Steel in North America - Market Summary, Competitive Analysis and Forecast to 2025

Steel in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). 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 North American steel market had total revenues of $74.6bn in 2020, representing a compound annual growth rate (CAGR) of 1% between 2016 and 2020.
Market production volumes declined with a CARC of -2.2% between 2016 and 2020, to reach a total of 100.5 million tons in 2020.
The market grew strongly in 2017 and 2018, largely due to growth in the construction and automotive industries.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in North America
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 North America steel market with five year forecasts

Reasons to Buy

What was the size of the North America steel market by value in 2020?
What will be the size of the North America steel market in 2025?
What factors are affecting the strength of competition in the North America steel market?
How has the market performed over the last five years?
What are the main segments that make up North America's steel market?

Frequently Asked Questions about the Steel Market in North America

What is the estimated value of the Steel Market in North America?

The Steel Market in North America was estimated to be valued at $74.6 billion in 2020.

What is the growth rate of the Steel Market in North America?

The growth rate of the Steel Market in North America is 7.1%, with an estimated value of $105.53 billion by 2025.

What is the forecasted size of the Steel Market in North America?

The Steel Market in North America is estimated to be worth $105.53 billion by 2025.

Who are the key companies in the Steel Market in North America?

Key companies in the Steel Market in North America include ArcelorMittal SA, United States Steel Corporation, Nucor Corp and Gerdau Long Steel North America.

Report Attribute	Details
No. of Pages	49
Published	January 2022
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 74.6 billion
Forecasted Market Value ( USD ) by 2025	$ 105.53 billion
Compound Annual Growth Rate	7.1%
Regions Covered	North America

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 share
1.7. Market rivalry
1.8. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. How did the COVID-19 pandemic affect the industry?
7.5. What are the most recent developments of leading players?

8 Company Profiles

8.1. ArcelorMittal SA
8.2. United States Steel Corporation
8.3. Nucor Corp
8.4. Gerdau Long Steel North America

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: North America steel market value: $ billion, 2016-20
Table 2: North America steel market volume: million tons, 2016-20
Table 3: North America steel market geography segmentation: $ billion, 2020
Table 4: North America steel market value forecast: $ billion, 2020-25
Table 5: North America steel market volume forecast: million tons, 2020-25
Table 6: North America steel market share: % share, by volume, 2020
Table 7: ArcelorMittal SA: key facts
Table 8: ArcelorMittal SA: Annual Financial Ratios
Table 9: ArcelorMittal SA: Key Employees
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: Nucor Corp: key facts
Table 16: Nucor Corp: Annual Financial Ratios
Table 17: Nucor Corp: Key Employees
Table 18: Nucor Corp: Key Employees Continued
Table 19: Gerdau Long Steel North America: key facts
Table 20: Gerdau Long Steel North America: Key Employees
Table 21: North America exchange rate, 2016-20

List of Figures

Figure 1: North America steel market value: $ billion, 2016-20
Figure 2: North America steel market volume: million tons, 2016-20
Figure 3: North America steel market geography segmentation: % share, by value, 2020
Figure 4: North America steel market value forecast: $ billion, 2020-25
Figure 5: North America steel market volume forecast: million tons, 2020-25
Figure 6: Forces driving competition in the steel market in North America, 2020
Figure 7: Drivers of buyer power in the steel market in North America, 2020
Figure 8: Drivers of supplier power in the steel market in North America, 2020
Figure 9: Factors influencing the likelihood of new entrants in the steel market in North America, 2020
Figure 10: Factors influencing the threat of substitutes in the steel market in North America, 2020
Figure 11: Drivers of degree of rivalry in the steel market in North America, 2020
Figure 12: North America steel market share: % share, by volume, 2020