Global Cold Drawn Bar Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Cold Drawn Bar market size was valued at US$ 2637 million in 2024 and is forecast to a readjusted size of USD 3458 million by 2031 with a CAGR of 4.1% during review period.

Cold drawn steel bar is also known as cold finish steel bar. It is typically manufacture as turned bar or cold drawn bar. It is skilled by pulling bar through die which is portable than the arrive hot rolled size. It is produced with either hot rolled steel bar or rod as raw material through various process that starts with shot-blasting to remove scale and rust that is intrinsic in hot rolled products and would decline the surface finish of the bar if allowed to remain. Next the raw material is cold drawn through a tungsten carbide die, where its cross section is reduced and formed into the expected shape. At the initial stage, the bar is straightened and polished before it is covered with rust protective oil and then it packed for storage and delivery. Due to its increased precision and strength properties, this process is used to create a range of automotive parts, machined parts, and a variety of other precision applications.

In North America market, the key players of Cold Drawn Bar include Nucor, Ryerson Holding. The top 3 companies hold a share over 80%. United States is the largest market, with a share over 70%, followed by Mexico and Canada with the share about 15% and 10%. In terms of product, Round type is the largest segment, with a share over 60%. And in terms of application, the largest application is Automobile, with a share about 30%.

Steel prices are greatly affected by fluctuations in global iron ore and scrap steel prices. Unstable raw material prices will affect the production costs and market prices of cold-drawn steel bars. With the continuous improvement of production technology, the quality and performance of cold-drawn steel rods have been significantly improved, especially through the introduction of digital control and precision processing technology, production capacity and product consistency have also been enhanced. More and more steel production companies are turning to more environmentally friendly production methods. For example, low-carbon technology, scrap steel recycling, energy efficiency improvements, etc., these factors will shape the competitive landscape of the cold drawn steel bar market in the future.

This report is a detailed and comprehensive analysis for global Cold Drawn Bar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Shape and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Cold Drawn Bar market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Cold Drawn Bar market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Cold Drawn Bar market size and forecasts, by Shape and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Cold Drawn Bar market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cold Drawn Bar

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cold Drawn Bar market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thyssenkrupp, Baowu Steel, Nippon Steel, ArcelorMittal, Nucor, Ryerson Holding, Niagara LaSalle Corporation, Corey Steel Company, Capital Steel & Wire, Steel Dynamics, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Cold Drawn Bar market is split by Shape and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Shape, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Shape
Round Cold Drawn Bar
Square Cold Drawn Bar
HexagonCold Drawn Bar
Flat Cold Drawn Bar

Market segment by Application
Construction
Automobile
Aerospace
Machine Manufacturing
Others

Major players covered
Thyssenkrupp
Baowu Steel
Nippon Steel
ArcelorMittal
Nucor
Ryerson Holding
Niagara LaSalle Corporation
Corey Steel Company
Capital Steel & Wire
Steel Dynamics
ORI Martin Group
Ovako
Taubensee Steel & Wire Company
Northlake Steel
Sanyo Metal
Marcegaglia
Precision Kidd Steel Company
NANKAI SHAFT
Camellia Metal
Eaton Steel
Saar Blankstahl

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cold Drawn Bar product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cold Drawn Bar, with price, sales quantity, revenue, and global market share of Cold Drawn Bar from 2020 to 2025.

Chapter 3, the Cold Drawn Bar competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cold Drawn Bar breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Shape and by Application, with sales market share and growth rate by Shape, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Cold Drawn Bar market forecast, by regions, by Shape, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cold Drawn Bar.

Chapter 14 and 15, to describe Cold Drawn Bar sales channel, distributors, customers, research findings and conclusion.