Global Hot Rolled Coils Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Hot Rolled Coils market size was valued at US$ 258 million in 2024 and is forecast to a readjusted size of USD 305 million by 2031 with a CAGR of 2.4% during review period.

Hot rolling is a mill process which involves rolling the steel at a high temperature (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed easily, and the steel can be made in much larger sizes. Hot rolled steel is typically cheaper than cold rolled steel due to the fact that it is often manufactured without any delays in the process, and therefore the reheating of the steel is not required (as it is with cold rolled). When the steel cools off it will shrink slightly thus giving less control on the size and shape of the finished product when compared to cold rolled.

Hot Rolled Coils refers to the rolling of flat rolled sheet and coil products.

Global Hot Rolled Coils key players include ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, etc. Global top five manufacturers hold a share over 45%.

China is the largest market, with a share over 35%, followed by North America and Europe, both have a share over 30%.

In terms of product, ≥3mm is the largest segment, with a share over 65%. And in terms of application, the largest application is Construction, followed by Transport, Energy, etc.

This report is a detailed and comprehensive analysis for global Hot Rolled Coils market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Thickness 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 Hot Rolled Coils market size and forecasts, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2020-2031

Global Hot Rolled Coils market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2020-2031

Global Hot Rolled Coils market size and forecasts, by Thickness and by Application, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2020-2031

Global Hot Rolled Coils market shares of main players, shipments in revenue ($ Million), sales quantity (M MT), and ASP (USD/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 Hot Rolled Coils

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 Hot Rolled Coils 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 ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, Tata Steel, Hesteel Group, POSCO, Nucor Corporation, Benxi Steel Group, etc.

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

Market Segmentation

Hot Rolled Coils market is split by Thickness and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Thickness, 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 Thickness
≥3mm
<3mm

Market segment by Application
Construction
Transport
Energy
Machinery
Others

Major players covered
ArcelorMittal
China Baowu Steel Group
Nippon Steel & Sumitomo Metal
JFE Steel Corporation
Ansteel Group
Tata Steel
Hesteel Group
POSCO
Nucor Corporation
Benxi Steel Group
Shougang
Shagang Group
NLMK Group
ThyssenKrupp
JSW Steel Ltd
Maanshan Steel
United States Steel Corporation
Jianlong Group
Valin Steel Group
Steel Authority of India Limited
China Steel Corporation
Hyundai Steel
Jingye Steel
Gerdau

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 Hot Rolled Coils product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hot Rolled Coils, with price, sales quantity, revenue, and global market share of Hot Rolled Coils from 2020 to 2025.

Chapter 3, the Hot Rolled Coils competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hot Rolled Coils 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 Thickness and by Application, with sales market share and growth rate by Thickness, 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 Hot Rolled Coils market forecast, by regions, by Thickness, 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 Hot Rolled Coils.

Chapter 14 and 15, to describe Hot Rolled Coils sales channel, distributors, customers, research findings and conclusion.