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2021
Long Steel Market

Long Steel Market by Process Type (Basic Oxygen Furnace and Electric Arc Furnace), Product Type (Rebar, Wire Rod, Merchant Bar, and Others), and Application (Construction, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12419
Pages: 250
Jul 2021 | 475 Views
   
Author(s) : Priyanka Khandelwal , Onkar Sumant
Tables: 128
Charts: 62
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global long steel market size was valued at $476,213 million in 2020, and is projected to reach $731,934 million by 2030, registering a CAGR of 4.1% from 2021 to 2030. Long steel products, also known as long products in the steel industry, refer to steel products such as wire, rod, rail, and bars, as well as different forms of steel structural sections and girders. Bridge which comes under fabricated structural unit are also known as long steel products. Blooms and billets, from which bars, rods, and structural shapes are rolled are termed as products of long steel. 

The COVID 19 outbreak has affected the growth of the long steel industry owing to the lockdown measure in the countries and delay in manufacturing and production of long steel which are utilized in construction and industrial activities.

Long steel is an important component of the building and construction industry, and its market is expanding as demand from the infrastructure and construction industries grows. Builders and construction organizations are increasingly using it to construct buildings and other infrastructure projects. The long steel industry offers fresh prospects for growth due to new metro rail projects, dedicated freight lanes, and the repair and upgrading of highway and railway bridges. Around the globe, people are preferring major key players to provide long steel for heavy construction purpose. For instance, in December 2020, ArcelorMittal has provided special rebars and thread bars Krybar to Kuwait for its new liquified natural gas terminal.  Similarly, capital goods, aircraft, and railroads are among the other industries that have adopted long steel products, fueling the demand for the long steel products in the market. Some long steels, such as merchant bars and special sections, are utilized in body constructions in the automobile sector, whereas wire rode is used in tires. Hence, rise in heavy construction and automotive sectors is projected to have a positive impact on the long steel market growth. 

Long-Steel-Market--2021-2030

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The novel coronavirus has rapidly spread across various countries and regions, causing enormous impact on lives of people and overall community. Originating as a crisis to human health, it now poses significant threat to worldwide trade, economy, and finance. The continuous lockdown in key global countries due to the COVID-19 pandemic has halted production of many items in the long steel business. Market players can afford a complete lockdown only for a limited period, after which they would have to alter their investment plans. Furthermore, number of COVID-19 cases are expected to reduce in the near term as vaccine for COVID-19 has been introduced in the market. This is further expected to lead to re-initiation of long steel companies at their full-scale capacities, which would aid the market to recover by the start of 2022.

After COVID-19 infection instances start to decline, equipment and machinery producers must focus on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working. 

Rails and other structural steel products are used in a variety of sectors, and the long steel market share is growing due to the development of lines and routes, as well as the necessity for rapid maintenance and replacement. Structural steel railings offer a higher tensile strength than other materials, as well as stronger corrosion resistance and weather resistance, making them ideal for heavy construction applications.

Furthermore, various key players are building their product portfolio by launching long steel structural materials to provide high strength in the construction sector. For instance, in January 2021, Baowu Steel Group has launched high strength bridge steel HiBriTM 690qE, which possesses higher strength, low-temperature toughness, weldability, and seismic resistance to bridge structure. Hence, growth in infrastructure and urbanization is anticipated to provide opportunity for the growth of the long steel market.

Long Steel Market
By Product Type

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Wire rod segment is projected to grow at a significant CAGR

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Furthermore, due to growth of the construction sector and urbanization sectors, companies are getting opportunities to manufacture long steel and are expanding its business to increase the production and manufacturing of long steel. For instance, in February 2021, Nucor Corporation has built a TrueCore manufacturing facility in Brigham City, Utah, which will manufacture insulated wall and roof panels and is expected to be operational in year 2022.

The long steel market  is segmented on the basis of process, product type, application, and region. By process, the market is divided into basic oxygen furnace and electric arc furnace. By product type, it is segmented into rebar, wire rod, merchant bar, and others. By application, it is divided into construction, industrial, and others.

Long Steel Market
By Application

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Construction segment holds dominant position in 2020

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Region wise, the long steel market  analysis is conducted across the North America (U.S., Canada, and Mexico), Europe (Germany, Russia, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis

Key companies profiled in the long steel market report include Arcelor Mittal, Baowu Steel Group Corporation Limited, Gerdau S.A., HeSteel Group Company Limited, Hyundai Steel Co., Ltd, Nippon Steel Corporation, Nucor Corporation, POSCO Corporation, Ternium S.A., and Votorantim S.A.

Long Steel Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and is expected to grow at a significant rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging long steel market trends and dynamics.  
  • In-depth emerging long steel market analysis is conducted by constructing market estimations for key market segments between 2020 and 2030. 
  • Extensive analysis of the emerging is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global emerging long steel market forecast analysis from 2021 to 2030 is included in the report.
  • The key players within emerging long steel industry are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the emerging long steel industry. 

Key Segments

By Process

  • Basic Oxygen Furnace
  • Electric Arc Furnace

By Product Type

  • Rebar
  • Wire Rod
  • Merchant Bar
  • Others

By Application

  • Construction
  • Industrial
  • Others 

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Market player positioning, 2020
3.4.Porter's five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Rise in number of industrial infrastructure projects in developing countries
3.5.1.2.Increase in residential construction activities around the globe
3.5.1.3.Recovery in the non-residential construction industry

3.5.2.Restraint

3.5.2.1.Fluctuations in price of raw material

3.5.3.Opportunities

3.5.3.1.Increase in focus on public–private partnerships in emerging countries
3.5.3.2.High growth potential in emerging economies

3.6.COVID-19 impact analysis

CHAPTER 4:LONG STEEL MARKET, BY PROCESS

4.1.Overview

4.1.1.Market size and forecast, by process

4.2.Basic oxygen furnace

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by country

4.3.Electric arc furnace

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market size and forecast, by country

CHAPTER 5:LONG STEEL MARKET, BY PRODUCT TYPE

5.1.Overview

5.1.1.Market size and forecast, by product type

5.2.Rebar

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market size and forecast, by country

5.3.Wire rod

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market size and forecast, by country

5.4.Merchant bar

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market size and forecast, by country

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market size and forecast, by country

CHAPTER 6:LONG STEEL MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast, by application

6.2.Construction

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market size and forecast, by product type
6.2.4.Market size and forecast, by country

6.3.Industrial

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.  Market size and forecast, by product type
6.3.4.Market size and forecast, by country

6.4.Others

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market size and forecast, by product type
6.4.4.Market size and forecast, by country

CHAPTER 7:LONG STEEL MARKET, BY REGION

7.1.Market overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.North America market size and forecast, by process
7.2.3.North America market size and forecast, by product type
7.2.4.North America market size and forecast, by application

7.2.4.1.Market size and forecast, by product type

7.2.5.North America market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.U.S. market size and forecast, by process
7.2.5.1.2.U.S. market size and forecast, by product type
7.2.5.1.3.U.S. market size and forecast, by application

7.2.5.2.Canada

7.2.5.2.1.Canada market size and forecast, by process
7.2.5.2.2.Canada market size and forecast, by product type
7.2.5.2.3.Canada market size and forecast, by application

7.2.5.3.Mexico

7.2.5.3.1.Mexico market size and forecast, by process
7.2.5.3.2.Mexico market size and forecast, by product type
7.2.5.3.3.Mexico market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Europe market size and forecast, by process
7.3.3.Europe market size and forecast, by product type
7.3.4.Europe market size and forecast, by application

7.3.4.1.Market size and forecast, by product type

7.3.5.Europe market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Germany market size and forecast, by process
7.3.5.1.2.Germany market size and forecast, by product type
7.3.5.1.3.Germany market size and forecast, by application

7.3.5.2.France

7.3.5.2.1.France market size and forecast, by process
7.3.5.2.2.France market size and forecast, by product type
7.3.5.2.3.France market size and forecast, by application

7.3.5.2.4.Italy

7.3.5.2.5.Italy market size and forecast, by process
7.3.5.2.6.Italy market size and forecast, by product type
7.3.5.2.7.Italy market size and forecast, by application

7.3.5.3.Russia

7.3.5.3.1.Russia market size and forecast, by process
7.3.5.3.2.Russia market size and forecast, by product type
7.3.5.3.3.Russia market size and forecast, by application

7.3.5.4.Rest of Europe

7.3.5.4.1.Rest of Europe market size and forecast, by process
7.3.5.4.2.Rest of Europe market size and forecast, by product type
7.3.5.4.3.Rest of Europe market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Asia-Pacific market size and forecast, by process
7.4.3.Asia-Pacific market size and forecast, by product type
7.4.4.Asia-Pacific market size and forecast, by application

7.4.4.1.Market size and forecast, by product type

7.4.5.Asia-Pacific market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.China market size and forecast, by process
7.4.5.1.2.China market size and forecast, by product type
7.4.5.1.3.China market size and forecast, by application

7.4.5.2.Japan

7.4.5.2.1.Japan market size and forecast, by process
7.4.5.2.2.Japan market size and forecast, by product type
7.4.5.2.3.Japan market size and forecast, by application

7.4.5.3.India

7.4.5.3.1.India market size and forecast, by process
7.4.5.3.2.India market size and forecast, by product type
7.4.5.3.3.India market size and forecast, by application

7.4.5.4.Rest of Asia-Pacific

7.4.5.4.1.Rest of Asia-Pacific market size and forecast, by process
7.4.5.4.2.Rest of Asia-Pacific market size and forecast, by product type
7.4.5.4.3.Rest of Asia-Pacific market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.LAMEA market size and forecast, by process
7.5.3.LAMEA market size and forecast, by product type
7.5.4.LAMEA market size and forecast, by application

7.5.4.1.Market size and forecast, by product type

7.5.5.LAMEA market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Latin America market size and forecast, by process
7.5.5.1.2.Latin America market size and forecast, by product type
7.5.5.1.3.Latin America market size and forecast, by application

7.5.5.2.Middle East

7.5.5.2.1.Middle East market size and forecast, by process
7.5.5.2.2.Middle East market size and forecast, by product type
7.5.5.2.3.Middle East market size and forecast, by application

7.5.5.3.Africa

7.5.5.3.1.Africa market size and forecast, by process
7.5.5.3.2.Africa market size and forecast, by product type
7.5.5.3.3.Africa market size and forecast, by application

CHAPTER 8:COMPANY PROFILES

8.1.ArcelorMittal

8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Research and development expenses
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.China Baowu Steel Group Corporation Limited

8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.Business performance
8.2.7.Key strategic moves and developments

8.3.Gerdau S.A.

8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.Business performance

8.4.Hesteel Group Company Limited

8.4.1.Company overview
8.4.2.Key executive
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio

8.5.Hyundai Steel Co., Ltd,

8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Business performance

8.6.Nippon Steel Corporation

8.6.1.Company overview
8.6.2.Key executive
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.Business performance
8.6.7.Key strategic moves and developments

8.7.Nucor Corporation

8.7.1.Company overview
8.7.2.Key executive
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.Business performance
8.7.7.Key strategic moves and developments

8.8.POSCO Corporation

8.8.1.Company overview
8.8.2.Key executive
8.8.3.Company snapshot
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments

8.9.Ternium S.A.

8.9.1.Company overview
8.9.2.Key executive
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Research and development expenses
8.9.7.Business performance

8.10.Votorantim S.A.

8.10.1.Company overview
8.10.2.Key executive
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.Business performance

LIST OF TABLES

TABLE 01.LONG STEEL MARKET REVENUE, BY PROCESS, 2020–2030 ($MILLION)
TABLE 02.LONG STEEL MARKET REVENUE FOR BASIC OXYGEN FURNACE, BY REGION, 2020–2030 ($MILLION)
TABLE 03.LONG STEEL MARKET REVENUE FOR ELECTRIC ARC FURNACE, BY REGION, 2020–2030 ($MILLION)
TABLE 04.LONG STEEL MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 05.LONG STEEL MARKET REVENUE FOR REBAR, BY REGION, 2020–2030 ($MILLION)
TABLE 06.LONG STEEL MARKET REVENUE FOR WIRE ROD, BY REGION, 2020–2030 ($MILLION)
TABLE 07.LONG STEEL MARKET REVENUE FOR MERCHANT BAR, BY REGION, 2020–2030 ($MILLION)
TABLE 08.LONG STEEL MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 09.LONG STEEL MARKET REVENUE, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 10.LONG STEEL MARKET REVENUE FOR CONSTRUCTION, BY REGION, 2020–2030 ($MILLION)
TABLE 11.LONG STEEL MARKET REVENUE FOR CONSTRUCTION, 2020–2030 ($MILLION)
TABLE 12.LONG STEEL MARKET REVENUE FOR INDUSTRIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 13.LONG STEEL MARKET REVENUE FOR INDUSTRIAL, 2020–2030 ($MILLION)
TABLE 14.LONG STEEL MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 15.LONG STEEL MARKET REVENUE FOR OTHERS, 2020–2030 ($MILLION)
TABLE 16.LONG STEEL MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 20.LONG STEEL MARKET REVENUE FOR CONSTRUCTION, BY, 2020–2030 ($MILLION)
TABLE 21.LONG STEEL MARKET REVENUE FOR INDUSTRIAL, 2020–2030 ($MILLION)
TABLE 22.LONG STEEL MARKET REVENUE FOR OTHERS, 2020–2030 ($MILLION)
TABLE 23.NORTH AMERICA LONG STEEL MARKET , BY COUNTRY, 2020–2030 ($MILLION)
TABLE 24.U.S. LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 25.U.S. LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 26.U.S. LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 27.CANADA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 28.CANADA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 29.CANADA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 30.MEXICO LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 31.MEXICO LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 32.MEXICO LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 33.EUROPE LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 34.EUROPE LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 35.EUROPE LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.LONG STEEL MARKET REVENUE FOR CONSTRUCTION, 2020–2030 ($MILLION)
TABLE 37.LONG STEEL MARKET REVENUE FOR INDUSTRIAL, 2020–2030 ($MILLION)
TABLE 38.LONG STEEL MARKET REVENUE FOR OTHERS, 2020–2030 ($MILLION)
TABLE 39.EUROPE LONG STEEL MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 40.GERMANY LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 41.GERMANY LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 42.GEMRNAY LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 43.FRANCE LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 44.FRNACE LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 45.FRANCE LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 46.ITALY LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 47.ITALY LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 48.ITALY LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 49.RUSSIA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 50.RUSSIA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 51.RUSSIA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 52.REST OF EUROPE LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 53.REST OF EUROPE LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 54.REST OF EUROPE LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 55.ASIA-PACIFIC LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 56.ASIA-PACIFIC LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 57.ASIA-PACIFIC LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 58.LONG STEEL MARKET REVENUE FOR CONSTRUCTION, 2020–2030 ($MILLION)
TABLE 59.LONG STEEL MARKET REVENUE FOR INDUSTRIAL, 2020–2030 ($MILLION)
TABLE 60.LONG STEEL MARKET REVENUE FOR OTHERS, 2020–2030 ($MILLION)
TABLE 61.ASIA-PACIFIC LONG STEEL MARKET , BY COUNTRY, 2020–2030 ($MILLION)
TABLE 62.CHINA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 63.CHINA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 64.CHINA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 65.JAPAN LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 66.JAPAN LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 67.JAPAN LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 68.INDIA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 69.INDIA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 70.INDIA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 72.REST OF ASIA-PACIFIC LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 73.REST OF ASIA-PACIFIC LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
The LAMEA long steel market was valued at $20,001 million in 2020, and is projected to reach $31,473 million by 2030, growing at a CAGR of 4.3% from 2021 to 2030. The basic oxygen furnace segment was the highest contributor with $12,373 million in 2020, and is estimated to reach $18,966 million by 2030, registering a CAGR of 4.0%. The electric arc furnace segment is estimated to reach $12,507 million by 2030 at a CAGR of 4.7%.
TABLE 74.LAMEA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 75.LAMEA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 76.LAMEA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 77.LONG STEEL MARKET REVENUE FOR CONSTRUCTION, 2020–2030 ($MILLION)
TABLE 78.LONG STEEL MARKET REVENUE FOR INDUSTRIAL, 2020–2030 ($MILLION)
TABLE 79.LONG STEEL MARKET REVENUE FOR OTHERS, 2020–2030 ($MILLION)
TABLE 80.LAMEA LONG STEEL MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 81.LATIN AMERICA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 82.LATIN AMERICA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 83.LATIN AMERICA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 84.MIDDLE EAST LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 85.MIDDLE EAST LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 86.MIDDLE EAST LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 87.AFRICA LONG STEEL MARKET, BY PROCESS, 2020–2030 ($MILLION)
TABLE 88.AFRICA LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 89.AFRICA LONG STEEL MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 90.KEY EXECUTIVE: ARCELORMITTAL
TABLE 91.ARCELORMITTAL: COMPANY SNAPSHOT
TABLE 92.ARCELORMITTAL: OPERATING SEGMENTS
TABLE 93.ARCELORMITTAL: PRODUCT PORTFOLIO
TABLE 94.BAOWU STEEL GROUP: CAVERION CORPORATION
TABLE 95.BAOWU STEEL GROUP: COMPANY SNAPSHOT
TABLE 96.BAOWU STEEL GROUP: OPERATING SEGMENTS
TABLE 97.BAOWU STEEL GROUP: PRODUCT PORTFOLIO
TABLE 98.KEY EXECUTIVE: GERDAU S.A.
TABLE 99.GERDAU S.A.: COMPANY SNAPSHOT
TABLE 100.GERDAU S.A.: OPERATING SEGMENTS
TABLE 101.GERDAU S.A.: PRODUCT PORTFOLIO
TABLE 102.KEY EXECUTIVE: HESTEEL GROUP
TABLE 103.HESTEEL GROUP: COMPANY SNAPSHOT
TABLE 104.HESTEEL GROUP: OPERATING SEGMENTS
TABLE 105.HESTEEL GROUP: PRODUCT PORTFOLIO
TABLE 106.KEY EXECUTIVE: HYUNDAI STEEL
TABLE 107.HYUNDAI STEEL: COMPANY SNAPSHOT
TABLE 108.HYUNDAI STEEL: OPERATING SEGMENTS
TABLE 109.HYUNDAI STEEL: PRODUCT PORTFOLIO
TABLE 110.NIPPON STEEL CORPORATION:KEY EXECUTIVE
TABLE 111.NIPPON STEEL CORPORATION: COMPANY SNAPSHOT
TABLE 112.NIPPON STEEL CORPORATION: OPERATING SEGMENTS
TABLE 113.NIPPON STEEL CORPORATION: PRODUCT PORTFOLIO
TABLE 114.NUCOR CORPORATION:KEY EXECUTIVE
TABLE 115.NUCOR CORPORATION: COMPANY SNAPSHOT
TABLE 116.NUCOR CORPORATION: OPERATING SEGMENTS
TABLE 117.NUCOR CORPORATION: PRODUCT PORTFOLIO
TABLE 118.POSCO:KEY EXECUTIVE
TABLE 119.POSCO: COMPANY SNAPSHOT
TABLE 120.POSCO: PRODUCT PORTFOLIO
TABLE 121.TERNIUM S.A.:KEY EXECUTIVE
TABLE 122.TERNIUM S.A.: COMPANY SNAPSHOT
TABLE 123.TERNIUM S.A.: OPERATING SEGMENTS
TABLE 124.TERNIUM S.A.: PRODUCT PORTFOLIO
TABLE 125.VOTORANTIM S.A:KEY EXECUTIVE
TABLE 126.VOTORANTIM S.A: COMPANY SNAPSHOT
TABLE 127.VOTORANTIM S.A: OPERATING SEGMENTS
TABLE 128.VOTORANTIM S.A: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 07.MARKET PLAYER POSITIONING, 2020
FIGURE 08.LOW TO MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 11.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 12.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 13.LONG STEEL MARKET, BY PROCESS, 2020–2030 (%)
FIGURE 14.COMAPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET FOR BASIC OXYGEN FURNACE, BY COUNTRY, 2020–2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET, FOR ELECTRIC ARC FURNACE, BY COUNTRY, 2020–2030 (%)
FIGURE 16.LONG STEEL MARKET, BY PRODUCT TYPE, 2020–2030 (%)
FIGURE 17.COMAPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET FOR REBAR, BY COUNTRY, 2020–2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET, FOR WIRE ROD, BY COUNTRY,  2020–2030 (%)
FIGURE 19.COMAPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET, FOR MERCHANT BAR, BY COUNTRY, 2020–2030 (%)
FIGURE 20.COMAPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET, FOR OTHERS, BY COUNTRY,  2020–2030 (%)
FIGURE 21.LONG STEEL MARKET, BY APPLICATION, 2020–2030 (%)
FIGURE 22.COMAPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET FOR CONSTRUCTION, BY COUNTRY, 2020–2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET, FOR INDUSTRIAL BY COUNTRY, 2020–2030 (%)
FIGURE 24.COMAPARATIVE SHARE ANALYSIS OF LONG STEEL MARKET, FOR OTHERS, BY COUNTRY, 2020–2030 (%)
FIGURE 25.LONG STEEL MARKET, BY REGION, 2020–2030
FIGURE 26.U.S. LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 27.CANADA LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 28.MEXICO LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29.GERMANY LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30.FRANCE LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.ITALY LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32.RUSSIA LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.REST OF EUROPE LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.CHINA LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35.JAPAN LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.INDIA LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37.REST OF ASIA-PACIFIC LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.LATIN AMERICA LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39.MIDDLE EAST LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40.AFRICA LONG STEEL MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41.ARCELORMITTAL: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($MILLION)
FIGURE 42.ARCELORMITTAL: REVENUE, 2018–2020($MILLION)
FIGURE 43.ARCELORMITTAL: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 44.ARCELORMITTAL: REVENUE SHARE BY REGION, 2020(%)
FIGURE 45.BAOWU STEEL GROUP: REVENUE, 2017–2019($MILLION)
FIGURE 46.GERDAU S.A.: REVENUE, 2017–2019($MILLION)
FIGURE 47.HYUNDAI STEEL: REVENUE, 2018–2020($MILLION)
FIGURE 48.NIPPON STEEL CORPORATION: REVENUE, 2018–2020($MILLION)
FIGURE 49.NIPPON STEEL CORPORATION: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 50.NIPPON STEEL CORPORATION: REVENUE SHARE BY REGION, 2020(%)
FIGURE 51.NUCOR CORPORATION: REVENUE, 2018–2020($MILLION)
FIGURE 52.NUCOR CORPORATION: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 53.POSCO: REVENUE, 2018–2020($MILLION)
FIGURE 54.POSCO: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 55.POSCO: REVENUE SHARE BY REGION, 2020(%)
FIGURE 56.TERNIUM S.A.: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($MILLION)
FIGURE 57.TERNIUM S.A.: REVENUE, 2018–2020($MILLION)
FIGURE 58.TERNIUM S.A.: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 59.TERNIUM S.A.: REVENUE SHARE BY REGION, 2020(%)
FIGURE 60.VOTORANTIM S.A: REVENUE, 2018–2020($MILLION)
FIGURE 61.VOTORANTIM S.A: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 62.VOTORANTIM S.A: REVENUE SHARE BY REGION, 2020(%)

 
 

The long steel market has observed significant growth in the past few years, due to rise in construction, infrastructure, and urbanization sectors. Long steel products are employed in the construction sector for a variety of purposes, including building installations, foundations, and supports, as well as columns, panels, and walls.

Wire rods are used to make wires and are also used in engineering, aviation, and reinforcing concrete constructions. Steel wire rods are used to make reinforcement cages and assembly clamps that are circular, rectangular, or square. Companies are manufacturing and launching corrosion resistant wire rods for overseas market. For instance, in April 2021, Nippon Steel Corporation launched ZAM-EX high corrosion coated wire rod, which gives resistant performance against hot-dio galvanizing.

Moreover, companies are acquiring other companies to improve their product portfolio and to boost their production unit due to rapid rise in infrastructure and construction sector. For instance, in June 2021, Nucor Corporation acquired Cornerstone Building Brands, which manufactures long steel for walls and roofs and are available in variety of widths, thickness, and exterior finishes.  

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A. The long steel market size was valued at $4,76,213.0 million in 2020.

A. Based on product type, the rebar steel type holds the maximum market share of the long steel market in 2020.

A. The long steel market is projected to reach $7,31,934.0 million by 2030.

A. Growing infrastructure activities and urbanization and rise in modifications in automotive industries and mining sector are the key trends in the long steel market.

A. The product launch is key growth strategy of long steel industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. Fluctuation in price of raw materials is the effecting factors for long steel market.

A. The end users of long steel include in construction, industrial and others.

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