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Chemical & Material Global Flat Steel Strip Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4642356
    • |
  • 24 October, 2025
    • |
  • Global
    • |
  • 121 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Flat Steel Strip market size was valued at US$ 4991 million in 2024 and is forecast to a readjusted size of USD 7356 million by 2031 with a CAGR of 5.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Flat steel strips are narrow, flat-rolled steel products that are characterized by their rectangular shape and relatively thin cross-section. These strips are produced through hot rolling or cold rolling processes, and they are widely used in various industries for different applications due to their versatility and favorable mechanical properties.
The global flat steel strip market is a crucial sector within the larger steel industry and encompasses a wide range of products used in numerous applications across various industrial sectors. The market is influenced by factors such as economic development, infrastructure projects, automotive manufacturing, and technological advancements. Here are some key points related to the global flat steel strip market:
Market Size and Growth: The global flat steel strip market has experienced steady growth over the years, driven by the increasing demand for flat steel strips in construction, automotive, and manufacturing sectors. The market size is influenced by factors such as urbanization, industrialization, and infrastructure development.
Regional Trends: Different regions exhibit varying trends within the flat steel strip market. For example, developing regions such as Asia-Pacific have been witnessing robust growth due to rapid industrialization and infrastructure development, while mature markets in North America and Europe focus on advanced applications and technological innovations.
Market Dynamics: Fluctuations in raw material prices, trade policies, and environmental regulations significantly impact the global flat steel strip market. Additionally, changes in consumer preferences and advancements in manufacturing processes also influence market dynamics.
Application Areas: Flat steel strips find applications in a wide array of industries, including automotive, construction, infrastructure, packaging, machinery, and consumer goods. The versatility and durability of flat steel strips make them essential components in numerous products and structures.
Competitive Landscape: The global flat steel strip market is characterized by the presence of major players such as ArcelorMittal, Nippon Steel Corporation, Tata Steel, POSCO, and others. These companies compete based on product quality, technological innovation, and strategic partnerships.
Technological Advancements: Ongoing technological advancements, including improvements in production processes, surface treatments, and material compositions, continue to drive innovation in the flat steel strip market, leading to the development of new and enhanced products for diverse applications.
Sustainability and Environmental Concerns: As with the broader steel industry, sustainability and environmental impact play a significant role in shaping the future of the flat steel strip market. There is an increasing emphasis on eco-friendly production methods and the use of recycled materials to meet sustainability goals.
Market Challenges: The industry faces challenges related to overcapacity, volatile raw material prices, and global economic uncertainties. Additionally, the need to comply with stringent regulatory standards and environmental norms poses challenges for market participants.
This report is a detailed and comprehensive analysis for global Flat Steel Strip market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type 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 Flat Steel Strip market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Flat Steel Strip market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Flat Steel Strip market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Flat Steel Strip market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 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 Flat Steel Strip
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 Flat Steel Strip 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, Tata Steel, POSCO, China Baowu Steel Group Corporation Limited, Shougang Group, SSAB AB, JFE Steel Corporation, HBIS Group, Nippon Steel Corporation, ThyssenKrupp, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Flat Steel Strip market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, 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 Type
Hot-rolled Strip
Cold-rolled Strip
Galvanized Strip
Others
Market segment by Application
Building and Infrastructure
Mechanical Equipment
Automotive and Other Transport
Packaging Industry
Others
Major players covered
ArcelorMittal
Tata Steel
POSCO
China Baowu Steel Group Corporation Limited
Shougang Group
SSAB AB
JFE Steel Corporation
HBIS Group
Nippon Steel Corporation
ThyssenKrupp
Nucor Corporation
Novolipetsk Steel (NLMK)
ArcelorMittal
Outokumpu
Voestalpine AG
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 Flat Steel Strip product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Flat Steel Strip, with price, sales quantity, revenue, and global market share of Flat Steel Strip from 2020 to 2025.
Chapter 3, the Flat Steel Strip competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flat Steel Strip 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 Type and by Application, with sales market share and growth rate by Type, 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 Flat Steel Strip market forecast, by regions, by Type, 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 Flat Steel Strip.
Chapter 14 and 15, to describe Flat Steel Strip sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Flat Steel Strip Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Hot-rolled Strip
    • 1.3.3 Cold-rolled Strip
    • 1.3.4 Galvanized Strip
    • 1.3.5 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Flat Steel Strip Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Building and Infrastructure
    • 1.4.3 Mechanical Equipment
    • 1.4.4 Automotive and Other Transport
    • 1.4.5 Packaging Industry
    • 1.4.6 Others
  • 1.5 Global Flat Steel Strip Market Size & Forecast
    • 1.5.1 Global Flat Steel Strip Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Flat Steel Strip Sales Quantity (2020-2031)
    • 1.5.3 Global Flat Steel Strip Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 ArcelorMittal
    • 2.1.1 ArcelorMittal Details
    • 2.1.2 ArcelorMittal Major Business
    • 2.1.3 ArcelorMittal Flat Steel Strip Product and Services
    • 2.1.4 ArcelorMittal Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 ArcelorMittal Recent Developments/Updates
  • 2.2 Tata Steel
    • 2.2.1 Tata Steel Details
    • 2.2.2 Tata Steel Major Business
    • 2.2.3 Tata Steel Flat Steel Strip Product and Services
    • 2.2.4 Tata Steel Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Tata Steel Recent Developments/Updates
  • 2.3 POSCO
    • 2.3.1 POSCO Details
    • 2.3.2 POSCO Major Business
    • 2.3.3 POSCO Flat Steel Strip Product and Services
    • 2.3.4 POSCO Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 POSCO Recent Developments/Updates
  • 2.4 China Baowu Steel Group Corporation Limited
    • 2.4.1 China Baowu Steel Group Corporation Limited Details
    • 2.4.2 China Baowu Steel Group Corporation Limited Major Business
    • 2.4.3 China Baowu Steel Group Corporation Limited Flat Steel Strip Product and Services
    • 2.4.4 China Baowu Steel Group Corporation Limited Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 China Baowu Steel Group Corporation Limited Recent Developments/Updates
  • 2.5 Shougang Group
    • 2.5.1 Shougang Group Details
    • 2.5.2 Shougang Group Major Business
    • 2.5.3 Shougang Group Flat Steel Strip Product and Services
    • 2.5.4 Shougang Group Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Shougang Group Recent Developments/Updates
  • 2.6 SSAB AB
    • 2.6.1 SSAB AB Details
    • 2.6.2 SSAB AB Major Business
    • 2.6.3 SSAB AB Flat Steel Strip Product and Services
    • 2.6.4 SSAB AB Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 SSAB AB Recent Developments/Updates
  • 2.7 JFE Steel Corporation
    • 2.7.1 JFE Steel Corporation Details
    • 2.7.2 JFE Steel Corporation Major Business
    • 2.7.3 JFE Steel Corporation Flat Steel Strip Product and Services
    • 2.7.4 JFE Steel Corporation Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 JFE Steel Corporation Recent Developments/Updates
  • 2.8 HBIS Group
    • 2.8.1 HBIS Group Details
    • 2.8.2 HBIS Group Major Business
    • 2.8.3 HBIS Group Flat Steel Strip Product and Services
    • 2.8.4 HBIS Group Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 HBIS Group Recent Developments/Updates
  • 2.9 Nippon Steel Corporation
    • 2.9.1 Nippon Steel Corporation Details
    • 2.9.2 Nippon Steel Corporation Major Business
    • 2.9.3 Nippon Steel Corporation Flat Steel Strip Product and Services
    • 2.9.4 Nippon Steel Corporation Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Nippon Steel Corporation Recent Developments/Updates
  • 2.10 ThyssenKrupp
    • 2.10.1 ThyssenKrupp Details
    • 2.10.2 ThyssenKrupp Major Business
    • 2.10.3 ThyssenKrupp Flat Steel Strip Product and Services
    • 2.10.4 ThyssenKrupp Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 ThyssenKrupp Recent Developments/Updates
  • 2.11 Nucor Corporation
    • 2.11.1 Nucor Corporation Details
    • 2.11.2 Nucor Corporation Major Business
    • 2.11.3 Nucor Corporation Flat Steel Strip Product and Services
    • 2.11.4 Nucor Corporation Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Nucor Corporation Recent Developments/Updates
  • 2.12 Novolipetsk Steel (NLMK)
    • 2.12.1 Novolipetsk Steel (NLMK) Details
    • 2.12.2 Novolipetsk Steel (NLMK) Major Business
    • 2.12.3 Novolipetsk Steel (NLMK) Flat Steel Strip Product and Services
    • 2.12.4 Novolipetsk Steel (NLMK) Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Novolipetsk Steel (NLMK) Recent Developments/Updates
  • 2.13 ArcelorMittal
    • 2.13.1 ArcelorMittal Details
    • 2.13.2 ArcelorMittal Major Business
    • 2.13.3 ArcelorMittal Flat Steel Strip Product and Services
    • 2.13.4 ArcelorMittal Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 ArcelorMittal Recent Developments/Updates
  • 2.14 Outokumpu
    • 2.14.1 Outokumpu Details
    • 2.14.2 Outokumpu Major Business
    • 2.14.3 Outokumpu Flat Steel Strip Product and Services
    • 2.14.4 Outokumpu Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Outokumpu Recent Developments/Updates
  • 2.15 Voestalpine AG
    • 2.15.1 Voestalpine AG Details
    • 2.15.2 Voestalpine AG Major Business
    • 2.15.3 Voestalpine AG Flat Steel Strip Product and Services
    • 2.15.4 Voestalpine AG Flat Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Voestalpine AG Recent Developments/Updates

3 Competitive Environment: Flat Steel Strip by Manufacturer

  • 3.1 Global Flat Steel Strip Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Flat Steel Strip Revenue by Manufacturer (2020-2025)
  • 3.3 Global Flat Steel Strip Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Flat Steel Strip by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Flat Steel Strip Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Flat Steel Strip Manufacturer Market Share in 2024
  • 3.5 Flat Steel Strip Market: Overall Company Footprint Analysis
    • 3.5.1 Flat Steel Strip Market: Region Footprint
    • 3.5.2 Flat Steel Strip Market: Company Product Type Footprint
    • 3.5.3 Flat Steel Strip Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Flat Steel Strip Market Size by Region
    • 4.1.1 Global Flat Steel Strip Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Flat Steel Strip Consumption Value by Region (2020-2031)
    • 4.1.3 Global Flat Steel Strip Average Price by Region (2020-2031)
  • 4.2 North America Flat Steel Strip Consumption Value (2020-2031)
  • 4.3 Europe Flat Steel Strip Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Flat Steel Strip Consumption Value (2020-2031)
  • 4.5 South America Flat Steel Strip Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Flat Steel Strip Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Flat Steel Strip Sales Quantity by Type (2020-2031)
  • 5.2 Global Flat Steel Strip Consumption Value by Type (2020-2031)
  • 5.3 Global Flat Steel Strip Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Flat Steel Strip Sales Quantity by Application (2020-2031)
  • 6.2 Global Flat Steel Strip Consumption Value by Application (2020-2031)
  • 6.3 Global Flat Steel Strip Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Flat Steel Strip Sales Quantity by Type (2020-2031)
  • 7.2 North America Flat Steel Strip Sales Quantity by Application (2020-2031)
  • 7.3 North America Flat Steel Strip Market Size by Country
    • 7.3.1 North America Flat Steel Strip Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Flat Steel Strip Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Flat Steel Strip Sales Quantity by Type (2020-2031)
  • 8.2 Europe Flat Steel Strip Sales Quantity by Application (2020-2031)
  • 8.3 Europe Flat Steel Strip Market Size by Country
    • 8.3.1 Europe Flat Steel Strip Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Flat Steel Strip Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Flat Steel Strip Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Flat Steel Strip Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Flat Steel Strip Market Size by Region
    • 9.3.1 Asia-Pacific Flat Steel Strip Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Flat Steel Strip Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Flat Steel Strip Sales Quantity by Type (2020-2031)
  • 10.2 South America Flat Steel Strip Sales Quantity by Application (2020-2031)
  • 10.3 South America Flat Steel Strip Market Size by Country
    • 10.3.1 South America Flat Steel Strip Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Flat Steel Strip Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Flat Steel Strip Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Flat Steel Strip Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Flat Steel Strip Market Size by Country
    • 11.3.1 Middle East & Africa Flat Steel Strip Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Flat Steel Strip Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Flat Steel Strip Market Drivers
  • 12.2 Flat Steel Strip Market Restraints
  • 12.3 Flat Steel Strip Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Flat Steel Strip and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Flat Steel Strip
  • 13.3 Flat Steel Strip Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Flat Steel Strip Typical Distributors
  • 14.3 Flat Steel Strip Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Flat Steel Strip. Industry analysis & Market Report on Flat Steel Strip is a syndicated market report, published as Global Flat Steel Strip Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Flat Steel Strip market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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