Steel Ingots Market Size, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

A steel ingot is usually rectangular in cross-section, weighs between 25 to 30 tons, and is rolled into blooms and billets (for making bars, rods, and sections) and slabs (for making plates, sheets, and strips). In a continuous casting process, the common practice is to directly cast the metal into blooms or billets.

The global Steel Ingots market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

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North American market for Steel Ingots is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Steel Ingots is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

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The major global manufacturers of Steel Ingots include ArcelorMittal, China Baowu Group, HBIS Group, NSSMC Group, POSCO, Shagang Group, Ansteel Group, JFE Steel Corporation and Shougang Group, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Steel Ingots, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Ingots.

By Type
• Stainless Steel
• Mild Steel

By Application
• Infrastructure
• Power Sectors
• Transportation
• Industrial

Key Players
ArcelorMittal, China Baowu Group, HBIS Group, NSSMC Group, POSCO, Shagang Group, Ansteel Group, JFE Steel Corporation, Shougang Group, Tata Steel Group, Shandong Steel Group, Nucor Corporation, Hyundai Steel Company, Maanshan Steel, Thyssenkrupp, NLMK, Jianlong Group, Gerdau, China Steel Corporation, Valin Group, JSW Steel Limited, Benxi Steel

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This release was published on openPR.