What is the size of the Global Flat Steel Market?

The Global Flat Steel Market was valued at USD 527 billion in 2023 and is expected to reach USD 675 billion by 2030, growing at a CAGR of 3.6% from 2024 to 2030.

What are the Global Flat Steel Market drivers?

The market is driven by the rising demand from the construction sector, the expansion of the automotive industry, and technological advancements in steel production processes.

What are the segments under the Global Flat Steel Market?

The market is segmented by type into hot-rolled steel, cold-rolled steel, and coated steel. It is also segmented by application into construction, automotive, machinery, energy, and others.

Which is the most dominant region for the Global Flat Steel Market?

Asia-Pacific is the most dominant region due to its rapid industrialization, urbanization, and infrastructure development.

Who are the leading players in the Global Flat Steel Market?

Leading players in the market include ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation, POSCO, Tata Steel, China Baowu Steel Group Corporation Limited, JFE Steel Corporation, Nucor Corporation, Hyundai Steel Company, United States Steel Corporation, and thyssenkrupp AG.