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US Flat Rolled Stainless Steel Market
ID: MRFR/CnM/13002-HCR
200 Pages
April 2025
US Flat Steel Market US Flat Steel Market Research Report: By Product Type (Slabs, Hot-Rolled Coil, Cold-Rolled Coil, Sheets & Strips, Tinplate, Coated Steel) and By End Use Industry (Building & Construction, Automotive & Transportation, Machinery, Electronics, Consumer Goods & Appliances, Oil & Gas, Energy) - Forecast to 2035
Industry Developments
The US Flat Steel Market has seen significant recent developments, particularly with companies such as Nucor and Steel Dynamics advancing production capabilities to cater to rising domestic demand. In October 2023, United States Steel announced plans to invest heavily in greener production technologies as part of its sustainability initiative, responding to increased pressure for environmentally friendly practices. Furthermore, Cleveland-Cliffs has expanded its footprint by announcing the acquisition of a nearby facility to bolster its operational capacity. There has also been notable activity in the mergers and acquisitions sector; for instance, in August 2023, Gerdau Ameristeel completed a strategic acquisition to enhance its long-term output efficiency. The market valuation across these companies has shown growth, attributed to heightened demand from the construction and automotive sectors, positively impacting overall steel production. Over the past three years, the US flat steel sector witnessed fluctuating prices due to global supply chain disruptions caused by the pandemic, yet the trajectory appears to be improving as demand stabilizes. Additionally, major projects in infrastructure announced by the US government are expected to further stimulate market growth and investment in the flat steel sector.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 94.32(USD Billion) |
| MARKET SIZE 2024 | 103.98(USD Billion) |
| MARKET SIZE 2035 | 195.79(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.922% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Nucor, ArcelorMittal, United States Steel, ClevelandCliffs, Newcore Steel, Grede Holdings, Steel Dynamics, Tenaris, Gerdau Ameristeel, AJOT, Commercial Metals Company, Carpenter Technology, Valmont Industries, Marmon Holdings, Republic Steel |
| SEGMENTS COVERED | Product Type, End Use Industry |
| KEY MARKET OPPORTUNITIES | Rising demand in automotive sector, Growth in construction activities, Shift towards lightweight materials, Increasing use in renewable energy, Advanced manufacturing technologies adoption |
| KEY MARKET DYNAMICS | rising demand from construction industry, fluctuating raw material prices, increasing competition from imports, advancements in manufacturing technologies, environmental regulations and sustainability initiatives |
| COUNTRIES COVERED | US |
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