Oman Long Steel Products Market Size & Outlook, 2025-2030
Global Market
Related Markets
Oman long steel products market highlights
- The Oman long steel products market generated a revenue of USD 551.3 million in 2023 and is expected to reach USD 695.8 million by 2030.
- The Oman market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, rebars was the largest revenue generating product in 2023.
- Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.
Long steel products market data book summary
| Market revenue in 2023 | USD 551.3 million |
| Market revenue in 2030 | USD 695.8 million |
| Growth rate | 3.4% (CAGR from 2024 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Wire Rods |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Oman accounted for 0.1% of the global long steel products market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia long steel products market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5,997.8 million by 2030.
Oman is a significant producer of steel in the Middle East with several companies involved in the production of steel products. The demand for long steel in Oman has been increasing due to the growth of infrastructure & construction sector. One of the major steel producers in Oman is Jindal Shadeed Iron and Steel, a subsidiary of the Indian company Jindal Steel and Power.
Jindal Shadeed operates a state-of-the-art integrated steel plant in Sohar, Oman, with a production capacity of 2 million tons per annum (MTPA). The company produces a wide range of steel products including rebars, wire rods, and billets.
Another major steel producer is Oman Steel Factory (OSF), which produces high-quality steel rebars and wire rods. OSF's plant is in Sohar and has a production capacity of 240,000 tons per annum.
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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/ |
Oman 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.
Rebars was the largest segment with a revenue share of 46.76% in 2023.
Horizon Databook has segmented the Oman long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Oman is a significant producer of steel in the Middle East with several companies involved in the production of steel products. The demand for long steel in Oman has been increasing due to the growth of infrastructure & construction sector. One of the major steel producers in Oman is Jindal Shadeed Iron and Steel, a subsidiary of the Indian company Jindal Steel and Power.
Jindal Shadeed operates a state-of-the-art integrated steel plant in Sohar, Oman, with a production capacity of 2 million tons per annum (MTPA). The company produces a wide range of steel products including rebars, wire rods, and billets.
Another major steel producer is Oman Steel Factory (OSF), which produces high-quality steel rebars and wire rods. OSF's plant is in Sohar and has a production capacity of 240,000 tons per annum.
- Oman Long Steel Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Rebars
- Wire Rods
- Sections
- Tubes
- Oman 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 country-level data and insights on the Oman Long Steel Products Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Oman Long Steel Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Oman Long Steel Products Market, 2018-2030 (US$M)
Oman long steel products market statistics, by product, 2018-2030 (US$M)
