Global Steel Round Bars Sales Market Report 2023

Market Analysis and Insights: Global Steel Round Bars Market

Steel round bars refer to long-solid steel bars with the circular cross-section. Diameter is one of specifications and expressed in millimeters (mm).

Steel round bars include hot-rolled, forged and cold-rolled steel bars.

Due to the COVID-19 pandemic, the global Steel Round Bars market size is estimated to be worth US$ 43950 million in 2022 and is forecast to a readjusted size of US$ 57240 million by 2029 with a CAGR of 3.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Hot-Rolled Steel Round Bars accounting for % of the Steel Round Bars global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Transportation and Automotive segment is altered to an % CAGR throughout this forecast period.

The technical barriers of steel round bars are relatively low, resulting in low level concentration degree. There are numerous enterprises in the market, and larger companies in in Europe steel round bars market include Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal. Central Europe is the largest producer and consumer, more than 28% on production and consumption share.

Global Steel Round Bars Scope and Market Size

The global Steel Round Bars market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Steel Round Bars market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Hot-Rolled Steel Round Bars

Cold-Rolled Steel Round Bars

Forged Steel Round Bars


Segment by Application


Transportation and Automotive

Industrial Application

Construction

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


ArcelorMittal

NSSMC

Shandong Iron& Steel

CITIC Special Steel

Lingyuan Iron& Steel

Jiangsu Shagang Group

Hanggang

Georgsmarienhütte GmbH

Riva Group

Grupo Simec

Tata Steel

Sandvik Materials Technology

JFE Steel

Sidenor

OVAKO

Saarstahl

Dongbei Special Steel

Outokumpu

SCHMOLZ+BICKENBACH

Steel Annahütte

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