Research Summary
Crude steel, also known as raw steel or pig iron, is an intermediate product of the steelmaking process. It is produced by melting iron ore, coke, and limestone in a blast furnace, where the impurities are removed through chemical reactions and high-temperature processes. Crude steel contains a mixture of iron, carbon, and other elements, but it still retains significant impurities. To obtain the final steel product with specific properties and grades, the crude steel undergoes further refining processes, such as oxygen blowing or electric arc furnaces, to adjust its composition and remove unwanted elements. Once refined, steel can be cast into various shapes, rolled into sheets, or formed into other products for use in construction, automotive, machinery, and countless other industries due to its strength, versatility, and wide range of applications.
According to DIResearch's in-depth investigation and research, the global Crude Steel market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Crude Steel include China Baowu Group, ArcelorMittal S.A., Hesteel Group, Shagang Group, POSCO, Nippon Steel, Ansteel Group, Jianlong Heavy Industry Group, Shougang Group, Shandong Steel Group, Delong Steel Group, Tata Steel, Valin Group, JFE Group, Nucor Corporation, Hyundai Steel, Fangda Steel, IMIDRO, Benxi Steel, Liuzhou Steel, Jingye Steel, Novolipetsk Steel, Baotou Iron & Steel, SAIL, JSW Steel, Rizhao Steel, Sinogiant Group, China Steel Corporation, CITIC Pacific, EVRAZ etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Crude Steel. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Crude Steel market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Crude Steel market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Crude Steel industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Crude Steel Include:
China Baowu Group
ArcelorMittal S.A.
Hesteel Group
Shagang Group
POSCO
Nippon Steel
Ansteel Group
Jianlong Heavy Industry Group
Shougang Group
Shandong Steel Group
Delong Steel Group
Tata Steel
Valin Group
JFE Group
Nucor Corporation
Hyundai Steel
Fangda Steel
IMIDRO
Benxi Steel
Liuzhou Steel
Jingye Steel
Novolipetsk Steel
Baotou Iron & Steel
SAIL
JSW Steel
Rizhao Steel
Sinogiant Group
China Steel Corporation
CITIC Pacific
EVRAZ
Crude Steel Product Segment Include:
Fully Deoxidized Steel
Semi Deoxidized Steel
Not Deoxidized Steel
Crude Steel Product Application Include:
Construction
Automotive
Transportation
Energy
Packaging
Tools and Machinery
Consumer Appliances
Metal Product
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Crude Steel Capacity and Production Analysis
Chapter 3: Global Crude Steel Industry PESTEL Analysis
Chapter 4: Global Crude Steel Industry Porter's Five Forces Analysis
Chapter 5: Global Crude Steel Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Crude Steel Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Crude Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Crude Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Crude Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Crude Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Crude Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Crude Steel Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Crude Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
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