The Global Thin Hot Rolled Sheet Market was valued at USD 350.2 Billion in 2023 and is projected to reach USD 485.7 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024–2030). This growth is primarily driven by escalating demand from the construction, automotive, and manufacturing sectors, alongside increased infrastructure investments in emerging economies and the adoption of advanced high-strength steel (AHSS) variants for lightweighting applications.

As the backbone of modern manufacturing, thin hot rolled sheet is indispensable for its excellent formability, strength, and cost-effectiveness. The market’s competitive landscape is shaped by global steel giants and specialized producers who are innovating in product quality, sustainability, and supply chain efficiency. In this blog, we profile the Top 10 Companies in the Thin Hot Rolled Sheet Industry—key players forging the future of this critical materials market.

Download FREE Sample Report: Global Thin Hot Rolled Sheet Market – View in Detailed Research Report

---

🔟 1. ArcelorMittal

Headquarters: Luxembourg City, Luxembourg
Key Offering: Hot Rolled Coils & Sheets, AHSS Grades, Usibor®

ArcelorMittal is the world’s largest steelmaker, with a commanding presence in the thin hot rolled sheet segment. The company supplies a wide range of grades to the automotive, construction, and industrial sectors, leveraging its global production network to ensure consistent quality and supply.

Innovation & Sustainability Initiatives:

• Pioneering development of Advanced High-Strength Steels (AHSS) for vehicle lightweighting

• Investment in carbon capture and smart carbon technologies to reduce emissions

• Target of 25% reduction in CO2 emissions intensity in Europe by 2030

---

9️⃣ 2. China Baowu Steel Group

Headquarters: Shanghai, China
Key Offering: Hot Rolled Steel Strips, High-Strength Low-Alloy (HSLA) Sheets

As the world’s largest steel producer by volume, China Baowu Steel Group exerts significant influence on the global thin hot rolled sheet market. The company’s massive production capacity and extensive distribution network make it a key supplier for both domestic Chinese demand and international markets.

Innovation & Sustainability Initiatives:

• Leading China’s industry consolidation and capacity optimization efforts

• Focus on producing higher-value-added steel products

• Commitment to peak carbon emissions by 2025 and carbon neutrality by 2050

---

8️⃣ 3. Nippon Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Tensile Strength Hot Rolled Sheets, NANO HITEN®

Nippon Steel is a global leader in high-grade steel products, renowned for its technological expertise in thin hot rolled sheets. The company’s products are critical for automotive manufacturers seeking lightweight, high-strength materials for improved fuel efficiency and safety.

Innovation & Sustainability Initiatives:

• Development of world-leading high-tensile steel technologies

• Strategic global partnerships and joint ventures to expand market reach

• Carbon neutrality roadmap with significant investments in hydrogen reduction technology

---

7️⃣ 4. POSCO

Headquarters: Pohang, South Korea
Key Offering: Hot Rolled Steel, POSCO GIGA STEEL, eAuto Steel solutions

POSCO is one of the world’s most technologically advanced steel producers, with a strong focus on the thin hot rolled sheet segment. The South Korean giant is a preferred supplier for global automakers and appliance manufacturers, known for its consistent quality and innovation.

Innovation & Sustainability Initiatives:

• Leadership in developing steel solutions for electric vehicles

• Pioneering hydrogen-based steelmaking through HyREX technology

• Aiming for carbon neutrality by 2050 with interim 2030 targets

Download FREE Sample Report: Global Thin Hot Rolled Sheet Market – View in Detailed Research Report

---

6️⃣ 5. Nucor Corporation

Headquarters: Charlotte, North Carolina, USA
Key Offering: Hot Rolled Sheet, Galvanized Sheet, Electrical Steel

Nucor is North America’s largest steel producer and a dominant force in the thin hot rolled sheet market. The company’s mini-mill approach, using electric arc furnaces (EAFs) and scrap metal, gives it a significant cost and environmental advantage over traditional integrated steelmakers.

Innovation & Sustainability Initiatives:

• Expansion of value-added sheet products through strategic acquisitions

• Investment in new sheet mills to increase capacity and efficiency

• Leadership in EAF steelmaking, which has a lower carbon footprint

---

5️⃣ 6. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Hot Rolled Sheets, JFE EWEL® (High-Strength Steel)

JFE Steel, a subsidiary of JFE Holdings, is a major global supplier of high-quality thin hot rolled sheets. The company excels in producing advanced steel grades for demanding applications in automotive, energy, and construction industries.

Innovation & Sustainability Initiatives:

• Development of next-generation high-strength steel products

• Focus on steel products for renewable energy infrastructure

• Commitment to carbon neutrality by 2050 through COURSE50 technology

---

4️⃣ 7. Tata Steel

Headquarters: Mumbai, India
Key Offering: Hot Rolled Coils, Tata Steel Agrico, Automotive Grade Steel

Tata Steel is one of India’s largest and oldest steel producers with a significant global footprint in the thin hot rolled sheet market. The company serves diverse sectors with a focus on innovation and sustainable manufacturing practices.

Innovation & Sustainability Initiatives:

• Development of indigenous steel technologies for the Indian market

• Expansion of automotive steel capabilities to serve growing markets

• Carbon reduction targets aligned with Paris Agreement goals

---

3️⃣ 8. HBIS Group

Headquarters: Shijiazhuang, Hebei, China
Key Offering: Hot Rolled Steel Coils, High-Strength Steel Plates

HBIS Group is China’s second-largest steel producer and a major player in the global thin hot rolled sheet market. The company has been actively upgrading its facilities to produce higher-value products and improve environmental performance.

Innovation & Sustainability Initiatives:

• Technology partnerships with global leaders like Tenova and Danieli

• Focus on product diversification and quality improvement

• Environmental upgrades to meet China’s ultra-low emission standards

---

2️⃣ 9. SSAB

Headquarters: Stockholm, Sweden
Key Offering: Hot Rolled Strip, SSAB Domex®, SSAB Weathering Steel

SSAB is a Nordic and US-based steel company specializing in high-strength steels. The company’s expertise in producing advanced thin hot rolled sheets makes it a key supplier for demanding applications in construction, transportation, and heavy machinery.

Innovation & Sustainability Initiatives:

• Pioneering fossil-free steel production through HYBRIT technology

• Leadership in high-strength steel for weight reduction and sustainability

• Target to largely eliminate CO2 emissions from operations by 2030

---

1️⃣ 10. JSW Steel

Headquarters: Mumbai, India
Key Offering: Hot Rolled Coils & Sheets, Automotive Steel, Color Coated Sheets

JSW Steel is India’s leading integrated steel company and a growing force in the global thin hot rolled sheet market. The company has been expanding its capacity and product range to meet rising domestic and international demand.

Innovation & Sustainability Initiatives:

• Continuous expansion of value-added steel product portfolio

• Investment in digitalization and Industry 4.0 technologies

• Commitment to reducing carbon emissions intensity by 42% by 2030

Get Full Report Here: Global Thin Hot Rolled Sheet Market – View in Detailed Research Report

---

🏭 Outlook: The Future of Thin Hot Rolled Sheet Is Smarter and Greener

The thin hot rolled sheet market is undergoing a significant transformation. While traditional construction and automotive applications continue to drive volume, the industry is increasingly focused on sustainable production methods, digitalization, and the development of advanced materials for next-generation applications.

📈 Key Trends Shaping the Market:

• Accelerated adoption of Electric Arc Furnace (EAF) technology for lower-carbon steel production

• Growing demand for Advanced High-Strength Steels (AHSS) in automotive lightweighting

• Digitalization of manufacturing processes through AI and IoT for quality control and efficiency

• Increasing infrastructure investments in emerging economies driving construction sector demand

Get Full Report Here: Global Thin Hot Rolled Sheet Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for global manufacturing—they’re leading the technological transformation of the steel industry toward a more efficient and sustainable future.