Russia Flat Steel Market Size & Outlook, 2022-2030

The flat steel market in Russia is expected to reach a projected revenue of US$ 26,868.7 million by 2030. A compound annual growth rate of 1.1% is expected of Russia flat steel market from 2023 to 2030.
Revenue, 2022 (US$M)
$24,556.5
Forecast, 2030 (US$M)
$26,868.7
CAGR, 2023 - 2030
1.1%
Report Coverage
Russia

Russia flat steel market highlights

  • The Russia flat steel market generated a revenue of USD 24,556.5 million in 2022 and is expected to reach USD 26,868.7 million by 2030.
  • The Russia market is expected to grow at a CAGR of 1.1% from 2023 to 2030.
  • In terms of segment, plates was the largest revenue generating product in 2022.
  • Plates is the most lucrative product segment registering the fastest growth during the forecast period.

Flat steel market data book summary

Market revenue in 2022USD 24,556.5 million
Market revenue in 2030USD 26,868.7 million
Growth rate1.1% (CAGR from 2022 to 2030)
Largest segmentPlates
Fastest growing segmentPlates
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSheets & Coils, Plates
Key market players worldwideArcelorMittal SA Depository Receipt, BAOSTEEL, JFE Holdings Inc, Nippon Steel Corp, Nucor Corp, Outokumpu Oyj Class A, POSCO Holdings Inc ADR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG, United States Steel Corp, Voestalpine AG, Ezz Steel, HBIS

Other key industry trends

  • In terms of revenue, Russia accounted for 3.0% of the global flat steel market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Russia flat steel market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 25,079.0 million by 2030.

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Flat Steel Market Companies

Name Profile # Employees HQ Website

Russia flat 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 flat steel market will help companies and investors design strategic landscapes.


Plates was the largest segment with a revenue share of 70.3% in 2022. Horizon Databook has segmented the Russia flat steel market based on sheets & coils, plates covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of flat 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 Russia flat steel market , including forecasts for subscribers. This country databook contains high-level insights into Russia flat steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia flat steel market size, by product, 2018-2030 (US$M)

Russia Flat Steel Market Outlook Share, 2022 & 2030 (US$M)

Russia flat steel market size, by product, 2018-2030 (US$M)

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