Semi-killed Steel Market Value Expected to Reach US$ 44.46 Billion by 2031, Driven by Construction and Industrial Growth

Market Summary -

The global market for Semi-killed Steel was estimated to be worth US$ 34.92 billion in 2024 and is forecast to a readjusted size of US$ 44.46 billion by 2031 with a CAGR of 3.4% during the forecast period 2025-2031.

According to QY Research, a new publication titled "Global Semi-killed Steel Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" provides an in-depth, data-driven analysis of the global Semi-killed Steel market to support informed decision-making and sustainable growth strategies. Authored by experienced market analysts and subject-matter experts, the report delivers accurate market data, validated insights, and actionable recommendations for industry participants. It evaluates historical performance alongside future forecasts to clearly explain competitive dynamics, key growth drivers, market challenges, and emerging opportunities. With detailed coverage of market dynamics, segmentation, leading companies, and regional trends, this comprehensive report serves as a reliable strategic resource for businesses looking to gain a competitive edge in the global Semi-killed Steel market.

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The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Semi-killed Steel cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

In 2024, global semi-killed steel production will reach 65 million tons, with an average price of US$537 per ton.

Semi-killed steel is a steel with a deoxidation degree between killed steel (completely deoxidized) and rimmed steel (not fully deoxidized). The deoxidation process does not completely eliminate the gas in the molten steel. A small amount of gas will escape during solidification, and the formed ingot will have a small amount of shrinkage holes on the top. The performance (such as strength and plasticity) and production cost are between the two. It is suitable for scenarios with medium requirements for material performance and focus on cost control.

The upstream of the semi-killed steel industry chain mainly comes from suppliers of iron ore, coke, and alloying elements. Typical companies include Rio Tinto, Vale, BHP Billiton, Ansteel Mining, and the raw materials division of U.S. Steel, which ensure a stable supply of Fe raw materials and carbon sources required for basic smelting. Downstream customers are concentrated in the construction, bridge, infrastructure pipe truss, steel mold processing, and automotive structural component manufacturing sectors. China State Construction Engineering Corporation, China Railway Group, Hitachi Construction Machinery, Sany Group, and Ford Motor Company are typical users. Due to its moderate deoxidation level, good compositional uniformity, and lower price than fully killed steel, semi-killed steel is most widely used in building structures requiring moderate strength and good weldability, such as I-beams, channel steel, rebar joint plates, bridge webs, and some automotive load-bearing components. Its usage in construction can reach 65-75%, making it the absolute core of downstream applications.

Major Company Included: -

China Baowu Steel Group
Baotou Iron & Steel (Group)
ArcelorMittal
POSCO
Nippon Steel
Ansteel Group
Xiwang Special Steel
Shougang Group
Tangshan Iron & Steel
Dongkuk Steel Mill
Taiyuan Iron & Steel Group
Ovako
Kobe Steel
SAIL

Developments and Trend -

The development trend of semi-killed steel mainly revolves around higher toughness and less segregation, while steel mills are continuously upgrading their ladle refining technology to reduce energy consumption and carbon emissions. Driving factors include continued growth in global infrastructure investment, long-term demand for construction steel driven by urbanization, stable use of medium-performance structural materials in manufacturing, and the expansion of low-cost steel applications in non-critical automotive body-in-white components. Obstacles mainly stem from the rapid penetration of low-alloy high-strength steel, increasing pressure to replace low- and mid-range structural steel. Meanwhile, stricter environmental policies make it difficult for some small steel mills to maintain stable production capacity. Fluctuations in iron ore prices and rising energy costs also squeeze gross margins. Furthermore, the growth potential of semi-killed steel in high-end equipment manufacturing is limited due to its "medium performance" positioning.

A typical semi-killed steel production line has an annual output of approximately 500,000 to 1.2 million tons, with a relatively low gross margin, generally between 6% and 10%.

Market Segmentation and Regional -

By Type

Silicon Semi-Killed Steel
Silicon Aluminum Semi-Killed Steel
Aluminum Semi-Killed Steel

By Application

Construction and Civil Engineering
Mechanical Manufacturing
Automotive and Transportation
Other

The report provides valuable insights into the key segments of the global Semi-killed Steel market, with a strong focus on CAGR, market size, market share, and future growth potential. The market is comprehensively segmented by product type, application, and region, with each segment thoroughly analyzed to identify growth prospects, demand patterns, and emerging trends. This detailed segmental analysis plays a crucial role in uncovering high-growth and high-return opportunities across the market. By offering precise data on product- and application-level demand, the report enables businesses to prioritize profitable segments and develop targeted strategies within the global Semi-killed Steel market.

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Reasons to Procure this Report: -

►The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

►The report provides Semi-killed Steel market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.

►The research includes the Semi-killed Steel market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

►Semi-killed Steel market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

►This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

►The study helps evaluate Semi-killed Steel business predictions by region, key countries, and top companies' information to channel their investments.

Key questions answered in the report include:

►This Semi-killed Steel report gives all the information about the industry analysis, revenue, and overview, of this market.

►What will be the rate of increase in Semi-killed Steel market size and growth rate by the end of the forecast period?

►What are the major global Semi-killed Steel market trends influencing the development of the market?

►What are the vital results of SWOT analysis of the major players operating in the Semi-killed Steel market?

►What are the potential growth opportunities and threats faced by Major competitors in the Semi-killed Steel market?

►What are the market opportunities and threats faced by vendors in the Global Semi-killed Steel market?

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Table of Contents - Major Key Points:

1 Market Overview
1.1 Semi-killed Steel Product Introduction
1.2 Global Semi-killed Steel Market Size Forecast
1.2.1 Global Semi-killed Steel Sales Value (2020-2031)
1.2.2 Global Semi-killed Steel Sales Volume (2020-2031)
1.2.3 Global Semi-killed Steel Sales Price (2020-2031)
1.3 Semi-killed Steel Market Trends & Drivers
1.3.1 Semi-killed Steel Industry Trends
1.3.2 Semi-killed Steel Market Drivers & Opportunity
1.3.3 Semi-killed Steel Market Challenges
1.3.4 Semi-killed Steel Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Semi-killed Steel Players Revenue Ranking (2024)
2.2 Global Semi-killed Steel Revenue by Company (2020-2025)
2.3 Global Semi-killed Steel Players Sales Volume Ranking (2024)
2.4 Global Semi-killed Steel Sales Volume by Company Players (2020-2025)
2.5 Global Semi-killed Steel Average Price by Company (2020-2025)
2.6 Key Manufacturers Semi-killed Steel Manufacturing Base and Headquarters
2.7 Key Manufacturers Semi-killed Steel Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Semi-killed Steel
2.9 Semi-killed Steel Market Competitive Analysis
2.9.1 Semi-killed Steel Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Semi-killed Steel Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Semi-killed Steel as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Silicon Semi-Killed Steel
3.1.2 Silicon Aluminum Semi-Killed Steel
3.1.3 Aluminum Semi-Killed Steel
3.2 Global Semi-killed Steel Sales Value by Type
3.2.1 Global Semi-killed Steel Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Semi-killed Steel Sales Value, by Type (2020-2031)
3.2.3 Global Semi-killed Steel Sales Value, by Type (%) (2020-2031)
3.3 Global Semi-killed Steel Sales Volume by Type
3.3.1 Global Semi-killed Steel Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Semi-killed Steel Sales Volume, by Type (2020-2031)
3.3.3 Global Semi-killed Steel Sales Volume, by Type (%) (2020-2031)
3.4 Global Semi-killed Steel Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Construction and Civil Engineering
4.1.2 Mechanical Manufacturing
4.1.3 Automotive and Transportation
4.1.4 Other
4.2 Global Semi-killed Steel Sales Value by Application
4.2.1 Global Semi-killed Steel Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Semi-killed Steel Sales Value, by Application (2020-2031)
4.2.3 Global Semi-killed Steel Sales Value, by Application (%) (2020-2031)
4.3 Global Semi-killed Steel Sales Volume by Application
4.3.1 Global Semi-killed Steel Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Semi-killed Steel Sales Volume, by Application (2020-2031)
4.3.3 Global Semi-killed Steel Sales Volume, by Application (%) (2020-2031)
4.4 Global Semi-killed Steel Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Semi-killed Steel Sales Value by Region
5.1.1 Global Semi-killed Steel Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Semi-killed Steel Sales Value by Region (2020-2025)
5.1.3 Global Semi-killed Steel Sales Value by Region (2026-2031)
5.1.4 Global Semi-killed Steel Sales Value by Region (%), (2020-2031)
5.2 Global Semi-killed Steel Sales Volume by Region
5.2.1 Global Semi-killed Steel Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Semi-killed Steel Sales Volume by Region (2020-2025)
5.2.3 Global Semi-killed Steel Sales Volume by Region (2026-2031)
5.2.4 Global Semi-killed Steel Sales Volume by Region (%), (2020-2031)
5.3 Global Semi-killed Steel Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Semi-killed Steel Sales Value, 2020-2031
5.4.2 North America Semi-killed Steel Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Semi-killed Steel Sales Value, 2020-2031
5.5.2 Europe Semi-killed Steel Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Semi-killed Steel Sales Value, 2020-2031
5.6.2 Asia Pacific Semi-killed Steel Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Semi-killed Steel Sales Value, 2020-2031
5.7.2 South America Semi-killed Steel Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Semi-killed Steel Sales Value, 2020-2031
5.8.2 Middle East & Africa Semi-killed Steel Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Semi-killed Steel Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Semi-killed Steel Sales Value and Sales Volume
6.2.1 Key Countries/Regions Semi-killed Steel Sales Value, 2020-2031
6.2.2 Key Countries/Regions Semi-killed Steel Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Semi-killed Steel Sales Value, 2020-2031
6.3.2 United States Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Semi-killed Steel Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Semi-killed Steel Sales Value, 2020-2031
6.4.2 Europe Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Semi-killed Steel Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Semi-killed Steel Sales Value, 2020-2031
6.5.2 China Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.5.3 China Semi-killed Steel Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Semi-killed Steel Sales Value, 2020-2031
6.6.2 Japan Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Semi-killed Steel Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Semi-killed Steel Sales Value, 2020-2031
6.7.2 South Korea Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Semi-killed Steel Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Semi-killed Steel Sales Value, 2020-2031
6.8.2 Southeast Asia Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Semi-killed Steel Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Semi-killed Steel Sales Value, 2020-2031
6.9.2 India Semi-killed Steel Sales Value by Type (%), 2024 VS 2031
6.9.3 India Semi-killed Steel Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 China Baowu Steel Group
7.1.1 China Baowu Steel Group Company Information
7.1.2 China Baowu Steel Group Introduction and Business Overview
7.1.3 China Baowu Steel Group Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 China Baowu Steel Group Semi-killed Steel Product Offerings
7.1.5 China Baowu Steel Group Recent Development
7.2 Baotou Iron & Steel (Group)
7.2.1 Baotou Iron & Steel (Group) Company Information
7.2.2 Baotou Iron & Steel (Group) Introduction and Business Overview
7.2.3 Baotou Iron & Steel (Group) Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Baotou Iron & Steel (Group) Semi-killed Steel Product Offerings
7.2.5 Baotou Iron & Steel (Group) Recent Development
7.3 ArcelorMittal
7.3.1 ArcelorMittal Company Information
7.3.2 ArcelorMittal Introduction and Business Overview
7.3.3 ArcelorMittal Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 ArcelorMittal Semi-killed Steel Product Offerings
7.3.5 ArcelorMittal Recent Development
7.4 POSCO
7.4.1 POSCO Company Information
7.4.2 POSCO Introduction and Business Overview
7.4.3 POSCO Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 POSCO Semi-killed Steel Product Offerings
7.4.5 POSCO Recent Development
7.5 Nippon Steel
7.5.1 Nippon Steel Company Information
7.5.2 Nippon Steel Introduction and Business Overview
7.5.3 Nippon Steel Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Nippon Steel Semi-killed Steel Product Offerings
7.5.5 Nippon Steel Recent Development
7.6 Ansteel Group
7.6.1 Ansteel Group Company Information
7.6.2 Ansteel Group Introduction and Business Overview
7.6.3 Ansteel Group Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Ansteel Group Semi-killed Steel Product Offerings
7.6.5 Ansteel Group Recent Development
7.7 Xiwang Special Steel
7.7.1 Xiwang Special Steel Company Information
7.7.2 Xiwang Special Steel Introduction and Business Overview
7.7.3 Xiwang Special Steel Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Xiwang Special Steel Semi-killed Steel Product Offerings
7.7.5 Xiwang Special Steel Recent Development
7.8 Shougang Group
7.8.1 Shougang Group Company Information
7.8.2 Shougang Group Introduction and Business Overview
7.8.3 Shougang Group Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Shougang Group Semi-killed Steel Product Offerings
7.8.5 Shougang Group Recent Development
7.9 Tangshan Iron & Steel
7.9.1 Tangshan Iron & Steel Company Information
7.9.2 Tangshan Iron & Steel Introduction and Business Overview
7.9.3 Tangshan Iron & Steel Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Tangshan Iron & Steel Semi-killed Steel Product Offerings
7.9.5 Tangshan Iron & Steel Recent Development
7.10 Dongkuk Steel Mill
7.10.1 Dongkuk Steel Mill Company Information
7.10.2 Dongkuk Steel Mill Introduction and Business Overview
7.10.3 Dongkuk Steel Mill Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Dongkuk Steel Mill Semi-killed Steel Product Offerings
7.10.5 Dongkuk Steel Mill Recent Development
7.11 Taiyuan Iron & Steel Group
7.11.1 Taiyuan Iron & Steel Group Company Information
7.11.2 Taiyuan Iron & Steel Group Introduction and Business Overview
7.11.3 Taiyuan Iron & Steel Group Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Taiyuan Iron & Steel Group Semi-killed Steel Product Offerings
7.11.5 Taiyuan Iron & Steel Group Recent Development
7.12 Ovako
7.12.1 Ovako Company Information
7.12.2 Ovako Introduction and Business Overview
7.12.3 Ovako Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Ovako Semi-killed Steel Product Offerings
7.12.5 Ovako Recent Development
7.13 Kobe Steel
7.13.1 Kobe Steel Company Information
7.13.2 Kobe Steel Introduction and Business Overview
7.13.3 Kobe Steel Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Kobe Steel Semi-killed Steel Product Offerings
7.13.5 Kobe Steel Recent Development
7.14 SAIL
7.14.1 SAIL Company Information
7.14.2 SAIL Introduction and Business Overview
7.14.3 SAIL Semi-killed Steel Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 SAIL Semi-killed Steel Product Offerings
7.14.5 SAIL Recent Development
8 Industry Chain Analysis
8.1 Semi-killed Steel Industrial Chain
8.2 Semi-killed Steel Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Semi-killed Steel Sales Model
8.5.2 Sales Channel
8.5.3 Semi-killed Steel Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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