France Steel Market Size, Share, and COVID-19 Impact Analysis, By Type (Flat Steel and Long Steel), By Product (Structural Steel, Prestressing Steel, Bright Steel, Welding Wire and Rod, Iron Steel Wire, Ropes, and Braids), and France Steel Market Insights, Industry Trend, Forecasts to 2035.

France Steel Market Insights Forecasts to 2035

• The France Steel Market Size was estimated at USD 151 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.7% from 2025 to 2035
• The France Steel Market Size is Expected to Reach USD 225.1 Billion by 2035

According to a research report published by Spherical Insights & Consulting, The France Steel Market Size is anticipated to reach USD 225.1 Billion by 2035, growing at a CAGR of 3.7% from 2025 to 2035. Demand from domestic industries, technology and innovation, policy legislation, and global trade are important shaping factors influencing the market, with a focus on reducing carbon emissions and promoting circular production.

Market Overview

The France Steel Market Size includes the manufacturing, distribution, and usage of steel products in a wide range of sectors, such as construction, automotive, energy, and manufacturing. It also captures national and EU strategic priorities for modernization of industry, sustainability, and development of infrastructure. Additionally, the sector is seeing improved manufacturing processes and stronger market conditions, resulting in higher monthly outputs than previous years. This trend illustrates the steel sector's ongoing recovery, with companies adapting to market changes and challenges. As production levels rise, the sector is set up for sustained growth, supported by better economic conditions and continued investment in new technologies. This recovery suggests a positive outlook for steel production moving forward. For example, in March 2025, French steel producers produced 921 Thousand Tons, a year-on-year increase of 10.4%, putting French steelmakers at 18th position globally based on production, according to the WorldSteel Association. From January to March, steel production totaled 2.59 million tons, a 2.1% increase from the previous year. In 2024, French steel production increased 7.6%, indicating strong recovery. The average monthly production in 2024 was 896.25 Thousand Tons, which was higher than 2022.

Report Coverage

This research report categorizes the market for the France steel market size based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France steel market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France steel market.

Driving Factors

Governments play a key role in expediting investments in this new technology. The transition to EAF mills is more than addressing environmental issues; it is part of a greater experiment in the industry. As companies adopt this solution, steel production will become more renewable and efficient in terms of resource consumption. These elements are driving France steel market growth. For instance, in May 2025, ArcelorMittal announced its intention to invest EUR 1.2 Billion in Dunkirk, France, to install a new electric arc furnace (EAF) production facility. This demonstrates ArcelorMittal's continued partnership with the French government, which has been an important source of support for the country’s steel industry. The investment follows ArcelorMittal's decision to delay new investments in Europe, as the company transitioned from blast furnaces to EAF mills fed through scrap and direct-reduced iron (DRI).

Restraining Factors

High energy costs that raise production costs and lower competitiveness are one of the many factors holding back the French steel market. Additional compliance requirements are imposed by strict EU environmental regulations and carbon emission targets, especially for conventional blast furnace operations. Import competition from cheaper producers and global overcapacity put additional strain on domestic margins.

Market Segmentation

The France steel market share is classified into type and product.

• The flat steel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France steel market is segmented by type into flat steel and long steel. Among these, the flat steel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Due to a strong demand for its strength, formability, and surface quality from the construction, automotive, and packaging industries. Its position in the market has been strengthened by the growing use of lightweight and energy-efficient materials in the production of automobiles and the expansion of infrastructure projects.

• The structural steel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France steel market is segmented by product into structural steel, prestressing steel, bright steel, welding wire and rod, iron steel wire, ropes, and braids. Among these, the structural steel segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Due to significant infrastructure development, an increase in the need for long-lasting and reasonably priced building materials, and government-supported expenditures on energy, transportation, and urban renewal initiatives. It is a popular material for bridges, commercial buildings, and industrial facilities because of its high strength-to-weight ratio, recyclability, and adaptability to contemporary construction techniques.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations companies involved within the France steel market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

Vallourec SA

Jacquet Metal Service SA

ArcelorMittal France

Ugitech

Aubert & Duval

Others

Recent Developments:

• In June 2025, ArcelorMittal ramped up its efforts to enhance scrap processing across Europe, aimed at reducing CO2 emissions and advancing a circular steel production model. The company invested in advanced equipment, including a ladle furnace at Fos-sur-Mer, which increased scrap utilization fivefold by 2025 and cut CO2 emissions by 10%. It expanded its processing capacity in Dunkirk and acquired four scrap recycling firms to secure raw materials.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at France, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France Steel Market based on the below-mentioned segments:

France Steel Market, By Type

• Flat Steel
• Long Steel

France Steel Market, By Product 

• Structural Steel
• Prestressing Steel
• Bright Steel
• Welding Wire and Rod
• Iron Steel Wire
• Ropes
• Braids