Key Highlights
- Steel market includes the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
- The US steel market recorded revenues of $69.7 billion in 2024, representing a compound annual growth rate (CAGR) of 0.1% between 2019 and 2024.
- Market production volumes declined with a negative CAGR of 2.0% between 2019 and 2024, reaching a total of 79.5 million tonnes in 2024.
- The US accounted for the largest share of 75.5% of the North American steel market in 2024.
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 2024?
- What will be the size of the United States steel market in 2029?
- 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
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- United States Steel Corp
- ArcelorMittal SA
- Steel Dynamics Inc
- Nucor Corp

