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Crude Steel - Top Companies Data & Regional Analysis

10-17-2025 02:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Crude Steel Market size is projected to reach US$ 1,582.03 billion by 2031 from US$ 1,177.55 billion in 2024. The market is expected to register a CAGR of 4.3% during 2025-2031. An increase in the production of crude steel is a result of the rising global need for infrastructure development, urbanization, and industrialization. Emerging economies in Asia and Africa are building transportation networks, housing, and energy projects, which demand a tremendous amount of steel. There is also the continued growth of the automotive and construction sectors, which increases steel consumption.

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Market leaders and key company profiles
ArcelorMittal SA
Jindal Steel and Power Ltd
China BaoWu Steel Group Corporation Limited
Nippon Steel Corp
Tata Steel Ltd
JFE Steel Corp
Jiangsu Shagang Group Co Ltd
China Ansteel Group Corporation Limited
Posco Holdings Inc
Delong Metal Product Co Ltd

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

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Contact Person: Ankit Mathur
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