Structural steel is a category of steel used as a construction material for making structural steel shapes. A structural steel shape is a profile, formed with a specific cross section and following certain standards for chemical composition and mechanical properties. Structural steel shapes, sizes, composition, strengths, storage practices, etc., are regulated by standards in most industrialized countries.
Structural steel has many uses in the modern world, but the application most associated with it is in construction. It is one of the most vital materials used in building, favored for a number of reasons, the main beings it versatility, relatively low production cost, high strength, sustainability and availability. Structural steel is categorized into shapes, each with their own compositional properties that are regulated by standards, which differ between different countries.
Geographically, the production of Asia concentrates in China, Japan, Korea, and India, which totally account for about 81.25% of the Asia production in 2015. China accounted for 64.86% of the production market share during 2015 and is predicted to retain its leadership until the end of 2022. Southeast Asia is the most promising market of structural steel in Asia, among which, Thailand, Philippines, Vietnam, Indonesia takes the leading share.
The market of structural steel is quite concentrated. Tata Steel, Nippon Steel Sumitomo Metal, POSCO, Baosteel, Ansteel, Wuhan Iron and Steel, are the key suppliers in the Asia structural steel market. The five then took up about 30.23% of the Asia production market in 2015.

The Global Structural Steel Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Structural Steel Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Gerdau S.A
ArcelorMittal
Tata Steel
Nippon Steel Sumitomo Metal
POSCO
ThyssenKrupp
JSW Steel
Essar Steel
TISCO
Southern Steel Company (SSC)
Pomina
Krakatau Steel
Sahaviriya Steel Industries
G Steel PCL
SAMC
Capitol Steel
Hyundai Steel
Nucor Steel
Baosteel
Ansteel
Wuhan Iron and Steel
Shagang Group
Shandong Iron & Steel Group
Ma Steel
Bohai Steel
Shougang Group
Valin Steel
Anyang Iron & Steel Group
Baogang Group

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

I-Beam
Angle (L-Shape)
Hollow Structural Section (HSS) Shape
Z-Shape
T-Shaped
In Market segmentation by applications :

Construction Industry
Transportation Industry
Machinery Industry
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Structural Steel Market for the forecast period 2023 - 2030?
• What are the driving forces in the Structural Steel Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Structural Steel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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