Global Coil Steels market cagr 12.6%

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Coil Steels Market

Coil Steels Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Coil Steels Market Size and Growth

The Coil Steels market is poised for growth, driven by increasing automotive and construction demand. In 2023, the market size is estimated at approximately $150 billion, with a projected CAGR of 4.5% through 2028. Market conditions emphasize sustainability and technological advancements, influencing production techniques and material properties in the industry.

Companies Covered

(Covid 19 Impact Covered)

◍ ArcelorMittal

◍ Nippon

◍ POSCO

◍ JFE Steel

◍ HBIS Group

◍ Baosteel

◍ Ansteel Group

◍ Shougang Group

◍ Shagang Group

◍ JFE Steel Corporation

◍ JSW Steel

◍ Nucor Corporation

◍ Essar Steel

◍ Gerdau S.A

◍ Ternium

◍ Tata Steel

◍ Hyundai Steel Company

◍ Thyssenkrupp AG

The Coil Steels Market features key players like ArcelorMittal, Nippon Steel, and POSCO, driving growth through innovative solutions and diverse applications. These companies enhance market dynamics by offering high-strength coils for automotive, construction, and appliances. Notable sales figures include ArcelorMittal ($76.5 billion), Nucor ($26 billion), and Tata Steel ($20 billion).

Market Segmentation

By Application

Construction

Automotive

Mechanical Manufacturing

Aerospace

Others

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By Product

Hot Coil Steel

Cold Coil Stee

Market Growth

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$ X Billion USD

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