Rolled Steel Bars Market
By Process;
Hot Rolled and Cold RolledBy Section;
Angle, T-Section, I-Section, Flat Bars, Plates and OthersBy Type;
Carbon Steel and Stainless SteelBy Application;
Rail Tracks, Beams, Shelves, Truck Frames and OthersBy End User;
Construction, Railways, Automotive and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Rolled Steel Bars Market Overview
Rolled Steel Bars Market (USD Million)
Rolled Steel Bars Market was valued at USD 103448.74 million in the year 2024. The size of this market is expected to increase to USD 127228.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.
Rolled Steel Bars Market
*Market size in USD million
CAGR 3.0 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 3.0 % | 
| Market Size (2024) | USD 103448.74 Million | 
| Market Size (2031) | USD 127228.90 Million | 
| Market Concentration | High | 
| Report Pages | 337 | 
Major Players
- ArcelorMittal
 - Nippon Steel Corporation
 - POSCO
 - Tata Steel
 - SAIL
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Rolled Steel Bars Market
Fragmented - Highly competitive market without dominant players
The Rolled Steel Bars Market is steadily expanding, fueled by rising adoption in construction and manufacturing industries. Over 58% of infrastructure projects now incorporate rolled steel bars for their strength and durability, making them an essential component of modern industrial frameworks and engineered structures.
Strong Construction Industry Demand
The construction sector represents more than 60% of overall usage of rolled steel bars, primarily in buildings, highways, and large-scale projects. Their resistance to stress and environmental factors ensures long-term stability, reinforcing their critical role in infrastructure growth and urban development.
Widespread Use in Manufacturing
The manufacturing industry contributes nearly 45% of demand, with applications across automotive, machinery, and equipment production. The machinability and adaptability of rolled steel bars allow them to deliver consistent performance across multiple industrial processes, making them indispensable to production cycles.
Innovations in Steel Rolling
Technological progress is reshaping the market as around 38% of new developments focus on advanced rolling and treatment methods. Enhanced alloy formulations and heat treatment techniques are improving bar performance and extending their service life, aligning with evolving quality and sustainability standards.
Long-Term Market Opportunities
Future expansion in the rolled steel bars market is expected to remain strong, with more than 52% of growth tied to advanced grades that deliver higher precision and strength. Continuous innovation and R&D are creating opportunities for improved efficiency, positioning rolled steel bars as a backbone for global industrial and infrastructure development.
Rolled Steel Bars Market Key Takeaways
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The Rolled Steel Bars market is growing steadily as global infrastructure and construction activity expand. Increasing investment in bridges, highways, and rail networks is strengthening demand for long steel bars. :contentReference[oaicite:0]{index=0}
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Automotive and heavy-machinery sectors are boosting the need for high-strength carbon and alloy steel bars as component materials become more performance-oriented. This trend is driving demand for bars with enhanced tensile strength and precision finishing. :contentReference[oaicite:1]{index=1}
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Advancements in hot-rolling and cold-finishing processes are improving product quality, dimensional accuracy and yield. Manufacturers are adopting automation and advanced metallurgy to reduce waste and increase throughput. :contentReference[oaicite:2]{index=2}
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Asia-Pacific dominates consumption due to rapid urbanisation and industrialisation, while North America and Europe continue to focus on upgraded bar grades and value-added applications. Regional dynamics shape supplier strategies and competitive positioning. :contentReference[oaicite:3]{index=3}
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Sustainability and regulations are becoming important, with steelmakers emphasising recycled content and energy-efficient production to reduce carbon footprint. These initiatives are influencing material selection and supplier partnerships. :contentReference[oaicite:4]{index=4}
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Challenges remain around raw-material price volatility and trade policy uncertainty, which impact cost structures and supply reliability. Producers are responding with strategic sourcing and flexible manufacturing to mitigate risk. :contentReference[oaicite:5]{index=5}
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Leading companies are pursuing capacity expansion, product innovation, and global footprint enhancement to capture emerging opportunities. Their strategies reflect a shift toward customised bar profiles and long-term contracts with major end-users. :contentReference[oaicite:6]{index=6}
 
Rolled Steel Bars Market Recent Developments
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In 2022, ArcelorMittal, a Luxembourg-based multinational steel manufacturer, launched a new range of round steel bars known for their exceptional strength. These durable materials are designed to meet the high-performance demands of the construction and automotive industries.
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In 2022, Tata Steel Limited, an Indian multinational steel producer, partnered with Nippon Steel Corporation, a leading Japanese steel manufacturer. This strategic collaboration enabled both companies to share their expertise in steel round bar production and marketing, strengthening their global competitiveness.
 
Rolled Steel Bars Market Segment Analysis
In this report, the Rolled Steel Bars Market has been segmented by Process, Section, Type, Application and End User.
Rolled Steel Bars Market, Segmentation by Process
The market is organized by production process choices that influence surface finish, dimensional tolerances, and downstream machining economics. Buyers evaluate throughput, inventory flexibility, and total cost of ownership, balancing energy intensity and lead times with target mechanical properties. Strategic procurement increasingly aligns process selection with OEM quality audits, sustainability goals, and regional capacity footprints to de-risk supply chains and support multi-year contracts.
Hot RolledThis process supports bulk volumes and broad size ranges, making it the baseline route for infrastructure and heavy fabrication. Users prioritize weldability and forming behavior, accepting a mill scale finish where aesthetics are secondary while focusing on cost efficiency and mill availability. Adoption is reinforced by expanding construction programs and public capex, where specification frameworks allow wider tolerances and emphasize structural performance over cosmetic precision.
Cold RolledPrecision tolerance and improved surface quality make this route attractive for components requiring tighter fits and consistent machinability. Manufacturers leverage value-added differentiation—including controlled microstructure and straightness—to reduce scrap and post-processing. Growth is supported by automotive and engineered products that demand repeatability across global platforms, with buyers valuing predictable dimensional stability and quality documentation.
Rolled Steel Bars Market, Segmentation by Section
Product form dictates load paths, fabrication steps, and nesting efficiency in cutting plans, so section choice is central to lifecycle economics. Fabricators align section geometry with structural stiffness, connection design, and inventory standardization to compress project timelines. Suppliers compete on breadth of size availability, straightness, and certification packages that accelerate approvals in regulated end uses.
Angle
Angles are widely used for bracing, frames, and light structural applications where ease of connection and availability matter. Fabricators favor angles for simple gusseted joints and stock-keeping efficiency across diverse jobs. Demand tracks small-to-mid scale construction and maintenance, repair, and overhaul work where quick turns and versatile fitting dominate selection.
T-Section
T-sections offer efficient flange usage in applications requiring open access for fastening or mating parts. Designers use them to manage weight optimization while maintaining local rigidity in shelves and modular frames. Availability in standardized dimensions supports predictable costing and simplifies procurement across multi-site projects.
I-Section
I-sections provide high moment of inertia relative to mass, aligning with beams and load-bearing members that must span economically. Project engineers leverage I-sections to reduce deflection and steel tonnage, supporting competitive bids in time-sensitive builds. Mill consistency and certified mechanical properties remain purchase gatekeepers for safety-critical installations.
Flat Bars
Flat bars are preferred where machining, punching, or custom profiling drives the value stream. Shops utilize flats to minimize material waste in CNC routes and to standardize blanks for repetitive parts. Their role grows with demand for modular assemblies, where consistent thickness and surface enable predictable downstream processing.
Plates
Plates serve heavy fabrication and base components that require thickness for stiffness and bearing surfaces. Buyers prioritize plate flatness, internal soundness, and traceability to ensure weld integrity and dimensional control. Integration with profile cutting and bending services helps compress schedules and reduce total installed cost.
Others
This bucket captures specialized profiles and custom geometries tailored to niche load cases or aesthetic requirements. Suppliers differentiate through short-run flexibility and engineering support to meet unusual tolerances. Adoption is typically project-driven, with emphasis on collaboration between design, mill, and fabricator to mitigate risk.
Rolled Steel Bars Market, Segmentation by Type
Material type governs mechanical properties, corrosion behavior, and finishing options that determine lifecycle value. Procurement teams benchmark strength-to-cost trade-offs and compatibility with coatings, galvanizing, or service environments. Standardization around recognized grades shortens qualification while supplier partnerships ensure continuity and consistent microstructure across lots.
Carbon Steel
Carbon grades dominate on cost-performance balance for structural and general engineering needs. Users value weldability, predictable yield strengths, and broad availability in common sections to streamline sourcing. Adoption persists in outdoor applications where protective coatings manage corrosion without premium alloy costs.
Stainless Steel
Stainless variants address corrosion-sensitive uses, hygiene zones, and design aesthetics with lower maintenance over service life. OEMs select stainless to reduce lifecycle costs in harsh or sanitary environments while improving appearance retention. Decision criteria include local availability of grades, fabrication know-how, and total installed cost relative to coated carbon alternatives.
Rolled Steel Bars Market, Segmentation by Application
End applications translate technical attributes into tangible jobsite or fleet value, shaping volume mix and quality thresholds. Stakeholders weigh fatigue performance, joining methods, and dimensional tolerance against cost and schedule risk. Alignment with code requirements and inspection regimes is central to qualification, particularly in public infrastructure and transportation assets.
Rail Tracks
Track-related bars support turnouts, crossings, and ancillary components where wear resistance and dimensional control are vital. Railway operators emphasize durability and maintainability while suppliers provide documentation for safety audits. Procurement values proven track records and predictable metallurgical consistency to minimize lifecycle disruption.
Beams
Beam applications depend on stiffness, straightness, and reliable weld performance across repetitive modules. Contractors use standardized sections and certified load tables to accelerate approvals and control costs. Competitive positioning hinges on on-time delivery, consistent lengths, and support services such as pre-processing.
Shelves
Storage and retail fixtures prioritize dimensional accuracy, hole pattern compatibility, and surface finish quality. Manufacturers look for clean edges and tight tolerances that reduce rework and speed assembly. As modular formats scale, buyers reward supplier reliability and packaging that protects cosmetic surfaces.
Truck Frames
Chassis and body structures require high fatigue resistance and controlled straightness to ensure alignment and ride quality. Automotive suppliers value traceability, weld performance, and repeatable microstructure to support quality gates. Partnerships with mills offering APQP-style documentation and just-in-time deliveries are common differentiators.
Others
Miscellaneous uses span fabrication, machinery, and architectural elements where versatility and availability matter most. Decisions focus on balancing machinability, surface finish needs, and coating compatibility with total cost. Niche adoption often follows project-specific specifications and custom service packages from distributors.
Rolled Steel Bars Market, Segmentation by End User
Downstream industries define recurring demand patterns, qualification requirements, and inventory strategies. Suppliers align with framework agreements, stocking policies, and processing capabilities tailored to segment workflows. Growth correlates with macro drivers—public infrastructure, vehicle production, and rail modernization—shaping mill schedules and regional balance.
Construction
Contractors depend on broad section availability, certified properties, and logistics that synchronize with site sequencing. Distributors win by offering cut-to-length, kitting, and documentation that eases inspection and handover. Robust demand reflects urban development and infrastructure upgrades that favor reliable supply partners.
Railways
Operators and EPCs emphasize safety cases, wear performance, and supply assurance across multi-year maintenance cycles. Vendors succeed with quality assurance regimes, consistent chemistry, and proven service records in track components. Collaboration on lifecycle cost modeling strengthens renewals and expansion awards.
Automotive
Tiered supply chains require dimensional consistency, weldability, and documentation aligned with PPAP/APQP standards. OEM platform commonality encourages global sourcing strategies backed by traceability and synchronized deliveries. Price-performance and defect prevention measures drive long-term nominations.
Others
General engineering, machinery, and warehouse systems purchase on versatility and quick-turn processing. Buyers prefer partners offering value-added services—from drilling to profiling—reducing internal bottlenecks. Flexible MOQs and responsive logistics often determine supplier choice in this heterogeneous pool.
Rolled Steel Bars Market, Segmentation by Geography
In this report, the Rolled Steel Bars Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
Demand reflects non-residential builds, bridge rehabilitation, and a resilient aftermarket distribution network. Buyers emphasize mill certifications, Buy America compliance where applicable, and reliable trucking capacity to sustain tight schedules. Partnerships between mills and service centers that offer pre-processing and inventory visibility are key differentiators.
Europe
Projects prioritize circularity, EPDs, and low-carbon routes that align with evolving ESG frameworks. Engineering firms value harmonized standards and traceable documentation, while public tenders reward lifecycle transparency. Regional supply balances energy costs with quality consistency to protect project margins.
Asia Pacific
Urbanization and industrial expansion underpin volume growth across diverse project types. Buyers weigh local availability against export options, focusing on lead time, certification, and technical support. Scale benefits and capex programs in infrastructure sustain a broad mix of sections and grades.
Middle East & Africa
Large infrastructure pipelines and industrial clusters drive consumption patterns tied to national development plans. Stakeholders value project logistics, climate-appropriate coatings, and supplier responsiveness for phased builds. Competitive bids often hinge on reliable deliveries and documentation for complex, multi-contractor sites.
Latin America
Public works and private industrial investments support steady demand amid currency and policy variability. Distributors succeed with localized inventories, processing services, and financing options that smooth project cash flows. Preference leans toward suppliers offering technical guidance and assured availability across standard sections.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Rolled Steel Bars Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Urbanization
 - Infrastructure Investments
 - Automotive Industry Demand
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Technological Advancements- Technological advancements play a pivotal role in shaping the global rolled steel bars market, driving innovation and enhancing product performance across various industries. One significant area of advancement is in manufacturing processes, where advancements in metallurgy, automation, and quality control have enabled steel producers to enhance the strength, durability, and dimensional accuracy of rolled steel bars. Modern rolling mills incorporate advanced technologies such as continuous casting, automated rolling processes, and inline quality monitoring systems, which improve production efficiency and ensure consistent product quality.
Advancements in material science have led to the development of high-performance rolled steel bars with improved mechanical properties. Engineers and researchers are continually exploring new alloy compositions and heat treatment methods to optimize the strength-to-weight ratio, corrosion resistance, and fatigue resistance of rolled steel bars. These technological advancements enable steel manufacturers to meet stringent industry standards and customer requirements across diverse applications, including construction, automotive, aerospace, and industrial machinery.
Digitalization and data analytics are transforming the rolled steel bars market by enabling real-time monitoring of production processes, predictive maintenance of equipment, and optimization of supply chain logistics. Integrated software solutions and IoT-enabled sensors allow manufacturers to gather and analyze vast amounts of data, leading to more informed decision-making, enhanced operational efficiency, and reduced environmental impact. As technological advancements continue to evolve, they are expected to drive further innovation and competitiveness in the global rolled steel bars market, supporting sustainable growth and addressing emerging challenges in the industry.
 
Restraints
- Volatile Raw Material Prices
 - Environmental Regulations
 - Market Competition
 - Trade Barriers
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Fluctuating Demand Cycles- Fluctuating demand cycles are a significant characteristic of the global rolled steel bars market, influenced by several economic, industrial, and geopolitical factors. The market experiences fluctuations in demand due to varying levels of construction activity, infrastructure investments, automotive production, and industrial manufacturing across different regions and sectors. Economic downturns or recessions can lead to reduced construction and manufacturing activities, resulting in lower demand for rolled steel bars as projects are delayed or scaled back to align with economic conditions.
Geopolitical factors such as trade tensions, tariffs, and regulatory changes also contribute to fluctuating demand cycles in the rolled steel bars market. These factors can disrupt supply chains, increase production costs, and affect market dynamics, influencing purchasing decisions and demand patterns among manufacturers and end-users. For instance, shifts in trade policies or geopolitical tensions can lead to fluctuations in raw material prices or market access, impacting the overall demand for rolled steel bars globally.
In response to fluctuating demand cycles, stakeholders in the rolled steel bars market adopt strategic measures such as inventory management, production optimization, and diversification of customer bases and geographical markets. By closely monitoring market trends, economic indicators, and geopolitical developments, industry players can mitigate risks associated with demand volatility and position themselves to capitalize on opportunities during periods of recovery and growth. Additionally, fostering resilience through flexible production capabilities and agile supply chain strategies helps mitigate the impact of fluctuating demand cycles, ensuring adaptability and sustainability in a dynamic market environment.
 
Opportunities
- Growth in Construction Sector
 - Rising Demand for High-Strength Steel
 - Expansion in Renewable Energy Projects
 - Emerging Markets Expansion
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Sustainable Manufacturing Practices- In the global rolled steel bars market, sustainable manufacturing practices are gaining traction as environmental concerns and regulatory pressures prompt industry players to adopt more responsible production methods. Sustainable manufacturing practices in this sector focus on reducing carbon footprint, optimizing energy efficiency, and minimizing waste generation throughout the production process. This includes implementing advanced technologies for energy-efficient operations, such as energy recovery systems in rolling mills and investments in renewable energy sources to power manufacturing facilities.
There is a growing emphasis on recycling and reuse of materials in the production of rolled steel bars. Steel is inherently recyclable, and many manufacturers integrate scrap steel into their production processes to minimize raw material usage and reduce landfill waste. Additionally, initiatives to improve water management and reduce emissions of greenhouse gases contribute to sustainable practices in the industry. Companies are increasingly transparent about their environmental impact and are investing in certifications and standards that validate their commitment to sustainable manufacturing, thereby enhancing their corporate social responsibility (CSR) profiles and meeting the expectations of environmentally conscious consumers and stakeholders.
 
Rolled Steel Bars Market Competitive Landscape Analysis
Rolled Steel Bars Market is becoming increasingly competitive as companies adopt strategies focused on growth, metallurgical innovation, and high-strength steel solutions. Partnerships with construction and automotive firms, collaboration with industrial suppliers, and merger-driven expansions are shaping the competitive landscape. With rising demand for durable construction materials, technological advancements and regional expansion remain vital to competitiveness.
Market Structure and Concentration
The market reflects moderate concentration, with nearly 60% share controlled by leading steel manufacturers, while smaller firms strengthen competitiveness through niche innovation. Strong distribution networks, compliance with industrial standards, and integration into construction and automotive supply chains support growth. Consolidation through acquisitions and collaboration continues to influence structure, reinforcing leadership in rolled steel bar production.
Brand and Channel Strategies
Key participants emphasize robust brand strategies and diversified sales channels to expand adoption. Direct contracts with construction companies, distributor strategies, and e-commerce platforms account for more than 55% of revenues. Establishing market presence through reliability-focused branding, consistent quality, and timely supply ensures long-term competitiveness and customer loyalty.
Innovation Drivers and Technological Advancements
Ongoing technological advancements in steel composition, rolling techniques, and surface treatment are fueling innovation. Nearly 50% of competitive advantage arises from R&D investment and cross-industry collaboration. Companies are focusing on high-strength, corrosion-resistant, and lightweight steel bars to support growth while meeting evolving construction and automotive requirements.
Regional Momentum and Expansion
Regional expansion plays a critical role, with emerging economies contributing nearly 54% of recent growth. Strong collaboration with local construction firms, distributors, and automotive manufacturers supports adoption. Developed regions dominate with established steel infrastructure, while developing economies accelerate demand due to urbanization, industrialization, and infrastructure development.
Future Outlook
The future outlook highlights intensifying competition supported by innovation, advanced steel technologies, and global expansion. Companies are expected to prioritize collaborative strategies, high-performance steel solutions, and efficient production techniques to ensure growth. With over 65% of participants investing in R&D and partnerships, the market is set to evolve toward durable, sustainable, and versatile rolled steel bar solutions.
Key players in Rolled Steel Bars Market include:
- Tata Steel
 - ArcelorMittal
 - Baosteel Group
 - Riva Group
 - Sanyo Special Steel Co Ltd
 - Sverdrup Steels
 - Sandvik Materials Technology
 - Ambica Steels Limited
 - Posco
 - Nucor Corporation
 - Hyundai Steel
 - Steel Authority of India Limited (SAIL)
 - JFE Steel Corporation
 - Nippon Steel Corporation
 - ThyssenKrupp AG
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Process
 - Market Snapshot, By Section
 - Market Snapshot, By Type
 - Market Snapshot, By Application
 - Market Snapshot, By End User
 - Market Snapshot, By Region
 
 -  Rolled Steel Bars Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Increasing Urbanization
 - Infrastructure Investments
 - Automotive Industry Demand
 - Technological Advancements
 
 - Restraints 
- Volatile Raw Material Prices
 - Environmental Regulations
 - Market Competition
 - Trade Barriers
 - Fluctuating Demand Cycles
 
 - Opportunities 
- Growth in Construction Sector
 - Rising Demand for High-Strength Steel
 - Expansion in Renewable Energy Projects
 - Emerging Markets Expansion
 - Sustainable Manufacturing Practices
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Rolled Steel Bars Market, By Process, 2021 - 2031 (USD Million) 
- Hot Rolled
 - Cold Rolled
 
 - Rolled Steel Bars Market, By Section, 2021 - 2031 (USD Million) 
- Angle
 - T-Section
 - I-Section
 - Flat Bars
 - Plates
 - Others
 
 - Rolled Steel Bars Market, By Type, 2021 - 2031 (USD Million) 
- Carbon Steel
 - Stainless Steel
 
 - Rolled Steel Bars Market, By Application, 2021 - 2031 (USD Million) 
- Rail Tracks
 - Beams
 - Shelves
 - Truck Frames
 - Others
 
 - Rolled Steel Bars Market, By End User, 2021 - 2031 (USD Million) 
- Construction
 - Railways
 - Automotive
 - Others
 
 -  Rolled Steel Bars Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Rolled Steel Bars Market, By Process, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Tata Steel
 - ArcelorMittal
 - Baosteel Group
 - Riva Group
 - Sanyo Special Steel Co Ltd
 - Sverdrup Steels
 - Sandvik Materials Technology
 - Ambica Steels Limited
 - Posco
 - Nucor Corporation
 - Hyundai Steel
 - Steel Authority of India Limited (SAIL)
 - JFE Steel Corporation
 - Nippon Steel Corporation
 - ThyssenKrupp AG
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

