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United States of America (USA) Steel Market Summary, Competitive Analysis and Forecast to 2026

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    Report

  • 53 Pages
  • January 2023
  • Region: United States
  • MarketLine
  • ID: 5781873
Steel in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). 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 steel market had total revenues of $141.2 billion in 2021, representing a compound annual growth rate (CAGR) of 21% between 2016 and 2021.
  • Market consumption volume increased with a CAGR of 1.8% between 2016 and 2021, to reach a total of 85.8 million tons in 2021.
  • The US market accounts for 8.0%, in terms of value, of global market value in 2021, growing at a high rate than Europe and Asia-Pacific during the past five years.

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 2021?
  • What will be the size of the United States steel market in 2026?
  • 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 State'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 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 is the rationale for recent M&A activity?
8 Company Profiles
8.1. ArcelorMittal SA
8.2. United States Steel Corporation
8.3. Nucor Corp
8.4. Steel Dynamics Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the analyst
List of Tables
Table 1: United States steel market value: $ billion, 2016-21
Table 2: United States steel market volume: million tons, 2016-21
Table 3: United States steel market geography segmentation: $ billion, 2021
Table 4: United States steel market value forecast: $ billion, 2021-26
Table 5: United States steel market volume forecast: million tons, 2021-26
Table 6: United States steel market share: % share, by volume, 2021
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 (contd.)
Table 11: ArcelorMittal SA: Key Employees (contd.)
Table 12: United States Steel Corporation: key facts
Table 13: United States Steel Corporation: Annual Financial Ratios
Table 14: United States Steel Corporation: Key Employees
Table 15: United States Steel Corporation: Key Employees (contd.)
Table 16: Nucor Corp: key facts
Table 17: Nucor Corp: Annual Financial Ratios
Table 18: Nucor Corp: Key Employees
Table 19: Nucor Corp: Key Employees (contd.)
Table 20: Steel Dynamics Inc: key facts
Table 21: Steel Dynamics Inc: Annual Financial Ratios
Table 22: Steel Dynamics Inc: Key Employees
Table 23: Steel Dynamics Inc: Key Employees (contd.)
Table 24: United States size of population (million), 2017-21
Table 25: United States gdp (constant 2005 prices, $ billion), 2017-21
Table 26: United States gdp (current prices, $ billion), 2017-21
Table 27: United States inflation, 2017-21
Table 28: United States consumer price index (absolute), 2017-21
Table 29: United States exchange rate, 2017-21
List of Figures
Figure 1: United States steel market value: $ billion, 2016-21
Figure 2: United States steel market volume: million tons, 2016-21
Figure 3: United States steel market geography segmentation: % share, by value, 2021
Figure 4: United States steel market value forecast: $ billion, 2021-26
Figure 5: United States steel market volume forecast: million tons, 2021-26
Figure 6: Forces driving competition in the steel market in the United States, 2021
Figure 7: Drivers of buyer power in the steel market in the United States, 2021
Figure 8: Drivers of supplier power in the steel market in the United States, 2021
Figure 9: Factors influencing the likelihood of new entrants in the steel market in the United States, 2021
Figure 10: Factors influencing the threat of substitutes in the steel market in the United States, 2021
Figure 11: Drivers of degree of rivalry in the steel market in the United States, 2021
Figure 12: United States steel market share: % share, by volume, 2021

Companies Mentioned (Partial List)

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

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