United States Stainless Steel Market 2025: Industry Developments, Future Growth, Share & Industry Insights | POSCO, Acciai Speciali Terni, Acerinox, Aperam, ArcelorMittal, Baosteel Group

Global Stainless Steel Market reached US$ 111.4 billion in 2022 and is expected to reach US$ 179.5 billion by 2030, growing with a CAGR of 6.2 % during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Stainless Steel Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Key Players: POSCO, Acciai Speciali Terni S.p.A, Acerinox, Aperam, ArcelorMittal, Baosteel Group, China Baowu Steel, JFE Steel Corporation, Jindal Stainless Limited, NIPPON STEEL CORPORATION.

USA - Industry Latest News 2025:

✅ 2025-06-18: Nippon Steel & U.S. Steel finalize a partnership/strategic tie-up (historic partnership announcement).

✅ 2025-01-23: Aperam (Europe) completed the acquisition of Universal Stainless & Alloy Products (U.S.), making Universal a wholly-owned subsidiary. (M&A completed).

✅ 2025-03-25: Hyundai Steel / Hyundai Motor Group announced plans to build a large new steel mill in Louisiana (major planned investment / capacity build in the U.S.).

✅ 2025-10-29: Outokumpu announced a sizeable investment (pilot plant in New Hampshire) and flagged earnings/market weakness - notable because it's a European producer expanding U.S. footprint.

Japan - Industry Latest News 2025:

✅ 2025-07-22: Japan's authorities launched an anti-dumping investigation into nickel-based cold-rolled stainless steel sheets/strips from China and Taiwan after domestic petitions - major trade / policy development.

✅ 2025-06-18: Nippon Steel announced a new partnership arrangement with U.S. Steel and related structural moves in 2025 (corporate realignment / cross-border partnership).

✅ 2025 (throughout year): Nippon Steel moved to consolidate/merge certain pipe and tube subsidiaries as part of footprint & efficiency restructuring (operational consolidation).

Korea (South Korea) - Industry Latest News 2025:

✅ 2025-04-21: Hyundai Motor Group and POSCO signed an MOU to cooperate across steel and battery materials - strategic cooperation that impacts stainless supply for automotive and battery applications.

✅ 2025-03-25: Hyundai Steel announced concrete plans to build a large steel plant in Louisiana, U.S. (major capacity/investment decision with global supply implications).

✅ 2025-07-04: POSCO launched an eco-friendly/low-carbon stainless-steel product in collaboration with kitchen brand Franke (product launch / sustainability collaboration).

✅ 2025-05-16: DSP (Korean color-stainless specialist) held a groundbreaking for a new Eumseong plant - capacity/quality expansion in specialty stainless.

Europe - Industry Latest News 2025:

✅ 2025-01-23: Aperam's acquisition of Universal Stainless (U.S. target) closed - notable Europe ↔ U.S. deal in stainless/specialty alloys (M&A).

✅ 2025-06-10: Outokumpu unveiled a strategic plan (EVOLVE) focused on growth, capital allocation and shareholder value signals how a major European stainless producer is re-positioning.

✅ 2025-06-19: Outokumpu was selected as green stainless supplier for Alstom rolling stock (contract / product-supply win emphasizing "green" stainless offerings).

✅ 2025 (ongoing): European stainlessmakers and mills are publicly flagging weak domestic demand/price pressure and debating trade/tariff responses several companies have paused or trimmed plans and called for protection measures.

Growth Forecast Projected:

The Global Stainless Steel Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Stainless Steel Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Type (Austenitic Stainless Steel, Martensitic Stainless Steels, Ferritic Stainless Steels, Precipitation-Hard enable Stainless Steels, Duplex Series, Others)

By Product (Cold Flat, Hot Coils5, Cold Bars, Hot Bars, Hot Plate and Sheet, Others)

By Grade (200 Series, 300 Series, 400 Series, Duplex Series, Others)

By End-User (Building and Construction,Automotive and Transportation, Industrial Machinery & Components, Home Appliances, Medical and Surgical Tools, Others)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Stainless Steel producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Stainless Steel revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the Stainless Steel Market?

A: The Stainless Steel Market stood at US$ 111.4 billion in 2022 and is set to experience remarkable growth, reaching US$ 179.5 billion by 2030

Q2: How fast is the Stainless Steel Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 6.1% from 2024-2031.

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