• Cat-intel
  • MedIntelliX
  • Consulting
  • Resources
  • About Us
  • News
  • Careers
  • Contact Us
  • Login
    • English
    Chinese
    French
    Hindi

    Flat Steel Market

    ID: 1353
    185 Pages
    Research Team
    07/2025

    Flat Steel Market Research Report Information By Product Type (Slabs, Hot-Rolled Coil, Cold-Rolled Coil, Sheets & Strips, Tinplate, and Coated Steel), By End Use Industry (Building & Construction, Automotive & Transportation, Machinery, Electronics, Consumer Goods & Appliances, Oil & Gas, and Energy), and By Region (North America, Europe, Asia-Pacific, and Rest of The World)...

    Share:
    ReportInfographic

    Purchase Options

    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Compare License

    Market Summary

    Research Methodology on Flat Steel Market


    The Market Research Future (MRFR) report titled “Flat Steel Market – Forecast to 2030” provides reliable insights and understanding of the Flat Steel market. MRFR employed an appropriate research methodology to ensure the accuracy and validity of the findings gathered during the study period 2023 to 2030. The prime objective of this report was to determine the market opportunities for Flat Steel so that investors and stakeholders can plan their future strategies accordingly.


    For this purpose, MRFR conducted both primary and secondary research. The primary research includes detailed interviews with industry experts and key opinion leaders. This step was further followed up by online surveys and detailed discussions with various stakeholders. Industry experts were also consulted to procure the required market information and data. The primary research was conducted mainly to gain an understanding of the market drivers, trends, growth potential, and restraints.


    Secondary research enabled MRFR to understand the Macro and Micro Economic environment of the Flat Steel Industry. It provided data from trusted government websites, trusted journals, company reports, news articles, and industry sources. The data was gathered from both paid and free sources. The analysis of the same was further handled by experienced field professionals.


    Various analytical techniques were employed to detect market trends, opportunities, and drivers. Among these, several techniques were used such as Bottom-Up and Top-Down approaches. Factor Analysis and Time-Series analysis were also used to analyze the impact of macroeconomic factors like government regulations, technological advancement, labour availability, and supply & demand of steel over the market.


    Besides this, Demand Side and Supply Side data triangulation was used to derive final market figures. Furthermore, to make sure that comprehensive insights into the market are obtained, a thorough validation and recheck process was involved.


    Overall, this analysis enabled MRFR to develop a detailed view of the Flat Steel Market. In addition, it provided information on the historical trends and current opportunities in this market. The study enabled a better understanding of the market so that accurate market estimations can be made.


    To summarize, the following research methodologies were employed:



    • Primary research included detailed interviews, online surveys, and discussions with industry experts and various stakeholders.

    • Secondary research was conducted to understand the Macro and Micro Economic environment of the Flat Steel Industry.

    • Various analytical techniques were employed to detect market trends, opportunities, and drivers. These included Bottom-Up and Top-Down approaches, Factor Analysis, Time-Series analysis, and Demand Side and Supply Side data triangulation.

    • A thorough validation and recheck process was involved in obtaining final market figures.


    Conclusion


    This research report presents a comprehensive research methodology for the research study ‘Flat Steel Market – Analysis and Forecast to 2030’. The research methodology includes secondary research, primary research, qualitative research, factor and value-chain analyses, top-down and bottom-up approaches, and time-series and demand-supply analysis.

    Market Size & Forecast

    Attribute/Metric Details
    Market Size 2023 USD 483.70 Billion
    Market Size 2024 USD 512.72 Billion
    Market Size 2032 USD 817.20 Billion
    Compound Annual Growth Rate (CAGR) 6.00% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product Type, End Use Industry, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled ArcelorMittal, POSCO, Jiangsu Shagang Group, ChinaSteel, Jianlong Group, ThyssenKrupp AG, JFE Steel Corporation, Albawardi Steel Industries, NIPPON STEEL CORPORATION, Tata Steel, Nucor Corporation, SABIC, Hyundai Steel, AGIS, Voestalpine AG, Severstal Russian Steel, NLMK, Essar Steel, ShaabanSteel, ATI, CITIC LIMITED, Baosteel Group, Hebei Puyang Iron and Steel Group, SSAB AB, SAIL, METINVEST HOLDING LLC, and JSW
    Key Market Opportunities Growing consumer awareness towards adoption of flat steel
    Key Market Dynamics Massive use in construction, automotive, and mechanical equipment, rapid industrialization, and increase in infrastructure investments

    Major Players

    Flat Steel Product Type Outlook (USD Billion, 2018-2032)

    • Slabs

    • Hot-Rolled Coil

    • Cold-Rolled Coil

    • Sheets & Strips

    • Tinplate

    • Coated Steel

    Flat Steel End Use Industry Outlook (USD Billion, 2018-2032)

    • Building & Construction

    • Automotive & Transportation

    • Machinery

    • Electronics

    • Consumer Goods & Appliances

    • Oil & Gas

    • Energy

    Flat Steel Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • US Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Canada Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

    • Europe Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Germany Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • France Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • UK Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Italy Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Spain Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • China Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Japan Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • India Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Australia Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Middle East Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Africa Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

      • Latin America Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry

        • Slabs

        • Hot-Rolled Coil

        • Cold-Rolled Coil

        • Sheets & Strips

        • Tinplate

        • Coated Steel

      • Flat Steel by End Use Industry

        • Building & Construction

        • Automotive & Transportation

        • Machinery

        • Electronics

        • Consumer Goods & Appliances

        • Oil & Gas

        • Energy

    Market Trends

    Global Flat Steel Market Overview

    Flat Steel Market Size was valued at USD 483.70 Billion in 2023. The Flat Steel industry is projected to grow from USD 512.72 Billion in 2024 to USD 817.20 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2024 - 2032). Fast industrialization, widespread use of mechanical, automotive, and construction equipment, and increased infrastructure investment, are the key market drivers enhancing the market growth.

    Flat Steel Market Overview

    Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

    Flat Steel Market Trends

      • Rapid urbanization and growing industrialization is driving the market growth

    The primary market drivers for the sector are anticipated to be rapid urbanization, increased industrialization, rising disposable income of middle-class families in emerging nations, and increasing worldwide population. In India, infrastructure has received more than 25.0% of all investments since 2012. Over the ensuing years, this trend is anticipated to intensify, benefiting the sector. Due to the annual benchmark pricing system being replaced by a quarterly pricing system, the price of iron ore is extremely erratic. With this kind ...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Flat Steel Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Flat Steel Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 483.70 Billion
    Market Size 2024 USD 512.72 Billion
    Market Size 2032 USD 817.20 Billion
    Compound Annual Growth Rate (CAGR) 6.00% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product Type, End Use Industry, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled ArcelorMittal, POSCO, Jiangsu Shagang Group, ChinaSteel, Jianlong Group, ThyssenKrupp AG, JFE Steel Corporation, Albawardi Steel Industries, NIPPON STEEL CORPORATION, Tata Steel, Nucor Corporation, SABIC, Hyundai Steel, AGIS, Voestalpine AG, Severstal Russian Steel, NLMK, Essar Steel, ShaabanSteel, ATI, CITIC LIMITED, Baosteel Group, Hebei Puyang Iron and Steel Group, SSAB AB, SAIL, METINVEST HOLDING LLC, and JSW
    Key Market Opportunities Growing consumer awareness towards adoption of flat steel
    Key Market Dynamics Massive use in construction, automotive, and mechanical equipment, rapid industrialization, and increase in infrastructure investments

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
    View All

    FAQs

    What is the valuation of the flat steel market?

    The global flat steel market is expected to reach a valuation of USD 733 billion by 2025.

    What is the expected CAGR of the flat steel market?

    The global flat steel market is expected to exhibit a strong 3% CAGR over the forecast period from 2019 to 2025.

    What are the leading end uses of flat steel?

    The leading end users of flat steel are the construction industry and the automotive industry.

    What are the leading players in the flat steel market?

    The leading players in the flat steel market include ArcelorMittal, POSCO, Jiangsu Shagang Group, Nippon Steel Corporation, Tata Steel, Nucor Corporation, SABIC, and ChinaSteel.

    What are the leading regional markets for flat steel?

    Asia Pacific is the leading regional market for flat steel due to the growing industrial sector in countries such as India, China, and South Korea.

    1. Executive Summary
    2. Scope of the Report
      1. Market Definition
      2. Scope of the Study
        1. Research Objectives
        2. Assumptions & Limitations
      3. Markets Structure
    3. Market Research
      1. Research Process
      2. Secondary Research
      3. Primary
      4. Forecast Model
    4. Market Landscape
      1. Supply Chain Analysis
        1. Raw Material Suppliers
        2. Manufacturers/Producers
        3. Distributors/Retailers/Wholesalers/E-Commerce
        4. End Use
      2. Porter’s Five Forces Analysis
        1. Threat of
        2. Bargaining Power of Buyers
        3. Bargaining Power of
        4. Threat of Substitutes
        5. Intensity of Competitive Rivalry
    5. Market Dynamics of the Global Flat Steel Market
      1. Introduction
      2. Restraints
      3. Opportunities
      4. Challenges
      5. Introduction
      6. Slabs
        1. Market Estimates & Forecast, 2023-2032
        2. Market
      7. Hot-Rolled Coil
        1. Market Estimates & Forecast,
      8. Cold-Rolled Coil
        1. Market Estimates &
        2. Market Estimates & Forecast, by Region, 2023-2032
      9. Sheets & Strips
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates & Forecast, by Region, 2023-2032
      10. Tinplate
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates &
      11. Coated Steel
        1. Market Estimates
        2. Market Estimates & Forecast, by Region,
      12. Others
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates & Forecast, by Region, 2023-2032
      13. Introduction
      14. Building &
        1. Market Estimates & Forecast, 2023-2032
        2. Market
      15. Automotive & Transportation
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates &
      16. Machinery
        1. Market Estimates &
        2. Market Estimates & Forecast, by Region, 2023-2032
      17. Electronics
        1. Market Estimates & Forecast, 2023-2032
      18. Consumer Goods &
        1. Market Estimates & Forecast, 2023-2032
        2. Market
      19. Oil & Gas
        1. Market Estimates & Forecast,
      20. Energy
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast, by Region, 2023-2032
        3. Market Estimates & Forecast, 2023-2032
        4. Market Estimates
      21. Introduction
      22. North America
        1. Market Estimates
        2. Market Estimates & Forecast, by Product
        3. Market Estimates & Forecast, by End-Use Industry,
        4. US
        5. Canada
      23. Europe
        1. Market Estimates &
        2. Market Estimates & Forecast, by Product Type,
        3. Market Estimates & Forecast, by End-Use Industry, 2023-2032
        4. Germany
        5. France
        6. Italy
        7. UK
        8. Russia
        9. Rest of Europe
      24. Asia-Pacific
        1. Market Estimates
        2. Market Estimates & Forecast, by Product
        3. Market Estimates & Forecast, by End-Use Industry,
        4. China
        5. India
        6. Japan
        7. Australia & New Zealand
      25. Middle
        1. Market Estimates & Forecast, 2023-2032
        2. Market Estimates
        3. UAE
        4. Israel
        5. Turkey
        6. Rest of Middle East & Africa
      26. Latin America
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast, by Product Type, 2023-2032
        3. Market Estimates & Forecast, by End-Use Industry, 2023-2032
        4. Argentina
        5. Mexico
      27. Introduction
      28. Market Strategy
      29. Key Development
      30. ArcelorMittal
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      31. POSCO
        1. Financial Updates
        2. Product/Business Segment
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      32. Jiangsu Shagang Group
        1. Company Overview
        2. Financial
        3. Product/Business Segment Overview
        4. Strategy
        5. SWOT Analysis
      33. NIPPON STEEL CORPORATION
        1. Company Overview
        2. Financial Updates
        3. Product/Business
        4. Strategy
        5. Key Developments
        6. SWOT
      34. Tata Steel
        1. Company Overview
        2. Financial
        3. Product/Business Segment Overview
        4. Strategy
        5. SWOT Analysis
      35. Nucor Corporation
        1. Financial Updates
        2. Product/Business Segment
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      36. SABIC
        1. Company Overview
        2. Financial Updates
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      37. Hyundai Steel
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      38. ChinaSteel
        1. Financial Updates
        2. Product/Business Segment
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      39. Jianlong Group
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key
        6. SWOT Analysis
      40. Maanshan Iron & Steel Company
        1. Company Overview
        2. Financial Updates
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      41. ThyssenKrupp AG
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Key Developments
        5. SWOT Analysis
      42. JFE
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key
        6. SWOT Analysis
      43. Albawardi Steel Industries
        1. Company Overview
        2. Financial Updates
        3. Product/Business
        4. Strategy
        5. Key Developments
      44. AGIS
        1. Company Overview
        2. Financial
        3. Product/Business Segment Overview
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
      45. Essar Steel
        1. Company Overview
        2. Financial Updates
        3. Product/Business
        4. Strategy
        5. Key Developments
      46. ShaabanSteel
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      47. ATI
        1. Financial Updates
        2. Product/Business Segment
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      48. Voestalpine AG
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key
        6. SWOT Analysis
      49. SSAB AB
        1. Company
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Strategy
        5. Key Developments
        6. SWOT Analysis
        7. Company Overview
        8. Financial Updates
        9. Product/Business
        10. Strategy
        11. Key Developments
      50. METINVEST HOLDING, LLC
        1. Company Overview
        2. Financial Updates
        3. Product/Business Segment Overview
        4. Key Developments
        5. SWOT Analysis
      51. Severstal
        1. Company Overview
        2. Financial Updates
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      52. NLMK
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      53. Gerdau S/A
        1. Financial Updates
        2. Product/Business Segment
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      54. Hebei Puyang Iron and Steel Group
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      55. CITIC LIMITED
        1. Company Overview
        2. Financial Updates
        3. Product/Business
        4. Strategy
        5. Key Developments
      56. Baosteel Group
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      57. Laiwu Steel Group
        1. Company Overview
        2. Financial Updates
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
      58. JSW
        1. Company Overview
        2. Product/Business Segment Overview
        3. Strategy
        4. Key Developments
        5. SWOT Analysis
    6. Global Flat Steel Market Segmentation
    7. Value Chain of Global Flat Steel Market

    Flat Steel Product Type Outlook (USD Billion, 2018-2032)

    • Slabs
    • Hot-Rolled Coil
    • Cold-Rolled Coil
    • Sheets & Strips
    • Tinplate
    • Coated Steel

    Flat Steel End Use Industry Outlook (USD Billion, 2018-2032)

    • Building & Construction
    • Automotive & Transportation
    • Machinery
    • Electronics
    • Consumer Goods & Appliances
    • Oil & Gas
    • Energy

    Flat Steel Regional Outlook (USD Billion, 2018-2032)

    • North America Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • US Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Canada Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

    • Europe Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Germany Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • France Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • UK Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Italy Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Spain Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Rest Of Europe Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

    • Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • China Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Japan Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • India Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Australia Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

    • Rest of the World Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Middle East Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Africa Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy

      • Latin America Outlook (USD Billion, 2018-2032)

      • Flat Steel by End Use Industry
        • Slabs
        • Hot-Rolled Coil
        • Cold-Rolled Coil
        • Sheets & Strips
        • Tinplate
        • Coated Steel
      • Flat Steel by End Use Industry
        • Building & Construction
        • Automotive & Transportation
        • Machinery
        • Electronics
        • Consumer Goods & Appliances
        • Oil & Gas
        • Energy
    Infographic

    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Related Reports

    Global Reports
    Regional Reports
    Country Reports

    Customer Strories

    Watch Video

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Jongwon Byun

    Director, Research Operations
    Case Study

    Smartphone Motherboard Parts Manufacturing Research

    Smartphone Motherboard Parts Manufacturing Research