×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Structural Steel Market

ID: MRFR/CnM/11526-CR
100 Pages
Garvit Vyas
December 2023

US Structural Steel Market Research Report Information By Product (Heavy Sectional Steel, Light Sectional Steel, Rebar), By Application (Residential, Non-Residential, Infrastructure), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Structural Steel Market Infographic
Purchase Options

US Structural Steel Market Summary

As per Market Research Future analysis, the structural steel market size was estimated at 14.1 USD Billion in 2024. The US structural steel market is projected to grow from 15.23 USD Billion in 2025 to 32.9 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.0% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US structural steel market is poised for growth driven by sustainability and technological advancements.

  • Sustainability initiatives are increasingly shaping the structural steel market, reflecting a broader commitment to eco-friendly practices.
  • Technological advancements in manufacturing processes are enhancing efficiency and reducing costs in the structural steel sector.
  • Infrastructure investment continues to rise, particularly in urban areas, indicating a robust demand for structural steel.
  • Rising construction activities and government regulations are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 14.1 (USD Billion)
2035 Market Size 32.9 (USD Billion)
CAGR (2025 - 2035) 8.01%

Major Players

ArcelorMittal (LU), Nippon Steel Corporation (JP), Tata Steel Limited (IN), POSCO (KR), United States Steel Corporation (US), JFE Steel Corporation (JP), Thyssenkrupp AG (DE), Steel Authority of India Limited (IN), China Baowu Steel Group Corporation Limited (CN)

US Structural Steel Market Trends

The structural steel market is currently experiencing a dynamic phase characterized by evolving demand patterns and technological advancements. The construction sector, a primary consumer of structural steel, is witnessing a shift towards sustainable practices, which influences material selection and design approaches. This trend is likely driven by increasing regulatory pressures and a growing awareness of environmental impacts. As a result, manufacturers are adapting their offerings to include more eco-friendly options, which may enhance their competitive edge in the market. Moreover, the ongoing infrastructure development initiatives across various states are expected to bolster the structural steel market. Investments in transportation, energy, and public facilities are anticipated to create a robust demand for steel products. This environment suggests a potential for growth, as stakeholders seek to meet the needs of modern construction while adhering to safety and quality standards. The interplay between innovation and regulatory frameworks appears to shape the future landscape of the market, indicating a period of transformation and opportunity for industry participants.

Sustainability Initiatives

The structural steel market is increasingly influenced by sustainability initiatives. Stakeholders are prioritizing eco-friendly materials and practices, driven by regulatory requirements and consumer preferences. This shift encourages manufacturers to innovate and develop greener steel production methods, potentially reducing carbon footprints.

Technological Advancements

Technological advancements are reshaping the structural steel market. Innovations in fabrication techniques and design software enhance efficiency and precision in construction projects. These developments may lead to cost savings and improved project timelines, appealing to contractors and developers.

Infrastructure Investment

Infrastructure investment is a key driver for the structural steel market. Government initiatives aimed at upgrading transportation and public facilities are expected to create substantial demand for steel products. This trend suggests a favorable environment for growth, as projects require durable and reliable materials.

Market Segment Insights

By Product: Heavy Sectional Steel (Largest) vs. Rebar (Fastest-Growing)

The US structural steel market comprises various product segments, with Heavy Sectional Steel leading the market due to its extensive use in construction and infrastructure projects. This segment dominates with a significant share, driven by its strength and versatility in various applications. Following closely is the Rebar segment, which, while smaller, is gaining traction due to the increasing demand for reinforced concrete in residential and commercial buildings. The growth trends for the US structural steel market indicate a rising demand for Rebar, which is considered the fastest-growing segment. This surge is primarily due to heightened infrastructure development and a growing focus on sustainable construction practices. The Heavy Sectional Steel segment continues to benefit from large-scale projects, but the shift towards modern construction techniques is propelling Rebar to the forefront as contractors seek efficiency and durability in their materials.

Heavy Sectional Steel: Dominant vs. Rebar: Emerging

Heavy Sectional Steel remains the dominant segment in the US structural steel market due to its reliance in various high-load applications such as beams and columns in commercial buildings and bridges. This segment is characterized by its robust properties, making it suitable for demanding environments. On the other hand, Rebar, while emerging, displays rapid growth fueled by the rising construction of residential units and infrastructure projects. Rebar is essential for concrete reinforcement, offering improved structural integrity at competitive costs. This growing trend towards more efficient and resilient construction methods positions Rebar as a key focus for future development, complementing the established Heavy Sectional Steel segment.

By Application: Non-Residential (Largest) vs. Infrastructure (Fastest-Growing)

In the US structural steel market, the application segment is primarily dominated by the Non-Residential category, which encompasses commercial buildings, industrial facilities, and institutional structures. This segment is estimated to hold the largest market share due to the continuous demand for urban development and modernization of infrastructure. On the other hand, the Infrastructure segment, which includes bridges and highways, although currently smaller in market share, is poised for rapid growth driven by increased government spending on public works and structural maintenance in various states, enhancing its market presence over the forecast period. The growth trends within the application segment display a robust trajectory, particularly for the Infrastructure category which is emerging as the fastest-growing segment. Factors such as aging infrastructure, rising urbanization, and the need for resilient structures are propelling this growth. In contrast, the Non-Residential segment is expected to maintain its dominance but may see moderate growth rates as new construction projects are focused on sustainability and energy efficiency. Both segments are essential for the development of a robust market landscape, each contributing to the overall dynamics of the US structural steel market.

Non-Residential (Dominant) vs. Infrastructure (Emerging)

The Non-Residential segment of the US structural steel market is characterized by its wide-ranging applications in commercial and institutional projects. The demand for this segment is fueled by the rise in urban centers and the need for innovative architectural designs. This dominance is further supported by the increasing investments in commercial real estate and public institutions. Conversely, the Infrastructure segment is recognized as the emerging force, garnering attention due to heightened initiatives focused on repairing and upgrading existing structures. Factors such as regulatory policies, federal funding for transportation, and a growing emphasis on safe public infrastructure contribute to its rapid ascent. As cities evolve and infrastructure requirements change, both segments will play pivotal roles in shaping market dynamics.

Get more detailed insights about US Structural Steel Market

Key Players and Competitive Insights

The structural steel market in the US is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as ArcelorMittal (LU), United States Steel Corporation (US), and Tata Steel Limited (IN) are actively pursuing strategies that emphasize technological advancements and operational efficiencies. ArcelorMittal (LU) has been focusing on enhancing its production capabilities through digital transformation initiatives, which aim to optimize manufacturing processes and reduce environmental impact. Meanwhile, United States Steel Corporation (US) is concentrating on regional expansion and supply chain resilience, positioning itself to better serve domestic demand. Tata Steel Limited (IN) is also investing in sustainable practices, indicating a collective shift among these companies towards environmentally responsible operations, which is likely to redefine competitive dynamics in the market.

The business tactics employed by these companies reflect a trend towards localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The competitive structure of the market appears moderately fragmented, with several key players exerting influence over pricing and innovation. This fragmentation allows for a diverse range of strategies, as companies seek to differentiate themselves through unique value propositions and operational efficiencies.

In September 2025, United States Steel Corporation (US) announced a strategic partnership with a leading technology firm to develop AI-driven solutions for predictive maintenance in steel production. This initiative is expected to enhance operational efficiency and reduce downtime, thereby improving overall productivity. The strategic importance of this partnership lies in its potential to position United States Steel Corporation (US) as a leader in technological integration within the industry, which could provide a competitive edge in an increasingly digital marketplace.

In October 2025, ArcelorMittal (LU) unveiled a new line of eco-friendly steel products designed to meet the growing demand for sustainable construction materials. This move not only aligns with The structural steel market segment that is increasingly prioritizing environmentally responsible sourcing. The introduction of these products is likely to enhance ArcelorMittal's (LU) market share and reinforce its commitment to sustainability, which is becoming a critical factor in customer decision-making processes.

In November 2025, Tata Steel Limited (IN) launched a comprehensive supply chain optimization program aimed at reducing lead times and improving delivery efficiency. This initiative is particularly significant as it addresses the challenges posed by fluctuating demand and supply chain disruptions. By enhancing its logistics capabilities, Tata Steel Limited (IN) is likely to strengthen its competitive position and improve customer satisfaction, which is essential in a market where reliability is increasingly valued.

As of November 2025, current competitive trends in the structural steel market are heavily influenced by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are playing a pivotal role in shaping the landscape, enabling companies to leverage shared expertise and resources. Looking ahead, it appears that competitive differentiation will increasingly pivot from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift suggests that companies that prioritize these areas may be better positioned to thrive in the evolving market.

Key Companies in the US Structural Steel Market market include

Future Outlook

US Structural Steel Market Future Outlook

The structural steel market is projected to grow at 8.01% CAGR from 2024 to 2035, driven by infrastructure development, urbanization, and technological advancements.

New opportunities lie in:

  • Investment in advanced steel fabrication technologies
  • Expansion into renewable energy sector projects
  • Development of eco-friendly steel production methods

By 2035, the structural steel market is expected to achieve robust growth and increased market share.

Market Segmentation

US Structural Steel Market Product Outlook

  • Heavy Sectional Steel
  • Light Sectional Steel
  • Rebar

US Structural Steel Market Application Outlook

  • Residential
  • Non-Residential
  • Infrastructure

Report Scope

MARKET SIZE 202414.1(USD Billion)
MARKET SIZE 202515.23(USD Billion)
MARKET SIZE 203532.9(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.01% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["ArcelorMittal (LU)", "Nippon Steel Corporation (JP)", "Tata Steel Limited (IN)", "POSCO (KR)", "United States Steel Corporation (US)", "JFE Steel Corporation (JP)", "Thyssenkrupp AG (DE)", "Steel Authority of India Limited (IN)", "China Baowu Steel Group Corporation Limited (CN)"]
Segments CoveredProduct, Application
Key Market OpportunitiesAdoption of advanced manufacturing techniques enhances efficiency in the structural steel market.
Key Market DynamicsRising demand for sustainable construction materials drives innovation and competition in the structural steel market.
Countries CoveredUS

Leave a Comment

FAQs

What is the projected market size of the US Structural Steel Market in 2024?

The US Structural Steel Market is projected to be valued at 15.5 billion USD in 2024.

What is the expected market value of the US Structural Steel Market by 2035?

By 2035, the US Structural Steel Market is anticipated to reach a value of 30.5 billion USD.

What is the expected CAGR for the US Structural Steel Market from 2025 to 2035?

The expected compound annual growth rate for the US Structural Steel Market from 2025 to 2035 is 6.347%.

Which segment is valued highest in the US Structural Steel Market for 2024?

In 2024, the Light Sectional Steel segment is valued the highest at 6.0 billion USD.

What will be the market size of Heavy Sectional Steel by 2035?

The Heavy Sectional Steel segment is projected to be valued at 11.0 billion USD by 2035.

Which major players dominate the US Structural Steel Market?

Major players in the US Structural Steel Market include Nucor, CMC Steel, and United States Steel Corporation among others.

What is the market value of Rebar in 2024?

The Rebar segment is expected to be valued at 4.0 billion USD in the year 2024.

What applications primarily drive growth in the US Structural Steel Market?

The construction and infrastructure sectors are the primary applications driving growth in the US Structural Steel Market.

What are the growth prospects for the US Structural Steel Market post-2025?

The US Structural Steel Market is poised for significant growth, driven by a forecasted CAGR of 6.347% from 2025 to 2035.

How does the US Structural Steel Market compare regionally in terms of growth potential?

The US Structural Steel Market shows strong growth potential across various regions, particularly in areas with increasing construction activity.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions