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Steel Round Bars Market: Manufacturer Capacity, Output, Sales, Competition Analysis Report 2025

On Oct 11, the latest report "Global Steel Round Bars Market 2025 by Manufacturers, Regions, Types and Applications, Forecast to 2031" from Global Info Research provides a detailed and comprehensive analysis of the global Steel Round Bars market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors that are causing many market demand changes. The report also provides company profiles and product examples of some of the competitors, as well as market share estimates for some of the leading players in 2025.

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The global Steel Round Bars market size is expected to reach $ 62669 million by 2031, rising at a market growth of 3.7% CAGR during the forecast period (2025-2031).
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Steel round bars are long, cylindrical metal rods manufactured from carbon steel, alloy steel, or stainless steel, available in various diameters, lengths, and grades, designed for use as structural or mechanical components in a wide range of industries; they are produced through processes such as hot rolling, cold rolling, forging, and heat treatment to achieve specific mechanical properties, surface finishes, and dimensional tolerances, and are commonly used in construction, automotive, machinery, oil and gas, aerospace, and tooling applications for components like shafts, axles, fasteners, spindles, and reinforcements, offering high strength, durability, machinability, and versatility for industrial and engineering purposes.
In 2024, global Steel Round Bars Production reached approximately 52 million tons , with an average global market price of around US$ 900 per ton.
The Steel Round Bars market demonstrates significant growth potential, driven by increasing global demand for high-strength, versatile, and cost-effective raw materials across multiple industries, where the industrial chain begins upstream with steelmaking processes that provide primary materials such as billet, scrap steel, and alloying elements, followed by intermediate processing involving hot rolling, cold rolling, forging, heat treatment, and surface finishing to produce round bars with varying diameters, grades, and mechanical properties; midstream manufacturers and distributors then supply these steel round bars to downstream industries, integrating quality control, certification, and customization services to meet specific application requirements; downstream customers span a wide spectrum including automotive and transportation sectors (for shafts, axles, gears, and fasteners), construction and civil engineering (for reinforcement, structural frameworks, machinery components), oil and gas industry (for drilling rods, pipeline components, and pump shafts), machinery and equipment manufacturers (for spindles, rollers, bearing housings, and industrial tools), aerospace and defense (for landing gear, engine components, and high-strength shafts), energy sector (for turbines, generator shafts, and renewable energy equipment), and precision engineering and tool-making enterprises that require customized diameters and alloy compositions; the market potential is further amplified by trends such as urbanization, infrastructural expansion, demand for lightweight yet high-strength components, adoption of advanced steel grades (alloyed, stainless, and high-carbon variants), and integration of digital supply chain management that optimizes delivery, inventory, and traceability, making steel round bars a fundamental input in the global industrial ecosystem that links upstream metallurgical innovation, midstream manufacturing and processing capabilities, and diverse downstream industrial applications, ensuring steady growth and long-term demand resilience across multiple regions and sectors.
This report studies the global Steel Round Bars production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Steel Round Bars and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2024 as the base year. This report explores demand trends and competition, as well as details the characteristics of Steel Round Bars that contribute to its increasing demand across many markets.



This report also provides key insights about market drivers, restraints, opportunities, new product launches or approval.
Steel Round Bars market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type: Hot-Rolled Steel Round Bars、 Cold-Rolled Steel Round Bars、 Forged Steel Round Bars
Market segment by Application: Transportation and Automotive、 Industrial Application、 Construction、 Others
Major players covered: ArcelorMittal、 NSSMC、 Shandong Iron& Steel、 CITIC Special Steel、 Lingyuan Iron& Steel、 Shagang Group、 Hanggang、 Georgsmarienhütte GmbH、 Riva Group、 Grupo Simec、 Tata Steel、 Sandvik Materials Technology、 JFE Steel、 Sidenor、 OVAKO、 Saarstahl、 Dongbei Special Steel、 Outokumpu、 SCHMOLZ+BICKENBACH、 Steel Annahütte

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Steel Round Bars product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Round Bars, with price, sales quantity, revenue, and global market share of Steel Round Bars from 2020 to 2025.
Chapter 3, the Steel Round Bars competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Round Bars breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment Steel Round Bars the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the Steel Round Bars sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2024.and Steel Round Bars market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Steel Round Bars.
Chapter 14 and 15, to describe Steel Round Bars sales channel, distributors, customers, research findings and conclusion.

The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Steel Round Bars
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace

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