Global Continuously Hot Rolled Steel Sheet Market Growth 2025-2031

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The global Continuously Hot Rolled Steel Sheet market size is predicted to grow from US$ 16540 million in 2025 to US$ 17700 million in 2031; it is expected to grow at a CAGR of 1.1% from 2025 to 2031.

Continuously hot-rolled steel sheet is produced by passing heated steel slabs through a series of rolling stands in a continuous mill. This process reduces the thickness of the slab and elongates it into a long sheet or coil. The high temperature during rolling allows for significant deformation of the steel. The resulting product has a relatively rough surface finish and is typically used in applications where surface appearance is not critical or where further processing, such as cold rolling or coating, is required.

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The continuously hot-rolled steel sheet industry is a vital component of the global steel market, serving a wide range of downstream industries. Current trends indicate a strong focus on producing higher-strength steels with improved formability and weldability to meet the evolving demands of the automotive, construction, and other sectors. There is also a growing emphasis on producing thinner gauge sheets to reduce weight and improve fuel efficiency in vehicles. Sustainability is a key driver, with manufacturers investing in technologies to reduce energy consumption, emissions, and waste during production. The use of recycled steel is also increasing. The industry is also witnessing advancements in rolling mill technology, automation, and process control, leading to improved product quality, consistency, and production efficiency. Market dynamics are influenced by global economic conditions, raw material prices (iron ore, coal), trade policies, and demand from key end-use sectors. The growth of infrastructure projects in developing economies continues to drive demand for hot-rolled sheet. Furthermore, the increasing use of advanced high-strength steels (AHSS) in automotive applications is also shaping the industry’s focus on developing new and improved hot-rolled products.

LP Information, Inc. (LPI) ‘ newest research report, the “Continuously Hot Rolled Steel Sheet Industry Forecast” looks at past sales and reviews total world Continuously Hot Rolled Steel Sheet sales in 2024, providing a comprehensive analysis by region and market sector of projected Continuously Hot Rolled Steel Sheet sales for 2025 through 2031. With Continuously Hot Rolled Steel Sheet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Continuously Hot Rolled Steel Sheet industry.

This Insight Report provides a comprehensive analysis of the global Continuously Hot Rolled Steel Sheet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Continuously Hot Rolled Steel Sheet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Continuously Hot Rolled Steel Sheet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Continuously Hot Rolled Steel Sheet and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Continuously Hot Rolled Steel Sheet.

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This report presents a comprehensive overview, market shares, and growth opportunities of Continuously Hot Rolled Steel Sheet market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Rolled Surface
    Pickling Surface

Segmentation by Application:

    Automotive
    Shipping
    Machinery
    Others

This report also splits the market by region:

    Americas

        United States
        Canada
        Mexico
        Brazil

    APAC

        China
        Japan
        Korea
        Southeast Asia
        India
        Australia

    Europe

        Germany
        France
        UK
        Italy
        Russia

    Middle East & Africa

        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company’s coverage, product portfolio, its market penetration.

    China Baowu Group
    ArcelorMittal
    Ansteel Group
    HBIS Group
    Nippon Steel Corporation
    Jianlong Group
    Shougang Group
    Tata Steel
    Shagang Group
    Delong Steel Group
    POSCO
    JFE Steel Corporation
    Hunan Steel Group
    JSW Steel Limited
    Nucor Corporation
    Shandong Steel Group
    Liuzhou Steel Group
    Fangda Steel
    Hyundai Steel
    Baotou Steel Group

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