Steel North America (NAFTA) Industry Guide 2021-2030

August 2026 | 258 pages | ID: S527E873881EN
MarketLine

Abstracts

Summary

The NAFTA Steel industry profile provides top-line qualitative and quantitative

Summary

information including: market share, market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The steel industry within the NAFTA countries had a total market value of $94,280.1 million in 2025.The US was the fastest growing country, with a CAGR of -8.8% over the 2021-25 period.
• Within the steel industry, the US is the leading country among the NAFTA bloc, with market revenues of $72,482.8 million in 2025. This was followed by Mexico and Canada, with a value of $11,969.4 and $9,827.9 million, respectively.
• The US is expected to lead the steel industry in the NAFTA bloc, with a value of $87,232.9 million in 2030, followed by Mexico and Canada with expected values of $14,265.0 and $11,425.0 million, respectively.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the NAFTA steel market
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA steel market
• Leading company profiles reveal details of key steel market players’ NAFTA operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA steel market with five year forecasts by both value and volume
• Compares data from the US, Canada and Mexico, alongside individual chapters on each country

Reasons to Buy

• What was the size of the NAFTA steel market by value in 2025?
• What will be the size of the NAFTA steel market in 2030?
• What factors are affecting the strength of competition in the NAFTA steel market?
• How has the market performed over the last five years?
• Who are the top competitors in the NAFTA steel market?

Contents

1 INTRODUCTION

1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions

2 NAFTA STEEL

2.1. Industry Outlook

3 STEEL IN CANADA

3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market Outlook
3.5. Five Forces Analysis

4 MACROECONOMIC INDICATORS

4.1. Country data

5 STEEL IN MEXICO

5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market Outlook
5.5. Five Forces Analysis

6 MACROECONOMIC INDICATORS

6.1. Country data

7 STEEL IN THE UNITED STATES

7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market Outlook
7.5. Five Forces Analysis

8 MACROECONOMIC INDICATORS

8.1. Country data

9 COMPANY PROFILES

9.1. Anshan Iron and Steel Group Co Ltd
9.2. China Baowu Steel Group Corp Ltd
9.3. ArcelorMittal SA
9.4. Nippon Steel Corp
9.5. JSW Steel Ltd
9.6. Tata Steel Ltd
9.7. Tata Steel Europe Ltd
9.8. ThyssenKrupp AG
9.9. Grupo Celsa
9.10. Vallourec SA
9.11. Aperam SA
9.12. Saarstahl AG
9.13. Salzgitter AG
9.14. Liberty Steel Group
9.15. BlueScope Steel Ltd
9.16. Bisalloy Steel Group Ltd
9.17. Gerdau SA
9.18. Companhia Siderurgica Nacional
9.19. Usinas Siderurgicas de Minas Gerais SA
9.20. Stelco Holdings Inc
9.21. Algoma Steel Group Inc
9.22. HBIS Group Co Ltd
9.23. Jiangsu Shagang Group Co Ltd
9.24. Jindal Steel Ltd
9.25. Steel Authority of India Ltd
9.26. PT Krakatau Steel Persero Tbk
9.27. PT Gunung Raja Paksi Tbk
9.28. PT Steel Pipe Industry of Indonesia Tbk
9.29. Arvedi Group
9.30. Marcegaglia Steel SpA
9.31. Danieli & C. Officine Meccaniche SpA
9.32. Kobe Steel Ltd
9.33. JFE Holdings Inc
9.34. Altos Hornos de Mexico SAB de CV
9.35. Industrias CH SAB de CV
9.36. Ternium SA
9.37. Van Merksteijn International BV
9.38. Steel Dynamics Inc
9.39. Nucor Corp
9.40. United States Steel Corp
9.41. Evraz Plc
9.42. Magnitogorsk Metallurgicheskiy Kombinat
9.43. Novolipetsk Steel
9.44. Severstal
9.45. Ovako AB
9.46. Outokumpu Oyj
9.47. SSAB AB
9.48. NatSteel Holdings Pte. Ltd.
9.49. The Japan Steel Works Ltd
9.50. BRC Asia Ltd
9.51. Evraz Highveld Steel and Vanadium Ltd
9.52. ArcelorMittal South Africa Ltd
9.53. Columbus Stainless (Pty) Ltd
9.54. Scaw South Africa (Pty Ltd)
9.55. POSCO Holdings Inc
9.56. Dongkuk Steel Mill Co Ltd
9.57. KG Dongbu Steel Co Ltd
9.58. Hyundai Steel Co
9.59. Acerinox SA
9.60. Icdas Celik Enerji Tersane ve Ulasim Sanayi AS
9.61. Tosyali Holding AS
9.62. Eregli Demir ve Celik Fabrikalari TAS
9.63. British Steel Ltd

10 APPENDIX

10.1. Methodology
10.2. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: NAFTA countries steel industry, revenue ($m), 2021-30
Table 2: NAFTA countries steel industry, revenue ($m), 2021-25
Table 3: NAFTA countries steel industry forecast, revenue ($m), 2025-30
Table 4: Canada steel market value: $ million, 2020-25
Table 5: Canada steel market volume: thousand tonnes, 2020-25
Table 6: Canada steel market geography segmentation: $ million, 2025
Table 7: Canada steel market value forecast: $ million, 2025-30
Table 8: Canada steel market volume forecast: thousand tonnes, 2025-30
Table 9: Canada Size of Population (Million), 2021-25
Table 10: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 11: Canada GDP (Current Prices, $ Billion), 2021-25
Table 12: Canada Inflation, 2021-25
Table 13: Canada Consumer Price Index (Absolute), 2021-25
Table 14: Canada Exchange Rate, 2020-25
Table 15: Mexico steel market value: $ million, 2020-25
Table 16: Mexico steel market volume: thousand tonnes, 2020-25
Table 17: Mexico steel market geography segmentation: $ million, 2025
Table 18: Mexico steel market value forecast: $ million, 2025-30
Table 19: Mexico steel market volume forecast: thousand tonnes, 2025-30
Table 20: Mexico Size of Population (Million), 2021-25
Table 21: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 22: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 23: Mexico Inflation, 2021-25
Table 24: Mexico Consumer Price Index (Absolute), 2021-25
Table 25: Mexico Exchange Rate, 2020-25
Table 26: United States steel market value: $ million, 2020-25
Table 27: United States steel market volume: thousand tonnes, 2020-25
Table 28: United States steel market geography segmentation: $ million, 2025
Table 29: United States steel market value forecast: $ million, 2025-30
Table 30: United States steel market volume forecast: thousand tonnes, 2025-30
Table 31: United States Size of Population (Million), 2021-25
Table 32: United States Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 33: United States GDP (Current Prices, $ Billion), 2021-25
Table 34: United States Inflation, 2021-25
Table 35: United States Consumer Price Index (Absolute), 2021-25
Table 36: United States Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: NAFTA countries steel industry, revenue ($m), 2021-30
Figure 2: NAFTA countries steel industry, revenue ($m), 2021-25
Figure 3: NAFTA countries steel industry forecast, revenue ($m), 2025-30
Figure 4: Canada steel market value: $ million, 2020-25
Figure 5: Canada steel market volume: thousand tonnes, 2020-25
Figure 6: Canada steel market geography segmentation: % share, by value, 2025
Figure 7: Canada steel market value forecast: $ million, 2025-30
Figure 8: Canada steel market volume forecast: thousand tonnes, 2025-30
Figure 9: Forces driving competition in the steel market in Canada, 2025
Figure 10: Drivers of buyer power in the steel market in Canada, 2025
Figure 11: Drivers of supplier power in the steel market in Canada, 2025
Figure 12: Factors influencing the likelihood of new entrants in the steel market in Canada, 2025
Figure 13: Factors influencing the threat of substitutes in the steel market in Canada, 2025
Figure 14: Drivers of degree of rivalry in the steel market in Canada, 2025
Figure 15: Mexico steel market value: $ million, 2020-25
Figure 16: Mexico steel market volume: thousand tonnes, 2020-25
Figure 17: Mexico steel market geography segmentation: % share, by value, 2025
Figure 18: Mexico steel market value forecast: $ million, 2025-30
Figure 19: Mexico steel market volume forecast: thousand tonnes, 2025-30
Figure 20: Forces driving competition in the steel market in Mexico, 2025
Figure 21: Drivers of buyer power in the steel market in Mexico, 2025
Figure 22: Drivers of supplier power in the steel market in Mexico, 2025
Figure 23: Factors influencing the likelihood of new entrants in the steel market in Mexico, 2025
Figure 24: Factors influencing the threat of substitutes in the steel market in Mexico, 2025
Figure 25: Drivers of degree of rivalry in the steel market in Mexico, 2025
Figure 26: United States steel market value: $ million, 2020-25
Figure 27: United States steel market volume: thousand tonnes, 2020-25
Figure 28: United States steel market geography segmentation: % share, by value, 2025
Figure 29: United States steel market value forecast: $ million, 2025-30
Figure 30: United States steel market volume forecast: thousand tonnes, 2025-30
Figure 31: Forces driving competition in the steel market in the United States, 2025
Figure 32: Drivers of buyer power in the steel market in the United States, 2025
Figure 33: Drivers of supplier power in the steel market in the United States, 2025
Figure 34: Factors influencing the likelihood of new entrants in the steel market in the United States, 2025
Figure 35: Factors influencing the threat of substitutes in the steel market in the United States, 2025
Figure 36: Drivers of degree of rivalry in the steel market in the United States, 2025