Flat Steel Market Size, Share, and Trends 2025 to 2034

The global flat steel market is projected to grow from USD 580.58 billion in 2024 to USD 914.60 billion by 2034, expanding at a CAGR of 4.65%. Growth is fueled by infrastructure investments, booming construction and automotive sectors, and rising demand from energy and e-commerce warehousing applications. Asia Pacific leads the market with over 61% revenue share.

Last Updated : June 2025  |  Report Code : 3663  |  Category : Chemical and Material  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Flat Steel Market 

5.1. COVID-19 Landscape: Flat Steel Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Flat Steel Market, By Type

8.1. Flat Steel Market Revenue and Volume, by Type

8.1.1. Hot Rolled Coil (HRC)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Cold Rolled Coil (CRC)

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Sheets

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Others

8.1.4.1. Market Revenue and Volume Forecast

Chapter 9. Global Flat Steel Market, By Application

9.1. Flat Steel Market Revenue and Volume, by Application

9.1.1. Construction

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Automotive & Transportation

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Mechanical Equipment

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Energy

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Packaging

9.1.5.1. Market Revenue and Volume Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast

Chapter 10. Global Flat Steel Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Type

10.1.2. Market Revenue and Volume Forecast, by Application

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Type

10.1.3.2. Market Revenue and Volume Forecast, by Application

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Type

10.1.4.2. Market Revenue and Volume Forecast, by Application

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Type

10.2.2. Market Revenue and Volume Forecast, by Application

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Type

10.2.3.2. Market Revenue and Volume Forecast, by Application

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Type

10.2.4.2. Market Revenue and Volume Forecast, by Application

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Type

10.2.5.2. Market Revenue and Volume Forecast, by Application

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Type

10.2.6.2. Market Revenue and Volume Forecast, by Application

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Type

10.3.2. Market Revenue and Volume Forecast, by Application

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Type

10.3.3.2. Market Revenue and Volume Forecast, by Application

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Type

10.3.4.2. Market Revenue and Volume Forecast, by Application

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Type

10.3.5.2. Market Revenue and Volume Forecast, by Application

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Type

10.3.6.2. Market Revenue and Volume Forecast, by Application

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Type

10.4.2. Market Revenue and Volume Forecast, by Application

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Type

10.4.3.2. Market Revenue and Volume Forecast, by Application

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Type

10.4.4.2. Market Revenue and Volume Forecast, by Application

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Type

10.4.5.2. Market Revenue and Volume Forecast, by Application

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Type

10.4.6.2. Market Revenue and Volume Forecast, by Application

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Type

10.5.2. Market Revenue and Volume Forecast, by Application

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Type

10.5.3.2. Market Revenue and Volume Forecast, by Application

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Type

10.5.4.2. Market Revenue and Volume Forecast, by Application

Chapter 11. Company Profiles

11.1. ArcelorMittal

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Nippon Steel Corporation

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. POSCO

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Tata Steel Limited

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Baosteel Group Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. ThyssenKrupp AG

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. JFE Steel Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Voestalpine AG

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. United States Steel Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. SSAB AB

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global flat steel market size is expected to increase USD 914.60 billion by 2034 from USD 580.58 billion in 2024.

The global flat steel market will register growth rate of 4.65% between 2025 and 2034.

The major players operating in the flat steel market are ArcelorMittal, Nippon Steel Corporation, POSCO, Tata Steel Limited, Baosteel Group Corporation, ThyssenKrupp AG, JFE Steel Corporation, Voestalpine AG, United States Steel Corporation, SSAB AB, JSW Steel Limited, Severstal, Essar Steel, Hyundai Steel Company, Ansteel Group Corporation, and Others.

The driving factors of the flat steel market are the increasing integration of genomics into healthcare practices fuels the demand and infrastructure investments.

Asia Pacific region will lead the global flat steel market during the forecast period 2025 to 2034.

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