Western U.S. Flat Steel Market Size, Share & Trends Analysis Report By Product (Hot Rolled Coil, Coated Steel, Cold Rolled Coil), By Application (Buildings & Construction, Energy), And Segment Forecasts, 2025 - 2030
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Western U.S. Flat Steel Market Growth & Trends
The Western U.S. flat steel market size is expected t%li%reach USD 43.03 billion in 2030 and is expected t%li%grow at a CAGR of 4.9% from 2025 t%li%2030. The growth of the industry is attributed t%li%the rising infrastructural developments in the Western U.S. states, which in turn are boosting the demand for flat steel products in construction-related applications.
Flat steel is obtained after rolling steel slabs. Based on product, the market is segmented int%li%HRC, CRC, coated steel, and others and in terms of volume, HRC dominates the market. Its low cost and high strength nature make it useful in applications such as structures, closed sections, pipes, and enclosures in construction, automotive, railways, machinery, shipbuilding, and other end-use industries.
Based on application, the market is segmented int%li%building & construction, automotive & transportation, machinery & equipment, energy, and others. The automotive & transportation segment is anticipated t%li%witness rapid growth owing t%li%the recent developments in transportation facility projects along with rising investments in the automotive sector in the Western U.S. region.
For instance, in February 2022, Ford Motor Company announced its plan t%li%invest USD 20.0 billion in developing EVs. The company has planned t%li%invest USD 50.0 billion in the EV business by 2027 t%li%compete with the market players and aims t%li%manufacture 20.0 million EVs annually by 2026.
The market is competitive in nature due t%li%the presence of various small and established players. Furthermore, the shifting focus of steel companies toward a sustainable future has led them t%li%adopt new technologies t%li%optimize their production processes with improved efficiency and capacity enhancements. For instance, in January 2022, the United States Steel Corporation announced the allocation of USD 3.00 billion for its new advanced mill equipped with next-generation sustainable technology. It is located in Arkansas, Osceola near the Big River Steel plant of the company.
Western U.S. Flat Steel Market Report Highlights
Western U.S. Flat Steel Market Growth & Trends
The Western U.S. flat steel market size is expected t%li%reach USD 43.03 billion in 2030 and is expected t%li%grow at a CAGR of 4.9% from 2025 t%li%2030. The growth of the industry is attributed t%li%the rising infrastructural developments in the Western U.S. states, which in turn are boosting the demand for flat steel products in construction-related applications.
Flat steel is obtained after rolling steel slabs. Based on product, the market is segmented int%li%HRC, CRC, coated steel, and others and in terms of volume, HRC dominates the market. Its low cost and high strength nature make it useful in applications such as structures, closed sections, pipes, and enclosures in construction, automotive, railways, machinery, shipbuilding, and other end-use industries.
Based on application, the market is segmented int%li%building & construction, automotive & transportation, machinery & equipment, energy, and others. The automotive & transportation segment is anticipated t%li%witness rapid growth owing t%li%the recent developments in transportation facility projects along with rising investments in the automotive sector in the Western U.S. region.
For instance, in February 2022, Ford Motor Company announced its plan t%li%invest USD 20.0 billion in developing EVs. The company has planned t%li%invest USD 50.0 billion in the EV business by 2027 t%li%compete with the market players and aims t%li%manufacture 20.0 million EVs annually by 2026.
The market is competitive in nature due t%li%the presence of various small and established players. Furthermore, the shifting focus of steel companies toward a sustainable future has led them t%li%adopt new technologies t%li%optimize their production processes with improved efficiency and capacity enhancements. For instance, in January 2022, the United States Steel Corporation announced the allocation of USD 3.00 billion for its new advanced mill equipped with next-generation sustainable technology. It is located in Arkansas, Osceola near the Big River Steel plant of the company.
Western U.S. Flat Steel Market Report Highlights
- Cold rolled coil (CRC) held the largest revenue share of 37.3% in 2024. These coils have low carbon content.
- The building & construction dominated the western U.S. flat steel industry with the highest revenue share of 36.3% in 2024, primarily driven by the increasing urbanization and population growth creating a higher demand for residential and commercial structures
- The automotive and transportation segment is expected t%li%register the fastest CAGR of 5.0% from 2025 t%li%2030
- The coated steel segment is expected t%li%grow at a CAGR of 5.4% over the forecast period
- The steel industry in the western U.S. is increasingly focused on decarbonization, with Electric Arc Furnace (EAF) technology emerging as a pivotal solution
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
CHAPTER 3. WESTERN U.S. FLAT STEEL MARKET VARIABLES, TRENDS & SCOPE
3.1. Western U.S. Flat Steel Market Outlook
3.2. Industry Value Chain Analysis
3.3. Application Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand Gap Analysis, 2024
3.6. Regulatory Framework
3.6.1. Policies and Incentive Plans
3.6.2. Standards and Compliances
3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.8. Porter’s Five Forces Analysis
3.8.1. Supplier Power
3.8.2. Buyer Power
3.8.3. Substitution Threat
3.8.4. Threat From New Entrant
3.8.5. Competitive Rivalry
3.9. PESTEL Analysis
3.9.1. Political Landscape
3.9.2. Economic Landscape
3.9.3. Social Landscape
3.9.4. Technological Landscape
3.9.5. Environmental Landscape
3.9.6. Legal Landscape
CHAPTER 4. WESTERN U.S. FLAT STEEL MARKET: PRODUCT OUTLOOK ESTIMATES & FORECASTS
4.1. Western U.S. Flat Steel Market: Product Movement Analysis, 2024 & 2030
4.1.1. Hot Rolled Coil
4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.2. Cold Rolled Coil
4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.3. Coated Steel
4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.4. Others
4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 5. WESTERN U.S. FLAT STEEL MARKET: APPLICATION OUTLOOK ESTIMATES & FORECASTS
5.1. Western U.S. Flat Steel Market: Application Movement Analysis, 2024 & 2030
5.1.1. Building & Construction
5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.2. Automotive & Transportation
5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.3. Machinery & Equipment
5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.4. Energy
5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.5. Others
5.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Vendor Landscape
6.2.1. Company Categorization
6.2.2. List of Key Distributors and Channel Partners
6.2.3. List of Potential Customers/End Users
6.3. Competitive Dynamics
6.3.1. Competitive Benchmarking
6.3.2. Strategy Mapping
6.3.3. Heat Map Analysis
6.4. Company Profiles/Listing
6.4.1. California Steel Industries
6.4.1.1. Participant’s Overview
6.4.1.2. Financial Performance
6.4.1.3. Product Benchmarking
6.4.1.4. Strategic Initiatives
6.4.2. Commercial Metals Company
6.4.2.1. Participant’s Overview
6.4.2.2. Financial Performance
6.4.2.3. Product Benchmarking
6.4.2.4. Strategic Initiatives
6.4.3. Phoenix Steel Service, Inc.
6.4.3.1. Participant’s Overview
6.4.3.2. Financial Performance
6.4.3.3. Product Benchmarking
6.4.3.4. Strategic Initiatives
6.4.4. Rolled Steel Products Corporation
6.4.4.1. Participant’s Overview
6.4.4.2. Financial Performance
6.4.4.3. Product Benchmarking
6.4.4.4. Strategic Initiatives
6.4.5. Steel Dynamics
6.4.5.1. Participant’s Overview
6.4.5.2. Financial Performance
6.4.5.3. Product Benchmarking
6.4.5.4. Strategic Initiatives
6.4.6. Steelco USA
6.4.6.1. Participant’s Overview
6.4.6.2. Financial Performance
6.4.6.3. Product Benchmarking
6.4.6.4. Strategic Initiatives
6.4.7. United States Steel Corporation
6.4.7.1. Participant’s Overview
6.4.7.2. Financial Performance
6.4.7.3. Product Benchmarking
6.4.7.4. Strategic Initiatives
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
CHAPTER 3. WESTERN U.S. FLAT STEEL MARKET VARIABLES, TRENDS & SCOPE
3.1. Western U.S. Flat Steel Market Outlook
3.2. Industry Value Chain Analysis
3.3. Application Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand Gap Analysis, 2024
3.6. Regulatory Framework
3.6.1. Policies and Incentive Plans
3.6.2. Standards and Compliances
3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.8. Porter’s Five Forces Analysis
3.8.1. Supplier Power
3.8.2. Buyer Power
3.8.3. Substitution Threat
3.8.4. Threat From New Entrant
3.8.5. Competitive Rivalry
3.9. PESTEL Analysis
3.9.1. Political Landscape
3.9.2. Economic Landscape
3.9.3. Social Landscape
3.9.4. Technological Landscape
3.9.5. Environmental Landscape
3.9.6. Legal Landscape
CHAPTER 4. WESTERN U.S. FLAT STEEL MARKET: PRODUCT OUTLOOK ESTIMATES & FORECASTS
4.1. Western U.S. Flat Steel Market: Product Movement Analysis, 2024 & 2030
4.1.1. Hot Rolled Coil
4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.2. Cold Rolled Coil
4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.3. Coated Steel
4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.4. Others
4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 5. WESTERN U.S. FLAT STEEL MARKET: APPLICATION OUTLOOK ESTIMATES & FORECASTS
5.1. Western U.S. Flat Steel Market: Application Movement Analysis, 2024 & 2030
5.1.1. Building & Construction
5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.2. Automotive & Transportation
5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.3. Machinery & Equipment
5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.4. Energy
5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.5. Others
5.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Vendor Landscape
6.2.1. Company Categorization
6.2.2. List of Key Distributors and Channel Partners
6.2.3. List of Potential Customers/End Users
6.3. Competitive Dynamics
6.3.1. Competitive Benchmarking
6.3.2. Strategy Mapping
6.3.3. Heat Map Analysis
6.4. Company Profiles/Listing
6.4.1. California Steel Industries
6.4.1.1. Participant’s Overview
6.4.1.2. Financial Performance
6.4.1.3. Product Benchmarking
6.4.1.4. Strategic Initiatives
6.4.2. Commercial Metals Company
6.4.2.1. Participant’s Overview
6.4.2.2. Financial Performance
6.4.2.3. Product Benchmarking
6.4.2.4. Strategic Initiatives
6.4.3. Phoenix Steel Service, Inc.
6.4.3.1. Participant’s Overview
6.4.3.2. Financial Performance
6.4.3.3. Product Benchmarking
6.4.3.4. Strategic Initiatives
6.4.4. Rolled Steel Products Corporation
6.4.4.1. Participant’s Overview
6.4.4.2. Financial Performance
6.4.4.3. Product Benchmarking
6.4.4.4. Strategic Initiatives
6.4.5. Steel Dynamics
6.4.5.1. Participant’s Overview
6.4.5.2. Financial Performance
6.4.5.3. Product Benchmarking
6.4.5.4. Strategic Initiatives
6.4.6. Steelco USA
6.4.6.1. Participant’s Overview
6.4.6.2. Financial Performance
6.4.6.3. Product Benchmarking
6.4.6.4. Strategic Initiatives
6.4.7. United States Steel Corporation
6.4.7.1. Participant’s Overview
6.4.7.2. Financial Performance
6.4.7.3. Product Benchmarking
6.4.7.4. Strategic Initiatives
