluminum and composites, particularly in specific applications where weight reduction is crucial. Regulatory requirements, particularly regarding environmental impact and carbon emissions, are becoming increasingly important factors in determining market success, making investments in green technologies and sustainable practices essential for long-term competitiveness.
Global Steel Sections Market Leaders
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Tata Steel
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Vallourec
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Yuantai Derun Group
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Anyang Steel Group
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Youfa Steel Pipe Group
- *Disclaimer: Major Players sorted in no particular order
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Global Steel Sections Market News
- April 2023: Tata Steel signed a business cooperation agreement with A&B Global Mining Pvt. Ltd (ABGM) to develop new business opportunities. It aims to focus on delivering mine technical services in areas like exploration, resource evaluation, mine planning and scheduling, digitalization, owner engineering, and project management. It also aims to provide clean/hybrid energy solutions while conducting pre-feasibility and bankable feasibility studies, investment thesis, and due diligence. ABGM also plans to collaborate with Tata Steel to deliver competitive integrated business solutions to the worldwide mining industry.
- January 2023: Vallourec signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services, representing a volume above 110 kiloton of products and accessories.
Global Steel Sections Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
- 2.1 Analysis Methodology
- 2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS DYNAMICS
- 4.1 Current Market Scenario
- 4.2 Market Overview
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4.3 Market Dynamics
- 4.3.1 Drivers
- 4.3.2 Restraints
- 4.3.3 Opportunities
- 4.4 Value Chain/Supply Chain Analysis
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4.5 Porter's Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Technological Advancements in Steel Sections
- 4.7 Insights on Production and Demand for Different Steel Sections
- 4.8 Pricing Analysis of the Steel Sections Market
- 4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 Heavy Structural Steel
- 5.1.2 Light Structural Steel
- 5.1.3 Rebar
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5.2 By End-user Industry
- 5.2.1 Residential
- 5.2.2 Manufacturing
- 5.2.3 Aerospace and Automotive
- 5.2.4 Power and Utilities
- 5.2.5 Construction
- 5.2.6 Oil and Gas
- 5.2.7 Other End-user Industries
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5.3 By Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 Latin America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of Latin America
- 5.3.5 Middle East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Overview
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6.2 Company Profiles
- 6.2.1 Tata Steel
- 6.2.2 Vallourec
- 6.2.3 Yuantai Derun Group
- 6.2.4 Anyang Steel Group
- 6.2.5 Youfa Steel Pipe Group
- 6.2.6 ArcelorMittal SA
- 6.2.7 POSCO Holdings Inc.
- 6.2.8 Baoshan Iron & Steel Co. Ltd
- 6.2.9 Nippon Steel Corp.
- 6.2.10 Nucor Corp.
- 6.2.11 Ansteel Group
- 6.2.12 Hyundai Steel*
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. APPENDIX
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Global Steel Sections Industry Segmentation
Steel sections are long steel products used in a variety of industrial applications, such as infrastructure and construction, electricity, industrial machinery, and rail. They provide stability and strength to the structure. Rebars, wire rods, tubes, hot rolled plates, and walls are all examples of long steel goods.
The report covers a complete background analysis of the steel sections market, including the assessment of the economy and contribution of sectors to the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, geographical trends, and COVID-19 impact. The market is segmented by product type (heavy structural steel, light structural steel, and rebar), end-user industry (residential, manufacturing, aerospace and automotive, power and utilities, construction, oil and gas, and other end-user industries), and geography (Asia-Pacific, North America, Europe, Latin America, and Middle East and Africa). The report offers the market size and forecasts in value (USD) for all the above segments.
| By Product Type | Heavy Structural Steel | ||
| Light Structural Steel | |||
| Rebar | |||
| By End-user Industry | Residential | ||
| Manufacturing | |||
| Aerospace and Automotive | |||
| Power and Utilities | |||
| Construction | |||
| Oil and Gas | |||
| Other End-user Industries | |||
| By Geography | Asia-Pacific | China | |
| India | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| North America | United States | ||
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| Italy | |||
| France | |||
| Rest of Europe | |||
| Latin America | Brazil | ||
| Argentina | |||
| Rest of Latin America | |||
| Middle East and Africa | Saudi Arabia | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
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Global Steel Sections Market Research FAQs
How big is the Global Steel Sections Market?
The Global Steel Sections Market size is expected to reach USD 235.24 billion in 2025 and grow at a CAGR of 6.59% to reach USD 323.67 billion by 2030.
What is the current Global Steel Sections Market size?
In 2025, the Global Steel Sections Market size is expected to reach USD 235.24 billion.
Who are the key players in Global Steel Sections Market?
Tata Steel, Vallourec, Yuantai Derun Group, Anyang Steel Group and Youfa Steel Pipe Group are the major companies operating in the Global Steel Sections Market.
Which is the fastest growing region in Global Steel Sections Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Global Steel Sections Market?
In 2025, the Asia-Pacific accounts for the largest market share in Global Steel Sections Market.
What years does this Global Steel Sections Market cover, and what was the market size in 2024?
In 2024, the Global Steel Sections Market size was estimated at USD 219.74 billion. The report covers the Global Steel Sections Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Steel Sections Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Global Steel Sections Market Research
Mordor Intelligence offers a comprehensive analysis of the steel fabrication industry, drawing on decades of expertise in industrial research. Our extensive report covers the full range of structural steel products, including steel sections, steel profiles, and steel shapes. The analysis includes various components such as steel angles, steel channels, steel columns, steel girders, and steel trusses. It provides detailed insights into both hot rolled steel sections and cold formed steel sections. The report PDF is available for download, offering an in-depth examination of steel construction products and structural metal products.
Our research provides valuable insights for stakeholders across the structural steel industry. This includes manufacturers of steel hollow sections and steel tube sections, as well as providers of steel fabrication services. The report thoroughly analyzes light steel sections, steel joists, and various construction steel applications. It offers strategic intelligence for business planning. The comprehensive coverage of the structural steel market includes detailed analysis of steel structural shapes and emerging trends in the industry. This provides stakeholders with actionable insights for informed decision-making in the evolving market for steel fabrication.
