The United States Raw Steel Market was valued at US$ 86.5 billion in 2024 and is projected to reach US$ 112.8 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period (2024-2030). This steady growth is driven by infrastructure investments, automotive sector recovery, and the nationwide shift toward sustainable steel production methods.

As the backbone of American industrial capabilities, the raw steel sector serves critical industries from construction to transportation. This analysis profiles the Top 10 Companies in the United States Raw Steel Market – the production leaders and innovators forging America’s industrial future.

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🔟 1. Nucor Corporation

Headquarters: Charlotte, North Carolina
Key Offering: Steel bars, beams, sheets, and plates via EAF technology

Nucor revolutionized steel manufacturing through its pioneering electric arc furnace (EAF) operations, establishing itself as America’s largest steel producer and sustainability leader.

Industry Leadership:

• Operates 23 scrap-based EAF mills representing 60+% of industry capacity
• 2023 production: 22.9 million tons including acquisitions
• 70% lower CO2 emissions than global industry average

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9️⃣ 2. United States Steel Corporation

Headquarters: Pittsburgh, Pennsylvania
Key Offering: Integrated steel production – slabs, rounds, sheets

The 122-year-old steel giant maintains dominance through vertically integrated mining, furnaces, and finishing mills across the Great Lakes region.

Strategic Advantages:

• 8.4 million tons annual raw steel capacity
• Big River Steel acquisition expanded EAF capabilities
• $3 billion committed to next-gen sustainable steel projects

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8️⃣ 3. Steel Dynamics, Inc.

Headquarters: Fort Wayne, Indiana
Key Offering: Flat roll, structural, and specialty steel products

SDI’s efficient mini-mill model delivers high-quality steel with industry-leading profitability and environmental performance.

Production Excellence:

• 13.2 million tons annual production capacity
• 98% steel recycling rate across facilities
• $2.2 billion Sinton, TX mill expansion completed in 2023

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7️⃣ 4. ArcelorMittal USA

Headquarters: Chicago, Illinois
Key Offering: Integrated steel for automotive/construction sectors

The U.S. division of the world’s second-largest steel producer combines global expertise with domestic manufacturing capabilities.

Market Position:

• 5 major integrated steel plants nationwide
• Primary supplier to Detroit automotive manufacturers
• Leading hydrogen-based steel R&D initiatives

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6️⃣ 5. Cleveland-Cliffs Inc.

Headquarters: Cleveland, Ohio
Key Offering: Integrated steel and iron ore pellet production

The transformed mining company now operates as North America’s largest flat-rolled steel producer through strategic acquisitions.

Growth Strategy:

• Acquired AK Steel (2020) and ArcelorMittal USA (2020)
• 17 million tons annual raw steel capacity
• Self-sufficient iron ore pellet operations

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5️⃣ 6. Commercial Metals Company

Headquarters: Irving, Texas
Key Offering: Rebar, merchant bar, and structural steel

CMC dominates the reinforcing steel market while maintaining exceptional operational safety and efficiency.

Competitive Differentiators:

• 7 EAF micro-mills across Sun Belt states
• Industry-best 0.67 injury rate (2023)
• Proprietary scrap processing technology

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4️⃣ 7. Big River Steel

Headquarters: Osceola, Arkansas
Key Offering: Advanced high-strength automotive steels

This US Steel subsidiary represents the new generation of smart, sustainable steel manufacturing in America.

Technical Leadership:

• World’s first LEED-certified steel mill
• AI-optimized production systems
• 3.3 million tons annual production capacity

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3️⃣ 8. TimkenSteel Corporation

Headquarters: Canton, Ohio
Key Offering: Special bar quality (SBQ) and mechanical tubing

The precision steel manufacturer serves demanding applications in automotive, energy, and industrial equipment sectors.

Specialized Capabilities:

• 1.6 million tons annual production
• 85% recycled content in products
• Proprietary clean steel manufacturing processes

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2️⃣ 9. Gerdau Special Steel North America

Headquarters: Tampa, Florida
Key Offering: Special bar, wire rod, and forged steel

The North American division of Brazilian steel leader Gerdau focuses on premium engineered steel products.

Quality Leadership:

• 5 strategic mills across U.S. and Canada
• Major supplier to agricultural/heavy equipment sectors
• ISO/TS 16949 certified automotive systems

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1️⃣ 10. Liberty Steel USA

Headquarters: Peoria, Illinois
Key Offering: Wire rod, rebar, and merchant products

This GFG Alliance company combines global expertise with American production capabilities in key markets.

Market Footprint:

• Operations across 8 Midwest states
• 1.8 million tons combined capacity
• Green steel initiatives with renewable energy integration

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🏭 Outlook: The Future of U.S. Steel is Sustainable and Automated

The American steel industry stands at a transformative crossroads where traditional production meets 21st century technology. As market leaders invest billions in modernization, key trends are emerging:

📈 Market-Shaping Trends:

• Green Steel Transition: EAF production projected to reach 75% of U.S. output by 2030
• Technology Adoption: AI-driven mills achieving 15-20% yield improvements
• Infrastructure Demand: Federal funding driving 12% annual steel consumption growth
• Circular Economy: 93% of U.S. steel now uses recycled feedstock

Get Full Report Here:
United States Raw Steel Market – View in Detailed Research Report

The companies profiled represent more than steel production – they’re building America’s infrastructure, advancing sustainable manufacturing, and securing the nation’s industrial competitiveness.