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United States of America (USA) Steel Market to 2027

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    Report

  • 49 Pages
  • December 2023
  • Region: United States
  • MarketLine
  • ID: 5928153
Description Jump to:
Steel in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The steel market consists of the production of crude steel in the stated country or region.
  • The US captured the largest share of the North American steel market, accounting for a share of 72.3% in 2022.
  • The US steel market had total revenues of $92.6 billion in 2022, representing a compound annual growth rate (CAGR) of 8.2% between 2017 and 2022.
  • Market production volumes declined with a negative CAGR of 0.3% between 2017 and 2022, to reach a total of 80,535.4 thousand tonnes in 2022.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in the United States
  • Leading company profiles reveal details of key steel market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States steel market with five year forecasts

Reasons to Buy

  • What was the size of the United States steel market by value in 2022?
  • What will be the size of the United States steel market in 2027?
  • What factors are affecting the strength of competition in the United States steel market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United States's steel market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the key players in this sector?
7.2. What strengths and strategies of the market players?
7.3. Have there been any recent developments in the market?
7.4. What are the challenges faced by the players in the market?
8 Company Profiles
8.1. ArcelorMittal SA
8.2. United States Steel Corporation
8.3. Steel Dynamics Inc
8.4. Nucor Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United States steel market value: $ million, 2017-22
Table 2: United States steel market volume: thousand tonnes, 2017-22
Table 3: United States steel market geography segmentation: $ million, 2022
Table 4: United States steel market value forecast: $ million, 2022-27
Table 5: United States steel market volume forecast: thousand tonnes, 2022-27
Table 6: ArcelorMittal SA: key facts
Table 7: ArcelorMittal SA: Annual Financial Ratios
Table 8: ArcelorMittal SA: Key Employees
Table 9: ArcelorMittal SA: Key Employees Continued
Table 10: ArcelorMittal SA: Key Employees Continued
Table 11: United States Steel Corporation: key facts
Table 12: United States Steel Corporation: Annual Financial Ratios
Table 13: United States Steel Corporation: Key Employees
Table 14: United States Steel Corporation: Key Employees Continued
Table 15: Steel Dynamics Inc: key facts
Table 16: Steel Dynamics Inc: Annual Financial Ratios
Table 17: Steel Dynamics Inc: Key Employees
Table 18: Nucor Corp: key facts
Table 19: Nucor Corp: Annual Financial Ratios
Table 20: Nucor Corp: Key Employees
Table 21: Nucor Corp: Key Employees Continued
Table 22: United States size of population (million), 2018-22
Table 23: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 24: United States gdp (current prices, $ billion), 2018-22
Table 25: United States inflation, 2018-22
Table 26: United States consumer price index (absolute), 2018-22
Table 27: United States exchange rate, 2018-22
List of Figures
Figure 1: United States steel market value: $ million, 2017-22
Figure 2: United States steel market volume: thousand tonnes, 2017-22
Figure 3: United States steel market geography segmentation: % share, by value, 2022
Figure 4: United States steel market value forecast: $ million, 2022-27
Figure 5: United States steel market volume forecast: thousand tonnes, 2022-27
Figure 6: Forces driving competition in the steel market in the United States, 2022
Figure 7: Drivers of buyer power in the steel market in the United States, 2022
Figure 8: Drivers of supplier power in the steel market in the United States, 2022
Figure 9: Factors influencing the likelihood of new entrants in the steel market in the United States, 2022
Figure 10: Factors influencing the threat of substitutes in the steel market in the United States, 2022
Figure 11: Drivers of degree of rivalry in the steel market in the United States, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ArcelorMittal SA
  • United States Steel Corporation
  • Steel Dynamics Inc
  • Nucor Corp

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