North America Long Steel Products Market Size, Share, and COVID-19 Impact Analysis, By Product (Rebars, Wire Rods, Sections, and Tubes), By End Use (Building & Construction, Automotive & Aerospace, Railways & Highways, and Others), and North America Long Steel Products Market Insights, Industry Trend, Forecasts to 2035

North America Long Steel Products Market Insights Forecasts to 2035

• The North America Long Steel Products Market Size Was Estimated at USD 73570.1 Million in 2024.
• The Market Size is Growing at a CAGR of 3.96% between 2025 and 2035.
• The North America Long Steel Products market is Anticipated to Reach USD 112826.6 Million by 2035.

According to a research report published by Spherical Insights & Consulting, the North America long steel products market is anticipated to hold USD 112826.6 Million by 2035, growing at a CAGR of 3.96% from 2025 to 2035. Growing infrastructure modernization, renewable energy expansion, rising construction activity, and increasing demand for high-strength rebars and structural steel create strong future opportunities in the North America long steel products market.

Market Overview

Growth in construction activity and infrastructure development, coupled with significant demand from the residential, commercial and industrial markets, has resulted in continued growth of the long steel products market within North America. Long steel products include rebar, wire rod, beams, and structural sections, and are used extensively in the construction of bridges, highways, tall buildings, and energy projects, facilitating consistent growth of the market for these products. Government investment in transportation infrastructures, renewable energy and urban development are also contributing to continued consumption levels and improved consumption within those markets. Long steel products are being increasingly used in the Automotive and Manufacturing Industries as components and machinery parts. Innovations in the production techniques used to manufacture steel are also having a positive impact on the long steel products market due to the gradual shift to higher strength, sustainable materials.

Report Coverage

This research report categorizes the market for the North America long steel products market 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 North America long steel products 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 North America long steel products market.

Driving Factors

The growth in demand for long steel products in North America is driven by infrastructure development and construction growth combined with large-scale federal investment in these areas - bridges, highways, railways, urban redevelopment. The strong increase from consumption of rebar, beams, structural steel and all other types of products used in residential and commercial buildings has also increased the demand for long steel products. In addition to the increased need for long steel products in the construction industry, there has been increased growth in the manufacturing, automotive, and energy sectors, which is driving increased demand for/usage of long steel products as well. There has been a trend toward high-strength, sustainable steel materials, which has resulted in the increased implementation of high-strength, sustainable long steel products in North America as a result of technology advancements in production processes and materials.

Restraining Factors

High raw material price volatility, supply chain disruptions, tightening environmental regulations, and competition from alternative materials such as composites and aluminum restrain growth in the North America long steel products market.

Market Segmentation

The North America long steel products market share is classified into product and end use.

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

The North America long steel products market is segmented by product into rebars, wire rods, sections, and tubes. Among these, the rebars segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Rebars dominated in 2024 due to high demand in construction and infrastructure, while wire rods are projected to grow fastest, driven by expanding manufacturing, automotive applications, and specialty industrial uses across North America.

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

The North America long steel products market is segmented by end use into building & construction, automotive & aerospace, railways & highways, and others. Among these, the building & construction segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Building & construction dominated in 2024 due to extensive urban development and infrastructure projects, while Railways & Highways are expected to grow fastest, supported by government investments and modernization of transport networks.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America long steel products 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

• Watania Steel
• Union Iron & Steel
• Rajhi Steel
• Hamriyah Steel
• Arabian Gulf Steel Industries
• Emirates Steel
• Jindal Stainless
• ArcelorMittal SA Depository Receipt

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 Europe, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America long steel products market based on the following segments:

North America Long Steel Products Market, By Product

• Rebars
• Wire Rods
• Sections
• Tubes

North America Long Steel Products Market, By End Use

• Building & Construction
• Automotive & Aerospace
• Railways & Highways
• Others