+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Steel Top 5 Emerging Markets Industry Guide 2020-2029

  • PDF Icon

    Report

  • 293 Pages
  • August 2025
  • Region: Global
  • MarketLine
  • ID: 5312168
The Emerging 5 Steel industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • These countries contributed $9,11,078.9 million to the global steel industry in 2024, with a compound annual growth rate (CAGR) of 6.1% between 2007 and 2011. The top 5 emerging countries are expected to reach a value of $10,59,231.6 million in 2029, with a CAGR of 3.1% over the 2024-29 period.
  • Within the steel industry, China is the leading country among the top 5 emerging nations, with market revenues of $7,56,772.8 million in 2024. This was followed by India and Brazil with a value of $1,11,504.0 and $27.00 billion, respectively.
  • China is expected to lead the steel industry in the top five emerging nations, with a value of $8,72,386.5 million in 2029, followed by India and Brazil with expected values of $1,36,032.1 and $32.58 billion, respectively.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the emerging five steel market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging five steel market
  • Leading company profiles reveal details of key steel market players’ emerging five operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the emerging five steel market with five year forecasts by both value and volume
  • Compares data from Brazil, China, India, Mexico and South Africa, alongside individual chapters on each country

Reasons to Buy

  • What was the size of the emerging five steel market by value in 2024?
  • What will be the size of the emerging five steel market in 2029?
  • What factors are affecting the strength of competition in the emerging five steel market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the emerging five steel market?

Table of Contents

1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 Top 5 Emerging Countries Steel
2.1. Industry Outlook
3 Steel in South Africa
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Steel in Brazil
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Steel in China
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Steel in India
9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
10 Macroeconomic Indicators
10.1. Country data
11 Steel in Mexico
11.1. Market Overview
11.2. Market Data
11.3. Market Segmentation
11.4. Market outlook
11.5. Five forces analysis
12 Macroeconomic Indicators
12.1. Country data
13 Company Profiles
13.1. China Baowu Steel Group Corp Ltd
13.2. ArcelorMittal SA
13.3. Ansteel Group Corp Ltd
13.4. Nippon Steel Corp
13.5. JSW Steel Ltd
13.6. Tata Steel Ltd
13.7. ThyssenKrupp AG
13.8. Tata Steel Europe Ltd
13.9. Grupo Celsa
13.10. Aperam SA
13.11. Vallourec SA
13.12. Salzgitter AG
13.13. Saarstahl AG
13.14. BlueScope Steel Ltd
13.15. Liberty Steel Group
13.16. Bisalloy Steel Group Ltd
13.17. Gerdau SA
13.18. Companhia Siderurgica Nacional
13.19. Usinas Siderurgicas de Minas Gerais SA
13.20. Stelco Holdings Inc
13.21. Evraz Plc
13.22. HBIS Group Co Ltd
13.23. Jiangsu Shagang Group Co Ltd
13.24. Anshan Iron and Steel Group Co Ltd
13.25. Steel Authority of India Ltd
13.26. Jindal Steel Ltd
13.27. PT Krakatau Steel Persero Tbk
13.28. PT Gunung Raja Paksi Tbk
13.29. PT Steel Pipe Industry of Indonesia Tbk
13.30. Marcegaglia Steel SpA
13.31. Arvedi Group
13.32. Danieli & C. Officine Meccaniche SpA
13.33. JFE Holdings Inc
13.34. Kobe Steel Ltd
13.35. Industrias CH SAB de CV
13.36. Ternium SA
13.37. Altos Hornos de Mexico SAB de CV
13.38. Van Merksteijn International BV
13.39. United States Steel Corp
13.40. Nucor Corp
13.41. Steel Dynamics Inc
13.42. Magnitogorsk Metallurgicheskiy Kombinat
13.43. Severstal
13.44. Novolipetsk Steel
13.45. SSAB AB
13.46. Ovako AB
13.47. Outokumpu Oyj
13.48. BRC Asia Ltd
13.49. NatSteel Holdings Pte. Ltd.
13.50. ArcelorMittal South Africa Ltd
13.51. Evraz Highveld Steel and Vanadium Ltd
13.52. Columbus Stainless (Pty) Ltd
13.53. Scaw South Africa (Pty Ltd)
13.54. POSCO Holdings Inc
13.55. Hyundai Steel Co
13.56. Dongkuk Steel Mill Co Ltd
13.57. KG Dongbu Steel Co Ltd
13.58. Acerinox SA
13.59. Eregli Demir ve Celik Fabrikalari TAS
13.60. Icdas Celik Enerji Tersane ve Ulasim Sanayi AS
13.61. Tosyali Holding AS
13.62. British Steel Ltd
14 Appendix
14.1. Methodology
14.2. About the Publisher
List of Tables
Table 1: Top 5 emerging countries steel industry, revenue ($m), 2020-29
Table 2: Top 5 emerging countries steel industry, revenue ($m), 2020-24
Table 3: Top 5 emerging countries steel industry forecast, revenue ($m), 2024-29
Table 4: South Africa steel market value: $ million, 2019-24
Table 5: South Africa steel market volume: thousand tonnes, 2019-24
Table 6: South Africa steel market geography segmentation: $ million, 2024
Table 7: South Africa steel market value forecast: $ million, 2024-29
Table 8: South Africa steel market volume forecast: thousand tonnes, 2024-29
Table 9: South Africa Size of Population (Million), 2020-24
Table 10: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 11: South Africa GDP (Current Prices, $ Billion), 2020-24
Table 12: South Africa Inflation, 2020-24
Table 13: South Africa Consumer Price Index (Absolute), 2020-24
Table 14: South Africa Exchange Rate, 2019-24
Table 15: Brazil steel market value: $ million, 2019-24
Table 16: Brazil steel market volume: thousand tonnes, 2019-24
Table 17: Brazil steel market geography segmentation: $ million, 2024
Table 18: Brazil steel market value forecast: $ million, 2024-29
Table 19: Brazil steel market volume forecast: thousand tonnes, 2024-29
Table 20: Brazil Size of Population (Million), 2020-24
Table 21: Brazil Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Brazil GDP (Current Prices, $ Billion), 2020-24
Table 23: Brazil Inflation, 2020-24
Table 24: Brazil Consumer Price Index (Absolute), 2020-24
Table 25: Brazil Exchange Rate, 2019-24
Table 26: China steel market value: $ million, 2019-24
Table 27: China steel market volume: thousand tonnes, 2019-24
Table 28: China steel market geography segmentation: $ million, 2024
Table 29: China steel market value forecast: $ million, 2024-29
Table 30: China steel market volume forecast: thousand tonnes, 2024-29
Table 31: China Size of Population (Million), 2020-24
Table 32: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 33: China GDP (Current Prices, $ Billion), 2020-24
Table 34: China Inflation, 2020-24
Table 35: China Consumer Price Index (Absolute), 2020-24
Table 36: China Exchange Rate, 2019-24
Table 37: India steel market value: $ million, 2019-24
Table 38: India steel market volume: thousand tonnes, 2019-24
Table 39: India steel market geography segmentation: $ million, 2024
Table 40: India steel market value forecast: $ million, 2024-29
Table 41: India steel market volume forecast: thousand tonnes, 2024-29
Table 42: India Size of Population (Million), 2020-24
Table 43: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 44: India GDP (Current Prices, $ Billion), 2020-24
Table 45: India Inflation, 2020-24
Table 46: India Consumer Price Index (Absolute), 2020-24
Table 47: India Exchange Rate, 2019-24
Table 48: Mexico steel market value: $ million, 2019-24
Table 49: Mexico steel market volume: thousand tonnes, 2019-24
Table 50: Mexico steel market geography segmentation: $ million, 2024
Table 51: Mexico steel market value forecast: $ million, 2024-29
Table 52: Mexico steel market volume forecast: thousand tonnes, 2024-29
Table 53: Mexico Size of Population (Million), 2020-24
Table 54: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 55: Mexico GDP (Current Prices, $ Billion), 2020-24
Table 56: Mexico Inflation, 2020-24
Table 57: Mexico Consumer Price Index (Absolute), 2020-24
Table 58: Mexico Exchange Rate, 2019-24
Table 59: China Baowu Steel Group Corp Ltd: Key Facts
Table 60: China Baowu Steel Group Corp Ltd: Key Employees
Table 61: ArcelorMittal SA: Key Facts
Table 62: ArcelorMittal SA: Annual Financial Ratios
Table 63: ArcelorMittal SA: Key Employees
Table 64: ArcelorMittal SA: Key Employees Continued
Table 65: Ansteel Group Corp Ltd: Key Facts
Table 66: Ansteel Group Corp Ltd: Key Employees
Table 67: Nippon Steel Corp: Key Facts
Table 68: Nippon Steel Corp: Annual Financial Ratios
Table 69: Nippon Steel Corp: Key Employees
Table 70: Nippon Steel Corp: Key Employees Continued
Table 71: JSW Steel Ltd: Key Facts
Table 72: JSW Steel Ltd: Annual Financial Ratios
Table 73: JSW Steel Ltd: Key Employees
Table 74: JSW Steel Ltd: Key Employees Continued
Table 75: Tata Steel Ltd: Key Facts
Table 76: Tata Steel Ltd: Annual Financial Ratios
Table 77: Tata Steel Ltd: Key Employees
Table 78: ThyssenKrupp AG: Key Facts
Table 79: ThyssenKrupp AG: Annual Financial Ratios
Table 80: ThyssenKrupp AG: Key Employees
Table 81: Tata Steel Europe Ltd: Key Facts
Table 82: Tata Steel Europe Ltd: Key Employees
Table 83: Grupo Celsa: Key Facts
Table 84: Grupo Celsa: Key Employees
Table 85: Aperam SA: Key Facts
Table 86: Aperam SA: Annual Financial Ratios
Table 87: Aperam SA: Key Employees
Table 88: Vallourec SA: Key Facts
Table 89: Vallourec SA: Annual Financial Ratios
Table 90: Vallourec SA: Key Employees
Table 91: Salzgitter AG: Key Facts
Table 92: Salzgitter AG: Annual Financial Ratios
Table 93: Salzgitter AG: Key Employees
Table 94: Saarstahl AG: Key Facts
Table 95: Saarstahl AG: Key Employees
Table 96: BlueScope Steel Ltd: Key Facts
Table 97: BlueScope Steel Ltd: Annual Financial Ratios
Table 98: BlueScope Steel Ltd: Key Employees
Table 99: Liberty Steel Group: Key Facts
Table 100: Liberty Steel Group: Key Employees
Table 101: Bisalloy Steel Group Ltd: Key Facts
Table 102: Bisalloy Steel Group Ltd: Annual Financial Ratios
Table 103: Bisalloy Steel Group Ltd: Key Employees
Table 104: Gerdau SA: Key Facts
Table 105: Gerdau SA: Annual Financial Ratios
Table 106: Gerdau SA: Key Employees
Table 107: Companhia Siderurgica Nacional: Key Facts
Table 108: Companhia Siderurgica Nacional: Annual Financial Ratios
Table 109: Companhia Siderurgica Nacional: Key Employees
Table 110: Usinas Siderurgicas de Minas Gerais SA: Key Facts
Table 111: Usinas Siderurgicas de Minas Gerais SA: Annual Financial Ratios
Table 112: Usinas Siderurgicas de Minas Gerais SA: Key Employees
List of Figures
Figure 1: Top 5 emerging countries steel industry, revenue ($m), 2020-29
Figure 2: Top 5 emerging countries steel industry, revenue ($m), 2020-24
Figure 3: Top 5 emerging countries steel industry forecast, revenue ($m), 2024-29
Figure 4: South Africa steel market value: $ million, 2019-24
Figure 5: South Africa steel market volume: thousand tonnes, 2019-24
Figure 6: South Africa steel market geography segmentation: % share, by value, 2024
Figure 7: South Africa steel market value forecast: $ million, 2024-29
Figure 8: South Africa steel market volume forecast: thousand tonnes, 2024-29
Figure 9: Forces driving competition in the steel market in South Africa, 2024
Figure 10: Drivers of buyer power in the steel market in South Africa, 2024
Figure 11: Drivers of supplier power in the steel market in South Africa, 2024
Figure 12: Factors influencing the likelihood of new entrants in the steel market in South Africa, 2024
Figure 13: Factors influencing the threat of substitutes in the steel market in South Africa, 2024
Figure 14: Drivers of degree of rivalry in the steel market in South Africa, 2024
Figure 15: Brazil steel market value: $ million, 2019-24
Figure 16: Brazil steel market volume: thousand tonnes, 2019-24
Figure 17: Brazil steel market geography segmentation: % share, by value, 2024
Figure 18: Brazil steel market value forecast: $ million, 2024-29
Figure 19: Brazil steel market volume forecast: thousand tonnes, 2024-29
Figure 20: Forces driving competition in the steel market in Brazil, 2024
Figure 21: Drivers of buyer power in the steel market in Brazil, 2024
Figure 22: Drivers of supplier power in the steel market in Brazil, 2024
Figure 23: Factors influencing the likelihood of new entrants in the steel market in Brazil, 2024
Figure 24: Factors influencing the threat of substitutes in the steel market in Brazil, 2024
Figure 25: Drivers of degree of rivalry in the steel market in Brazil, 2024
Figure 26: China steel market value: $ million, 2019-24
Figure 27: China steel market volume: thousand tonnes, 2019-24
Figure 28: China steel market geography segmentation: % share, by value, 2024
Figure 29: China steel market value forecast: $ million, 2024-29
Figure 30: China steel market volume forecast: thousand tonnes, 2024-29
Figure 31: Forces driving competition in the steel market in China, 2024
Figure 32: Drivers of buyer power in the steel market in China, 2024
Figure 33: Drivers of supplier power in the steel market in China, 2024
Figure 34: Factors influencing the likelihood of new entrants in the steel market in China, 2024
Figure 35: Factors influencing the threat of substitutes in the steel market in China, 2024
Figure 36: Drivers of degree of rivalry in the steel market in China, 2024
Figure 37: India steel market value: $ million, 2019-24
Figure 38: India steel market volume: thousand tonnes, 2019-24
Figure 39: India steel market geography segmentation: % share, by value, 2024
Figure 40: India steel market value forecast: $ million, 2024-29
Figure 41: India steel market volume forecast: thousand tonnes, 2024-29
Figure 42: Forces driving competition in the steel market in India, 2024
Figure 43: Drivers of buyer power in the steel market in India, 2024
Figure 44: Drivers of supplier power in the steel market in India, 2024
Figure 45: Factors influencing the likelihood of new entrants in the steel market in India, 2024
Figure 46: Factors influencing the threat of substitutes in the steel market in India, 2024
Figure 47: Drivers of degree of rivalry in the steel market in India, 2024
Figure 48: Mexico steel market value: $ million, 2019-24
Figure 49: Mexico steel market volume: thousand tonnes, 2019-24
Figure 50: Mexico steel market geography segmentation: % share, by value, 2024
Figure 51: Mexico steel market value forecast: $ million, 2024-29
Figure 52: Mexico steel market volume forecast: thousand tonnes, 2024-29
Figure 53: Forces driving competition in the steel market in Mexico, 2024
Figure 54: Drivers of buyer power in the steel market in Mexico, 2024
Figure 55: Drivers of supplier power in the steel market in Mexico, 2024
Figure 56: Factors influencing the likelihood of new entrants in the steel market in Mexico, 2024
Figure 57: Factors influencing the threat of substitutes in the steel market in Mexico, 2024
Figure 58: Drivers of degree of rivalry in the steel market in Mexico, 2024

Companies Mentioned (Partial List)

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

  • Acerinox SA
  • Altos Hornos de Mexico SAB de CV
  • Anshan Iron and Steel Group Co Ltd
  • Ansteel Group Corp Ltd
  • Aperam SA
  • ArcelorMittal SA
  • ArcelorMittal South Africa Ltd
  • Arvedi Group
  • Bisalloy Steel Group Ltd
  • BlueScope Steel Ltd
  • BRC Asia Ltd
  • British Steel Ltd
  • China Baowu Steel Group Corp Ltd
  • Columbus Stainless (Pty) Ltd
  • Companhia Siderurgica Nacional
  • Danieli & C. Officine Meccaniche SpA
  • Dongkuk Steel Mill Co Ltd
  • Eregli Demir ve Celik Fabrikalari TAS
  • Evraz Highveld Steel and Vanadium Ltd
  • Evraz Plc
  • Gerdau SA
  • Grupo Celsa
  • HBIS Group Co Ltd
  • Hyundai Steel Co
  • Icdas Celik Enerji Tersane ve Ulasim Sanayi AS
  • Industrias CH SAB de CV
  • JFE Holdings Inc
  • Jiangsu Shagang Group Co Ltd
  • Jindal Steel Ltd
  • JSW Steel Ltd
  • KG Dongbu Steel Co Ltd
  • Kobe Steel Ltd
  • Liberty Steel Group
  • Magnitogorsk Metallurgicheskiy Kombinat
  • Marcegaglia Steel SpA
  • NatSteel Holdings Pte. Ltd.
  • Nippon Steel Corp
  • Novolipetsk Steel
  • Nucor Corp
  • Outokumpu Oyj
  • Ovako AB
  • POSCO Holdings Inc
  • PT Gunung Raja Paksi Tbk
  • PT Krakatau Steel Persero Tbk
  • PT Steel Pipe Industry of Indonesia Tbk
  • Saarstahl AG
  • Salzgitter AG
  • Scaw South Africa (Pty Ltd)
  • Severstal
  • SSAB AB
  • Steel Authority of India Ltd
  • Steel Dynamics Inc
  • Stelco Holdings Inc
  • Tata Steel Europe Ltd
  • Tata Steel Ltd
  • Ternium SA
  • ThyssenKrupp AG
  • Tosyali Holding AS
  • United States Steel Corp
  • Usinas Siderurgicas de Minas Gerais SA
  • Vallourec SA
  • Van Merksteijn International BV