United States Round Billets Market to Reach US$ 210 Million by 2031 | Major Companies 2026 - Alleima, Ellwood City Forge, UBE STEEL | Exclusive report by DataM Intelligence

Leander, Texas and Tokyo, Japan - Jan.22.2026
As per DataM intelligence research report "Global Round Billets Market reached USD 0.51 billion in 2022 and is expected to reach USD 0.72 billion by 2031, growing with a CAGR of 10.1% during the forecast period 2024-2031."

The round billets market is growing as automotive, construction, and engineering industries adopt versatile steel forms for forging and manufacturing. Advanced casting techniques, alloying, and quality improvements enhance product strength and consistency. Rising industrial production and infrastructure expansion are driving market growth.

Download your exclusive sample report today: (corporate email gets priority access):
https://www.datamintelligence.com/download-sample/round-billets-market?prasad

Round Billets Market: Competitive Intelligence
Alleima, Ellwood City Forge, UBE STEEL, Deutsche Nickel, Baosteel Group, AMETEK

In the Round Billets Market, Alleima, Ellwood City Forge, UBE STEEL, Deutsche Nickel, Baosteel Group, and AMETEK collectively strengthen a sector that supplies essential raw materials for downstream steel and alloy manufacturing, serving critical industries such as automotive, construction, aerospace, and heavy machinery. These companies provide high-quality round billets with consistent dimensional accuracy, mechanical strength, and metallurgical properties, enabling efficient rolling, forging, and extrusion processes. By combining advanced metallurgical expertise, precision manufacturing, and robust supply chains, they support industrial productivity while ensuring compliance with global quality and safety standards. Their combined capabilities reinforce the Round Billets Market as a vital contributor to industrial growth, structural reliability, and high-performance metal production.

Individually and synergistically, these firms' strengths create competitive advantage and technological depth within the Round Billets Market. Alleima and Deutsche Nickel offer specialized steel and nickel-alloy billets engineered for demanding industrial applications requiring corrosion resistance and high durability. Ellwood City Forge contributes precision-forged round billets suitable for aerospace, defense, and high-strength engineering components. UBE STEEL and Baosteel Group provide large-scale production capacity with advanced process control, ensuring consistent quality for mass-market industrial needs. AMETEK enhances the market with metallurgical testing, quality assurance solutions, and alloy innovation that support reliability and performance. Together, these companies drive the Round Billets Market forward by delivering high-quality, scalable, and application-specific solutions that meet evolving industrial and structural requirements.

Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/round-billets-market?prasad

United States: Recent Industry Developments

✅ In January 2026, Nucor Corporation and Steel Dynamics expanded automated round billet production lines using AI-driven rolling control and real-time defect detection. The systems improve dimensional accuracy and surface quality. They strengthen efficiency across construction and automotive steel supply.

✅ In November 2025, Commercial Metals Company (CMC) invested $75 million in automation upgrades for round billet casting and rolling facilities. The investment enhances throughput and energy efficiency. It supports demand from infrastructure projects.

✅ In September 2025, U.S. Steel and SMS Group deployed automated billet inspection and handling systems. These platforms reduce manual intervention and scr@p rates. They improve production consistency.

✅ In July 2025, Gerdau North America implemented digital automation for billet logistics and inventory optimization. The solution improves traceability and delivery timelines. It enhances operational resilience.

Japan: Recent Industry Developments

✅ In January 2026, Nippon Steel and JFE Steel expanded automated round billet manufacturing integrating AI-based quality analytics. The systems improve yield and metallurgical consistency. They support high-performance steel applications.

✅ In October 2025, Nippon Steel invested $60 million in smart billet casting automation and robotics. The investment improves productivity and energy optimization. It strengthens global competitiveness.

✅ In August 2025, Kobe Steel and Danieli Japan deployed automated billet surface inspection systems. The solutions reduce defects and rework. They enhance export quality standards.

✅ In June 2025, Sumitomo Metal Industries expanded digital automation for billet production planning. The tools improve capacity utilization. They support stable supply chains.

Buy Now & Unlock 360° Market Intelligence:
https://www.datamintelligence.com/buy-now-page?report=round-billets-market

Segment Covered in the Round Billets Market:
By Product
The market is segmented into forged parts 30%, flanges 20%, axles 15%, rings 15%, discs 10%, valves 5%, and others 5%, with forged parts dominating due to their extensive use in automotive, industrial machinery, and heavy engineering applications. Flanges and axles follow owing to strong demand from oil & gas and transportation sectors. Rings and discs are increasingly used in power generation and aerospace applications requiring high strength and durability.

By Material
Materials include carbon steel 35%, alloy steel 30%, stainless steel 15%, aluminum 10%, and others 10%, with carbon steel dominating due to cost efficiency, mechanical strength, and wide applicability across industries. Alloy steel is preferred in automotive and aerospace applications for enhanced performance. Stainless steel and aluminum are gaining traction in corrosion-resistant and lightweight applications. Material diversification supports market expansion.

By Process
By process, the market comprises open die forging 45%, closed die forging 40%, and others 15%, with open die forging dominating due to flexibility in producing large components and suitability for oil & gas, power generation, and heavy machinery applications. Closed die forging is widely adopted for precision automotive and aerospace components. Process automation and forging technology advancements enhance production efficiency.

By End-User
End-users include automotive 30%, construction 25%, oil & gas 15%, power generation 10%, aerospace 10%, railways 5%, and others 5%, with automotive dominating due to rising vehicle production and demand for high-strength drivetrain and chassis components. Construction follows with infrastructure and structural applications. Oil & gas and power generation require heavy-duty forged components, while aerospace and railways demand high-performance billets.

Request for 2 Days FREE Trial Access:
https://www.datamintelligence.com/reports-subscription?prasad

✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.