Middle East & Africa Hot Rolled Coil Steel Market Size & Outlook
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MEA hot rolled coil steel market highlights
- The MEA hot rolled coil steel market generated a revenue of USD 15,716.5 million in 2024.
- The market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
- In terms of segment, greater than 3mm was the largest revenue generating thickness in 2024.
- Less than or equal to 3mm is the most lucrative thickness segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 15,716.5 million |
| Market revenue in 2030 | USD 17,906.3 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Greater than 3mm |
| Fastest growing segment | Less than or equal to 3mm |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than or equal to 3mm, Greater than 3mm |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global hot rolled coil steel market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 302,557.7 million by 2030.
Key Regions: UAE , U.S. , Japan , Brazil , Saudi Arabia
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Hot Rolled Coil Steel Market Scope
Hot Rolled Coil Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Shougang Group Co, Ltd. | View profile | - | Beijing, Beijing, China, Asia | http://shougang.com.cn/en/ehtml/index.html |
| Hesteel | View profile | 1001-5000 | Shijiazhuang, Hebei, China, Asia | http://www.hbisco.com/site/en/index.html |
| Benxi Steel | View profile | 10001+ | Benxi, Liaoning, China, Asia | http://www.bxsteel.com/ |
| JFE Steel | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | https://www.jfe-steel.co.jp/en |
| Nucor Corporation | View profile | 10001+ | Charlotte, North Carolina, United States, North America | http://www.nucor.com |
| Tata Steel | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.tatasteel.com |
| ArcelorMittal | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | https://corporate.arcelormittal.com/ |
| China Baowu Steel Group | View profile | 1001-5000 | Shanghai, Shanghai, China, Asia | http://www.baowugroup.com |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
Middle East & Africa hot rolled coil steel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hot rolled coil steel market will help companies and investors design strategic landscapes.
Greater than 3mm was the largest segment with a revenue share of 60.48% in 2024. Horizon Databook has segmented the Middle East & Africa hot rolled coil steel market based on less than or equal to 3mm, greater than 3mm covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of hot rolled coil steel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hot rolled coil steel market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hot rolled coil steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hot rolled coil steel market size, by country, 2018-2030 (US$M)
Middle East & Africa Hot Rolled Coil Steel Market Outlook Share, 2024 & 2030 (US$M)
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