Brazil Carbon Steel Market Size & Outlook, 2025-2030
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Brazil carbon steel market highlights
- The Brazil carbon steel market generated a revenue of USD 12,592.2 million in 2024 and is expected to reach USD 16,286.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
- In terms of segment, low carbon steel was the largest revenue generating type in 2024.
- Low Carbon Steel is the most lucrative type segment registering the fastest growth during the forecast period.
Carbon steel market data book summary
| Market revenue in 2024 | USD 12,592.2 million |
| Market revenue in 2030 | USD 16,286.2 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Low carbon steel |
| Fastest growing segment | Low Carbon Steel |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Carbon Steel, Medium Carbon Steel, High Carbon Steel |
| Key market players worldwide | Cleveland-Cliffs Inc, ArcelorMittal SA Depository Receipt, BAOSTEEL, HBIS, JFE Holdings Inc, Nippon Steel Corp, POSCO Holdings Inc ADR, United States Steel Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.2% of the global carbon steel market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil carbon steel market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 16,286.2 million by 2030.
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Carbon Steel Market Scope
Carbon Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HBIS | View profile | 51-100 | Waxahachie, Texas, United States, North America | https://www.hbisonline.com |
| United States Steel Corp | View profile | 21803 | 600 Grant Street, Pittsburgh, PA, United States, 15219-2800 | https://www.ussteel.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
| JFE Holdings Inc | View profile | 44469 | 2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, Japan, 100-0011 | http://www.jfe-holdings.co.jp |
| Cleveland-Cliffs Inc | View profile | 28000 | 200 Public Square, Suite 3300, Cleveland, OH, United States, 44114-2315 | https://www.clevelandcliffs.com |
| ArcelorMittal SA Depository Receipt | View profile | 126756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | http://www.arcelormittal.com |
Brazil carbon steel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon steel market will help companies and investors design strategic landscapes.
Low carbon steel was the largest segment with a revenue share of 88.74% in 2024. Horizon Databook has segmented the Brazil carbon steel market based on low carbon steel, medium carbon steel, high carbon steel covering the revenue growth of each sub-segment from 2018 to 2030.
Growing population coupled with increasing per capita disposable income of the middle-class population is expected to propel construction spending in residential sector. As per the Organization for Economic Co-operation and Development, the GDP of Brazil accounted for USD 15,651 per capita in 2018 and is projected to advance at a rate of 2.4% by 2020. The demand for carbon steel in building & construction application is likely to increase over the forecast period in the country.
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Our clientele includes a mix of carbon steel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil carbon steel market , including forecasts for subscribers. This country databook contains high-level insights into Brazil carbon steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil Type - Carbon Steel Market size, 2024 - 2030 (US$M)
Brazil Carbon Steel Market Outlook Share, 2024 & 2030 (US$M)
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