아시아태평양의 광업 철강 산업 시장 : 최종 용도별, 생산 수법별, 최종 제품별, 국가별 - 분석과 예측(2025-2035년)

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Introduction to Asia-Pacific Mining Steel Industry Market

The Asia-Pacific mining steel industry market was valued at $677.7 billion in 2024 and is projected to grow at a CAGR of 4.31%, reaching $1,085.6 billion by 2035. The expanding infrastructure, automotive, and construction industries are fuelling the APAC steel market's surge due to the region's fast urbanisation and industrialisation. Decarbonisation is being accelerated by the region's effort for greener steelmaking, which embraces electric-arc furnaces (EAF), hydrogen-based direct reduced iron (DRI), and renewable energy integration. To fulfil demand, investments in supply chains for raw materials are increasing, from the transportation of iron ore in Australia to the procurement of coking coal in India. Cost competitiveness and emissions reductions are further improved by technological advancements in DRI process electrification and EAF efficiency. APAC is positioned to take the lead in low-carbon, energy-efficient steel and sustainable mining worldwide as governments and industry develop green-steel financing frameworks and roadmaps.

Market Introduction

The mining steel sector in the Asia-Pacific (APAC) region is expanding rapidly, supported by increased manufacturing production in China, India, Southeast Asia, and Australia, as well as significant urbanisation and infrastructure investment. Upstream increase in iron ore, coal, and metallurgical raw materials is being driven by the demand for steel-intensive projects, such as high-speed rail networks, smart city developments, and renewable energy installations. Steel producers are rushing to lower their carbon footprints at the same time. Production footprints are changing due to hydrogen-based direct reduced iron (DRI) processes, electric-arc furnaces (EAF) driven by expanding scrap sources, and renewable energy integration.

Operations are also being transformed by digitalisation and automation: IoT sensors and predictive maintenance platforms optimise mill throughput and reduce unexpected downtime, while AI-driven geology and mine-planning tools improve resource recovery. As miners and steel makers establish joint ventures to obtain feedstock, expedite logistics, and protect against commodity price volatility, regional supply-chain integration is becoming more and more integrated. However, the industry continues to confront obstacles like as fluctuations in the price of raw materials, infrastructural shortages in developing nations, and stricter environmental, social, and governance (ESG) laws. The foundation for a more competitive and sustainable APAC mining-steel complex in the next ten years is being laid by governments through carbon-pricing schemes, low-emissions finance frameworks, and incentives for green-steel initiatives.

Market Segmentation

Segmentation 1: by End-Use Application

• Transportation (Automotive and Other Transportation)
• Building, Construction, and Infrastructure
• Consumer Goods and Appliances
• Industrial Equipment and Manufacturing
• Packaging
• Others

Segmentation 2: by Production Methodology

• Blast Furnace-Basic Oxygen Furnace (BF-BOF)
• Direct Reduced Iron - Electric Arc Furnace (DRI-EAF)
• Other Emerging Technologies

Segmentation 3: by End Products

• Carbon Steel
• Alloy Steel
• Stainless Steel
• High-Strength Steel
• Others

Segmentation 4: by Region

• Asia-Pacific: China, Japan, India, South Korea, Australia, and Rest-of-Asia-Pacific

APAC Mining Steel Industry Market Trends, Drivers and Challenges

Trends

• Green-steel and decarbonization: Rapid uptake of electric-arc furnaces (EAFs) and hydrogen-based direct reduced iron (DRI) to lower CO2 emissions.
• Digitalization & automation: Deployment of AI-driven mine planning, IoT-enabled asset monitoring, and "smart mills" to boost operational efficiency.
• Regional supply-chain integration: Closer coordination between iron-ore miners and steelmakers-especially in Australia, India, and Southeast Asia-to secure feedstock and stabilize costs.
• EAF-scrap circularity: Growing scrap collection and recycling networks in urban APAC centers support more flexible, lower-capex EAF steel production.
• Consolidation & M&A: Larger players acquiring upstream mining assets or downstream rolling mills to capture value across the value chain.

Drivers

• Infrastructure & urbanization: Continued government spending on transport, housing, and utilities in India, ASEAN, and China fuels long-term steel demand.
• Automotive & white-goods growth: Rising consumer incomes and electrification trends drive higher-quality steel consumption for EVs and appliances.
• Policy incentives: Carbon-pricing schemes, tax rebates for low-carbon projects, and resource-nation mining royalties shape investment decisions.
• Cost-efficiency pressures: Volatile coal and iron-ore prices push firms to adopt energy-efficient technologies and vertical integration.

Challenges

• Raw-material volatility: Iron-ore, coking-coal, and natural-gas price swings erode margins and complicate long-term planning.
• Regulatory & ESG scrutiny: Stricter environmental standards, community-land disputes, and lender ESG policies can delay projects and raise funding costs.
• Infrastructure bottlenecks: Inadequate rail, port, and power in emerging APAC markets hamper mine-to-mill throughput.
• Overcapacity risk: China's steel surplus and intermittent export restrictions create pricing uncertainty for regional producers.
• Skill & safety gaps: Recruiting skilled technicians for automated operations and maintaining safety standards in remote mining sites remain persistent hurdles.

How can this report add value to an organization?

Product/Innovation Strategy: The APAC mining steel industry market is segmented based on various applications, production methodology, and end-products, which provides valuable insights. By end-use application segment includes transportation (automotive and other transportation), building, construction, and infrastructure, consumer goods and appliances, industrial equipment and manufacturing, packaging, and others. By production methodology, the market is categorized into a blast furnace-basic oxygen furnace (BF-BOF), direct reduced iron-electric arc furnace (DRI-EAF), and other emerging technologies. Lastly, the end products include carbon steel, alloy steel, stainless steel, high-strength steel, and others.

Growth/Marketing Strategy: The APAC mining steel industry market has been growing. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development.

Competitive Strategy: The key players in the APAC mining steel industry market analyzed and profiled in the study include professionals with expertise in the mining and steel industry. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled in the Asia-Pacific mining steel industry market have been selected based on inputs gathered from primary experts who have analyzed company coverage, product portfolio, and market penetration.

Some of the prominent names in this market are:

• NIPPON STEEL CORPORATION
• China Ansteel Group Corporation Limited
• China Jianlong Steel Industriai Co Ltd.
• Tata Steel
• JSW
• JFE Steel Corporation
• Shandong Lenser materials Co.,LTD.
• HYUNDAI STEEL
• Jindal Steel & Power Limited
• SAIL

Table of Contents

Executive Summary

Scope and Definition

1 Markets

• 1.1 Trends: Current and Future Impact Assessment
  • 1.1.1 Automation in Mining and Steel Production Processes
  • 1.1.2 Increased Demand from Emerging Markets
• 1.2 Supply Chain Overview
  • 1.2.1 Value Chain Analysis
    • 1.2.1.1 Key Iron Ore Producing Nations and Mining Capacity
    • 1.2.1.2 Key Coking Coal Exporting Nations
  • 1.2.2 Supply Chain Constraints
  • 1.2.3 Impact of Geopolitical Issues on Steel Production
  • 1.2.4 Pricing Analysis
  • 1.2.5 Market Map (Stakeholder Mapping across Value Chain)
• 1.3 Patent Filing Trend (by Country, Company)
• 1.4 Market Dynamics Overview
  • 1.4.1 Market Drivers
    • 1.4.1.1 Urbanization and Infrastructure Growth
    • 1.4.1.2 Public-Private Investments in Infrastructure
  • 1.4.2 Market Restraints
    • 1.4.2.1 Volatility in Raw Material Prices
    • 1.4.2.2 Geopolitical and Trade Tensions
  • 1.4.3 Market Opportunities
    • 1.4.3.1 Growing Demand for Specialty Steel Products
    • 1.4.3.2 Technological Innovation in Steelmaking
• 1.5 Steel Production Scenario
  • 1.5.1 Production Capacity Outlook (2024-2034)
  • 1.5.2 Regulatory Landscape
  • 1.5.3 Stakeholder Analysis
  • 1.5.4 Installed Capacity by Production Process (Blast Furnace-BOF and DRI-EAF)
  • 1.5.5 Upcoming Projects and Capacity Additions (2025-2035)
  • 1.5.6 Ongoing Investments
  • 1.5.7 Scrap Recycling Market Overview
  • 1.5.8 Emission Reduction Initiatives (Mining Steel Industry Transition)
• 1.6 Green-Steel Market Outlook
  • 1.6.1 Market Size and Growth Forecast (2024-2034)
  • 1.6.2 Impact of Green Steel on Conventional Steel Market
  • 1.6.3 Challenges and Enablers for Green-Steel Adoption

2 Regions

• 2.1 Regional Summary
• 2.2 Asia-Pacific
  • 2.2.1 Markets
    • 2.2.1.1 Key Market Participants in Asia-Pacific
    • 2.2.1.2 Driving Factors for Market Growth
    • 2.2.1.3 Factors Challenging the Market
  • 2.2.2 Application
  • 2.2.3 Product
  • 2.2.4 Mining-Steel Industry Production Scenario
  • 2.2.5 Asia-Pacific (by Country)
    • 2.2.5.1 China
      • 2.2.5.1.1 Application
      • 2.2.5.1.2 Product
      • 2.2.5.1.3 Installed Capacity and Production by Process
        • 2.2.5.1.3.1 Upcoming Projects
        • 2.2.5.1.3.2 Ongoing Investments
        • 2.2.5.1.3.3 Scrap Recycling Overview
      • 2.2.5.1.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap)
        • 2.2.5.1.4.1 Consumption by Key Companies
        • 2.2.5.1.4.2 Import Locations/Countries
    • 2.2.5.2 Japan
      • 2.2.5.2.1 Application
      • 2.2.5.2.2 Product
      • 2.2.5.2.3 Installed Capacity and Production by Process
        • 2.2.5.2.3.1 Upcoming Projects
        • 2.2.5.2.3.2 Ongoing Investments
        • 2.2.5.2.3.3 Scrap Recycling Overview
      • 2.2.5.2.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap)
        • 2.2.5.2.4.1 Consumption by Key Companies
        • 2.2.5.2.4.2 Import Locations/Countries
    • 2.2.5.3 India
      • 2.2.5.3.1 Application
      • 2.2.5.3.2 Product
      • 2.2.5.3.3 Installed Capacity and Production by Process
        • 2.2.5.3.3.1 Upcoming Projects
        • 2.2.5.3.3.2 Ongoing Investments
        • 2.2.5.3.3.3 Scrap Recycling Overview
      • 2.2.5.3.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap)
        • 2.2.5.3.4.1 Consumption by Key Companies
        • 2.2.5.3.4.2 Import Locations/Countries
    • 2.2.5.4 South Korea
      • 2.2.5.4.1 Application
      • 2.2.5.4.2 Product
      • 2.2.5.4.3 Installed Capacity and Production by Process
        • 2.2.5.4.3.1 Upcoming Projects
        • 2.2.5.4.3.2 Ongoing Investments
        • 2.2.5.4.3.3 Scrap Recycling Overview
      • 2.2.5.4.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap)
        • 2.2.5.4.4.1 Consumption by Key Companies
        • 2.2.5.4.4.2 Import Locations/Countries
    • 2.2.5.5 Australia
      • 2.2.5.5.1 Application
      • 2.2.5.5.2 Product
      • 2.2.5.5.3 Installed Capacity and Production by Process
        • 2.2.5.5.3.1 Upcoming Projects
        • 2.2.5.5.3.2 Ongoing Investments
        • 2.2.5.5.3.3 Scrap Recycling Overview
      • 2.2.5.5.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap)
        • 2.2.5.5.4.1 Consumption by Key Companies
        • 2.2.5.5.4.2 Import Locations/Countries
    • 2.2.5.6 Rest-of-Asia-Pacific
      • 2.2.5.6.1 Application
      • 2.2.5.6.2 Product
      • 2.2.5.6.3 Installed Capacity and Production by Process
        • 2.2.5.6.3.1 Upcoming Projects
        • 2.2.5.6.3.2 Ongoing Investments
        • 2.2.5.6.3.3 Scrap Recycling Overview
      • 2.2.5.6.4 Raw Material Analysis (Iron Ore, Coking Coal, Scrap)
        • 2.2.5.6.4.1 Consumption by Key Companies
        • 2.2.5.6.4.2 Import Locations/Countries

3 Markets - Competitive Benchmarking and Company Profiles

• 3.1 Next Frontiers
• 3.2 Geographic Assessment
• 3.3 Company Profiles
  • 3.3.1 NIPPON STEEL CORPORATION
    • 3.3.1.1 Overview
    • 3.3.1.2 Top Products/Product Portfolio
    • 3.3.1.3 Top Competitors
    • 3.3.1.4 End-Use Industry
    • 3.3.1.5 Key Personnel
    • 3.3.1.6 Analyst View
    • 3.3.1.7 Market Share, 2023
  • 3.3.2 China Ansteel Group Corporation Limited
    • 3.3.2.1 Overview
    • 3.3.2.2 Top Products/Product Portfolio
    • 3.3.2.3 Top Competitors
    • 3.3.2.4 End-Use Industry
    • 3.3.2.5 Key Personnel
    • 3.3.2.6 Analyst View
    • 3.3.2.7 Market Share, 2023
  • 3.3.3 China Jianlong Steel Industriai Co Ltd.
    • 3.3.3.1 Overview
    • 3.3.3.2 Top Products/Product Portfolio
    • 3.3.3.3 Top Competitors
    • 3.3.3.4 End-Use Industry
    • 3.3.3.5 Analyst View
    • 3.3.3.6 Market Share, 2023
  • 3.3.4 Tata Steel
    • 3.3.4.1 Overview
    • 3.3.4.2 Top Products/Product Portfolio
    • 3.3.4.3 Top Competitors
    • 3.3.4.4 End-Use Industry
    • 3.3.4.5 Key Personnel
    • 3.3.4.6 Analyst View
    • 3.3.4.7 Market Share, 2023
  • 3.3.5 JSW
    • 3.3.5.1 Overview
    • 3.3.5.2 Top Products/Product Portfolio
    • 3.3.5.3 Top Competitors
    • 3.3.5.4 End-Use Industry
    • 3.3.5.5 Key Personnel
    • 3.3.5.6 Analyst View
    • 3.3.5.7 Market Share, 2023
  • 3.3.6 JFE Steel Corporation
    • 3.3.6.1 Overview
    • 3.3.6.2 Top Products/Product Portfolio
    • 3.3.6.3 Top Competitors
    • 3.3.6.4 End-Use Industry
    • 3.3.6.5 Key Personnel
    • 3.3.6.6 Analyst View
    • 3.3.6.7 Market Share, 2023
  • 3.3.7 Shandong Lenser materials Co.,LTD.
    • 3.3.7.1 Overview
    • 3.3.7.2 Top Products/Product Portfolio
    • 3.3.7.3 Top Competitors
    • 3.3.7.4 End-Use Industry
    • 3.3.7.5 Analyst View
    • 3.3.7.6 Market Share, 2023
  • 3.3.8 HYUNDAI STEEL
    • 3.3.8.1 Overview
    • 3.3.8.2 Top Products/Product Portfolio
    • 3.3.8.3 Top Competitors
    • 3.3.8.4 End-Use Industry
    • 3.3.8.5 Key Personnel
    • 3.3.8.6 Analyst View
    • 3.3.8.7 Market Share, 2023
  • 3.3.9 Jindal Steel & Power Limited
    • 3.3.9.1 Overview
    • 3.3.9.2 Top Products/Product Portfolio
    • 3.3.9.3 Top Competitors
    • 3.3.9.4 End-Use Industry
    • 3.3.9.5 Key Personnel
    • 3.3.9.6 Analyst View
    • 3.3.9.7 Market Share, 2023
  • 3.3.10 SAIL
    • 3.3.10.1 Overview
    • 3.3.10.2 Top Products/Product Portfolio
    • 3.3.10.3 Top Competitors
    • 3.3.10.4 End-Use Industry
    • 3.3.10.5 Key Personnel
    • 3.3.10.6 Analyst View
    • 3.3.10.7 Market Share, 2023

4 Research Methodology

• 4.1 Data Sources
  • 4.1.1 Primary Data Sources
  • 4.1.2 Secondary Data Sources
  • 4.1.3 Data Triangulation
• 4.2 Market Estimation and Forecast