North America Long Steel Products Market Size & Outlook
Global Market
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North America long steel products market highlights
- The North America long steel products market generated a revenue of USD 70,741.7 million in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, tubes was the largest revenue generating product in 2023.
- Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 70,741.7 million |
| Market revenue in 2030 | USD 92,754.2 million |
| Growth rate | 3.9% (CAGR from 2024 to 2030) |
| Largest segment | Tubes |
| Fastest growing segment | Wire Rods |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rebars, Wire Rods, Sections, Tubes |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, Jindal Stainless, Emirates Steel, Arabian Gulf Steel Industries, Hamriyah Steel, Rajhi Steel, Union Iron & Steel, Watania Steel |
Other key industry trends
- In terms of revenue, North America region accounted for 10.0% of the global long steel products market in 2023.
- 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 698,480.4 million by 2030.
The demand for long steel products in North America picked up pace in 2021, after the dip in 2020. This was driven by surged construction and infrastructure development projects in the region. The demand for long steel products in the region is influenced by numerous factors such as population growth, economic growth, construction activities, and infrastructure investments.
Additionally, their demand is also impacted by the price and availability of other construction materials such as concrete and wood. Several companies have invested in the production of long steel products in the region with some expanding their existing steel manufacturing facilities and others setting up new plants.
For instance, Nucor Corporation, one of the largest steel producers in the U.S., has been investing increasingly in the production of long steel products in North America by establishing several new plants for manufacturing long steel products in the region.
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Publish Date: May 06, 2026
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Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ArcelorMittal SA Depository Receipt | View profile | 126,756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | www.arcelormittal.com |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | www.jindalstainless.com/ |
| Emirates Steel | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.emiratessteel.com/ |
| Arabian Gulf Steel Industries | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.agsi.ae/ |
| Hamriyah Steel | View profile | 101-250 | Hamriyah, Sharjah, United Arab Emirates, Asia | www.hamriyahsteel.ae |
| Rajhi Steel | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | www.rajhisteel.com |
| Union Iron & Steel | View profile | 101-250 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.uis-uae.com |
| Watania Steel | View profile | - | Al Kharj, Ar Riyad, Saudi Arabia, Asia | www.wataniasteel.com/ |
North America Long Steel Products 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 Long Steel Products Market Outlook will help companies and investors design strategic landscapes.
Tubes was the largest segment with a revenue share of 40.77% in 2023.
Horizon Databook has segmented the North America long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for long steel products in North America picked up pace in 2021, after the dip in 2020. This was driven by surged construction and infrastructure development projects in the region. The demand for long steel products in the region is influenced by numerous factors such as population growth, economic growth, construction activities, and infrastructure investments.
Additionally, their demand is also impacted by the price and availability of other construction materials such as concrete and wood. Several companies have invested in the production of long steel products in the region with some expanding their existing steel manufacturing facilities and others setting up new plants.
For instance, Nucor Corporation, one of the largest steel producers in the U.S., has been investing increasingly in the production of long steel products in North America by establishing several new plants for manufacturing long steel products in the region.
- North America Long Steel Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Rebars
- Wire Rods
- Sections
- Tubes
- North America Long Steel Products Market End-Use Outlook (Revenue, USD Million , 2018-2030)
- Building & Construction
- Automotive & Aerospace
- Railways & Highways
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Long Steel Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Long Steel Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Long Steel Products Market, 2018-2030 (US$M)
North America long steel products market statistics, by product, 2018-2030 (US$M)
