장형 철강 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 프로세스별, 제품 유형별, 최종 사용자 산업별, 지역별, 경쟁(2021-2031년)

The Global Long Steel Market is projected to expand significantly, growing from USD 48.25 Billion in 2025 to USD 62.91 Billion by 2031, demonstrating a compound annual growth rate of 4.52%. Long steel products, including rebars, wire rods, rails, and sections, are crucial for the construction and heavy engineering sectors. This market expansion is primarily driven by persistent global demand for infrastructure development, such as railway networks, bridges, and residential housing projects, fueled by rapid urbanization, particularly in emerging economies. For instance, India's steel demand was forecast to grow by approximately 9% in 2025 due to substantial infrastructure investments, while in July 2024, the Government of India increased its capital expenditure for infrastructure by 11.1% to 11,11,111 crore rupees. Simultaneously, accelerating urbanization and residential construction, evidenced by the United States' construction spending reaching an annual rate of 2,148.4 billion dollars in June 2024, further solidifies demand for reinforcing and merchant bars. However, a significant impediment to this growth is the high volatility of raw material prices, notably for iron ore and ferrous scrap. These unpredictable fluctuations, often influenced by geopolitical tensions and supply chain disruptions, create financial uncertainty for construction firms, complicate long-term project planning, and compress producer margins. This instability hinders consistent pricing strategies, threatens the overall stability of the global supply chain, and has contributed to projections of global steel demand remaining flat with zero percent growth, reaching approximately 1,749 million tonnes by October 2025, despite specific sector expansions.

Market Driver

The rapid expansion of global transport and utility infrastructure serves as a primary catalyst for the long steel market, directly necessitating high-volume production of rails, heavy sections, and wire rods. Governments worldwide are prioritizing the modernization of logistics networks, such as railway corridors and bridges, which act as the backbone for economic acceleration and industrial connectivity. This strategic focus translates into sustained procurement orders for long steel products, insulating manufacturers from volatility in other sectors. The scale of this investment is substantial; for example, the Government of India increased the capital expenditure outlay for infrastructure development by 11.1 percent to 11,11,111 crore rupees in the Union Budget 2024-25. Such significant capital allocation ensures a steady baseline of consumption for structural steel components, reinforcing the sector's dependence on public works and civil engineering projects. Accelerating urbanization and residential construction in both emerging and developed economies further solidifies the demand for long steel, specifically reinforcing bars and merchant bars used in housing. As population centers densify, the requirement for vertical expansion in residential complexes and commercial real estate drives the consumption of tensile steel essential for concrete reinforcement. This segment remains resilient due to the continuous need for new housing stock and the retrofitting of existing commercial structures. According to the U.S. Census Bureau, in August 2024, construction spending in the United States reached a seasonally adjusted annual rate of 2,148.4 billion dollars, reflecting strong activity that underpins steel usage. However, producers must navigate broader economic shifts, as the World Steel Association forecast global steel demand to contract slightly by 0.9 percent to 1,751 Mt in 2024, suggesting that while specific sectors grow, the aggregate market faces macroeconomic headwinds.

Market Challenge

The high volatility of raw material prices, particularly for iron ore and ferrous scrap, constitutes a substantial impediment to the expansion of the Global Long Steel Market. Manufacturers of elongated steel forms, such as rebars and rails, face significant challenges in maintaining stable pricing mechanisms when input costs exhibit sharp and unpredictable fluctuations. This instability creates a precarious financial environment for construction firms and infrastructure developers, who rely on predictable costs to execute long-term heavy engineering projects. Consequently, the inability to accurately forecast expenses forces these stakeholders to delay procurement decisions or scale back planned infrastructure initiatives to mitigate the risks associated with sudden capital expenditure spikes. Furthermore, this erratic pricing environment severely compresses producer margins, limiting their capacity to sustain consistent production levels. As manufacturers struggle to absorb escalating costs or pass them on to price-sensitive buyers, the overall market volume stagnates. The tangible impact of these adverse conditions is evident in recent industry performance metrics: according to the World Steel Association, in October 2025, global steel demand was projected to remain flat with zero percent growth, reaching approximately 1,749 million tonnes, confirming that these operational pressures are directly restricting broader market development.

Market Trends

A fundamental structural shift is underway in the long steel industry toward electric arc furnace (EAF) steelmaking, driven by a global prioritization of decarbonization. Manufacturers are increasingly adopting EAF technology, which utilizes scrap to produce rebars and sections with a significantly lower carbon footprint compared to traditional blast furnace routes. This transition is backed by substantial capital allocations, exemplified by Tata Steel's £1.25 billion investment to convert its Port Talbot steelworks to EAF technology in September 2024, aiming to meet stringent environmental regulations and rising customer demand for sustainable building materials while also offering greater operational flexibility. Concurrently, the implementation of carbon border adjustment mechanisms (CBAMs) by governments is reshaping global supply chains. These measures are designed to prevent carbon leakage and protect domestic producers from imports originating in regions with less rigorous environmental standards, thereby fostering a regionalization of supply. Such regulations compel exporters to meticulously document the embodied carbon in long products, which introduces additional compliance costs and modifies competitive landscapes. This is particularly relevant given persistent import pressures, like the European Union's historically high share of imports in apparent consumption at 27% in the fourth quarter of 2023, prompting manufacturers to re-evaluate and align their export strategies with markets that have compatible regulatory frameworks.

Key Market Players

• ArcelorMittal
• JFE Steel Corporation
• Joseph T. Ryerson & Son, Inc.
• Emirates Rebar Limited
• Emsteel
• Rak Steel FZE LLC
• Union Iron & Steel
• AlRahed Group

Report Scope

In this report, the Global Long Steel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Long Steel Market, By Process

• Basic Oxygen Furnace
• Electric Arc Furnace

Long Steel Market, By Product Type

• Rebar
• Merchant Bar
• Wire Rod
• Rail

Long Steel Market, By End-User Industry

• Construction
• Infrastructure
• Others

Long Steel Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Long Steel Market.

Available Customizations:

Global Long Steel Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Long Steel Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Process (Basic Oxygen Furnace, Electric Arc Furnace)
  • 5.2.2. By Product Type (Rebar, Merchant Bar, Wire Rod, Rail)
  • 5.2.3. By End-User Industry (Construction, Infrastructure, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Long Steel Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Process
  • 6.2.2. By Product Type
  • 6.2.3. By End-User Industry
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Long Steel Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Process
      • 6.3.1.2.2. By Product Type
      • 6.3.1.2.3. By End-User Industry
  • 6.3.2. Canada Long Steel Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Process
      • 6.3.2.2.2. By Product Type
      • 6.3.2.2.3. By End-User Industry
  • 6.3.3. Mexico Long Steel Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Process
      • 6.3.3.2.2. By Product Type
      • 6.3.3.2.3. By End-User Industry

7. Europe Long Steel Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Process
  • 7.2.2. By Product Type
  • 7.2.3. By End-User Industry
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Long Steel Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Process
      • 7.3.1.2.2. By Product Type
      • 7.3.1.2.3. By End-User Industry
  • 7.3.2. France Long Steel Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Process
      • 7.3.2.2.2. By Product Type
      • 7.3.2.2.3. By End-User Industry
  • 7.3.3. United Kingdom Long Steel Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Process
      • 7.3.3.2.2. By Product Type
      • 7.3.3.2.3. By End-User Industry
  • 7.3.4. Italy Long Steel Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Process
      • 7.3.4.2.2. By Product Type
      • 7.3.4.2.3. By End-User Industry
  • 7.3.5. Spain Long Steel Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Process
      • 7.3.5.2.2. By Product Type
      • 7.3.5.2.3. By End-User Industry

8. Asia Pacific Long Steel Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Process
  • 8.2.2. By Product Type
  • 8.2.3. By End-User Industry
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Long Steel Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Process
      • 8.3.1.2.2. By Product Type
      • 8.3.1.2.3. By End-User Industry
  • 8.3.2. India Long Steel Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Process
      • 8.3.2.2.2. By Product Type
      • 8.3.2.2.3. By End-User Industry
  • 8.3.3. Japan Long Steel Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Process
      • 8.3.3.2.2. By Product Type
      • 8.3.3.2.3. By End-User Industry
  • 8.3.4. South Korea Long Steel Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Process
      • 8.3.4.2.2. By Product Type
      • 8.3.4.2.3. By End-User Industry
  • 8.3.5. Australia Long Steel Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Process
      • 8.3.5.2.2. By Product Type
      • 8.3.5.2.3. By End-User Industry

9. Middle East & Africa Long Steel Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Process
  • 9.2.2. By Product Type
  • 9.2.3. By End-User Industry
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Long Steel Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Process
      • 9.3.1.2.2. By Product Type
      • 9.3.1.2.3. By End-User Industry
  • 9.3.2. UAE Long Steel Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Process
      • 9.3.2.2.2. By Product Type
      • 9.3.2.2.3. By End-User Industry
  • 9.3.3. South Africa Long Steel Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Process
      • 9.3.3.2.2. By Product Type
      • 9.3.3.2.3. By End-User Industry

10. South America Long Steel Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Process
  • 10.2.2. By Product Type
  • 10.2.3. By End-User Industry
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Long Steel Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Process
      • 10.3.1.2.2. By Product Type
      • 10.3.1.2.3. By End-User Industry
  • 10.3.2. Colombia Long Steel Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Process
      • 10.3.2.2.2. By Product Type
      • 10.3.2.2.3. By End-User Industry
  • 10.3.3. Argentina Long Steel Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Process
      • 10.3.3.2.2. By Product Type
      • 10.3.3.2.3. By End-User Industry

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Long Steel Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. ArcelorMittal
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. JFE Steel Corporation
• 15.3. Joseph T. Ryerson & Son, Inc.
• 15.4. Emirates Rebar Limited
• 15.5. Emsteel
• 15.6. Rak Steel FZE LLC
• 15.7. Union Iron & Steel
• 15.8. AlRahed Group

16. Strategic Recommendations

17. About Us & Disclaimer