The Global Steel Rebar Sector is shaped by factors such as the growing emphasis on infrastructure development, urbanization, and developments in construction technologies. Top-tier companies are increasing their market presence with mergers, acquisitions and investments. Here we showcase the five leaders of industry, the most recent mergers and acquisitions, major changes in the marketplace, and new funding initiatives defining the landscape.
Global Steel Rebar Sector size was valued at US$ 230.03 Bn. in 2023, and the total Global Steel Rebar Sector revenue is expected to grow at 5 % from 2024 to 2030, reaching nearly US$ 323.68 Bn.
The MMR Report provides competitive benchmarking of world leading steel rebar companies and their business strategies 2024. Total market size for steel rebars in 2024 was USD 256.34 billion from supply side and market was majorly dominated by five players. The competitive analysis report for steel rebar market has covered the contribution of top ten players, market followers and new entrants in the market with the benchmarking of these companies on different parameters to get insights into the companies and industry.
Request for free sample: https://www.maximizemarketresearch.com/competitive-analysis/steel-rebar-industry/269070/
Five Dominating Steel Rebar Market Companies
**
**ArcelorMittal is the world’s largest steel producer, and has a large market share of the steel rebar. The company has a strong global presence, advanced manufacturing capabilities, and focus on sustainable steel production help assure its leadership. ArcelorMittal supplies these projects with premium rebar used in large infrastructure endeavours — roads, bridges and skyscrapers.
Nippon Steel Corporation, which is a leading rebar provider both in Asia and across the globe, is particularly well-known for its high-strength, corrosion-resistant rebar products. The company invests heavily in reaching and developing product durability and sustainability that meet the needs of mega-construction and the earthquake-prone region.
POSCO (Pohang Iron and Steel Company)
POSCO South Korea: A Leader in Smart Steel Rebar Solutions. It has new business in emerging markets, providing rebar for smart cities and renewable energy infrastructure.
Tata Steel - A key player in India and Europe for rebar, Tata Steel is well-positioned to deliver high-grade rebar for residential, commercial and industrial applications. With a clear focus on digital transformation and green steel initiatives, the company is immensely capable to be in a position as a forward-looking leader in the industry.
Gerdau S.A. - As one of the largest manufacturers of rebar in the Americas, Gerdau S.A. sells construction-grade steel throughout North and South America. The brand stresses recycling and energy-efficient production, a trend that is prevalent globally.
Newly Announced Acquisitions in the Steel Rebar Market
As they seek to improve production capacity and market reach, the steel rebar market has seen considerable consolidation. Recent significant transactions include:
Acquisition Of Brazilian Steel Plants By ArcelorMittal
ArcelorMittal strengthens its positive representative activities in South America recently, further closing silver and steel production lines, as a just-made construction verification changes focus has embraced the acquisition of important post-renewal and deposition products in South America.
Nippon Steel’s merger with Tokyo Steel
Nippon Steel is in talks to unite with Tokyo Steel in an advanced deal that could forge one of the biggest steel giants in the country, improving supply chains and slashing costs.
POSCO Becomes Strategic Investor in Southeast Asian Mills
POSCO has also recently taken minor ownership stakes in a number of Southeast Asian steel mills in a bid to secure raw materials and diversify its distribution network in fast-growing markets.
Tata Steel Selling European Operations, Focusing on India
And Tata Steel divested portions of its European business to focus on growing its Indian rebar production, which is aligned with a booming construction sector there.
*Joint Ventures in North America: Gerdau
*
US-based steel manufacturers to improve its rebar supply chain and allow for increased demand as infrastructure projects ramp up.
*Steel Rebar Market — Recent Key Findings
*
The steel rebar industry is witnessing dynamic changes owing to technological advancements and demand trend shifts:
*Green Steel Initiatives
*
Top players are investing in hydrogen-based direct reduction process and electric arc furnaces (EAFs) for low-carbon steel production.
*Digitalization & Smart Manufacturing
*
In supply chain management, AI-driven quality control, predictive maintenance, and blockchain-based supply chain tracking are being adopted to enhance efficiency and minimize waste.
*Infrastructure Boom in Developing Countries
*
Large-scale infrastructure projects in countries such as India, China, and Brazil, including highways, metros, and smart cities, are driving steel rebar demand.
*Trade Policies and Tariffs
*
Shifting international trade policies, including tariffs on imported steel set by the United States, are reshaping supply chains and spurring regional expansions of production.
Investments and Funding in Steel Rebar Firms
Some of the industry leaders have raised money or made major investments to increase production and innovation:
A $1 Billion Green Steel Fund from ArcelorMittal
The firm has established a sustainability fund to help speed up decarbonization work in steelmaking, along with rebar making.
POSCO expanding in Vietnam for $700 million
POSCO is spending heavily in Vietnam to build new rebar mills, taking advantage of the construction boom in Southeast Asia.
Tata Steel’s $2 Billion Expansion in India
Tata Steel spends a lot on increasing its rebar capacity in India catering to infrastructure and housing projects.
A Gerdau Modernization Plan in the U.S. of $500 Million
Gerdau modernizes its north American plants with advanced automation to increase rebar output and efficiencyGerdau is modernizing its north America crops with new automation technology to increase rebar output and efficiency
Nippon Steel Invests In R&D For High-Strength Rebar
The firm is investing in the high-tensile-strength rebar production for seismic-resistant building.
Conclusion
A data-based Machine Learner, you'd be analyzing the trends in the steel rebar industry, forming associations that hold, and generating predictive solutions. With urbanization and infrastructure growth rising globally, these companies are poised to cater to increasing demand while actively pursuing innovation and sustainability.
*About Us
*
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com
Top comments (0)