North America Steel Rebar Market Research Report, 2030
- Actual Market Research
- 10-03-2025
- Pages : 97
- Figures : 11
- Tables : 26
- Region : North America
- Category : Chemical & Material
- Metal & Mineral
The North America Steel Rebar Market, valued at USD 26.83B in 2024, is expanding due to growing infrastructure and construction projects.
- Historical Period2019-2023
- Base Year2024
- Forecast Period2025-2030
- Market Size (2024) USD 26.83 Billion
- Largest MarketUnited States
- Fastest Market Mexico
- Format
Featured Companies
- 1. Kobe Steel Ltd
- 2. Gerdau S.A.
- 3. Nippon Steel Corporation
- 4. JFE Holdings, Inc
- 5. Nucor Corporation
- More...
Steel Rebar Market Analysis
The North America steel rebar market has evolved over decades, driven by the growing demand for reinforced concrete in construction. Initially, the market was shaped by the emergence of new building techniques and materials, which paved the way for the use of rebar in infrastructure projects. Steel rebar began to replace earlier forms of concrete reinforcement, such as iron bars, due to its superior strength and durability. Over time, advancements in steel production technologies, such as the introduction of Electric Arc Furnace (EAF) systems, enabled manufacturers to produce high-quality rebar at more competitive prices. As industrialization took hold across North America, the need for robust and long-lasting infrastructure such as bridges, highways, and large buildings sparked the growth of rebar usage. The market has seen substantial transformations, especially during periods of intense urbanization, which further boosted demand in both residential and commercial construction sectors. Technological innovations also played a key role, leading to the development of higher grades of steel rebar that offer better performance in harsh environments, including seismic areas and coastal regions. With the increasing sophistication of construction practices, rebar products have been tailored for specific applications, such as epoxy-coated or galvanized variants designed to provide additional protection against corrosion. In the global context, the North American market is a significant player, reflecting the advanced infrastructure needs of countries like the United States and Canada. The region’s reliance on steel rebar has not only been influenced by its large-scale construction projects but also by the continuous focus on improving and replacing outdated structures. According to the research report "North America Steel rebar Market Research Report, 2030," published by Actual Market Research, the North America Steel rebar Market was valued at more than USD 26.83 Billion in 2024. The market growth is driven by the resurgence of construction and infrastructure projects across the United States. Post-pandemic, the U.S. market has experienced a rapid recovery, with demand surging due to extensive government spending on infrastructure upgrades, particularly in transportation and public works. While the COVID-19 pandemic caused disruptions in raw material sourcing, manufacturing, and workforce availability, the recovery phase has seen the industry bounce back as key players adapt to shifting supply chains and increased material costs. Texas and Ohio continue to dominate production, as the concentration of steel mills and rebar manufacturers in these areas benefits from proximity to major construction hubs. The continued urban expansion and a focus on sustainable building practices are fueling the demand for high-strength and corrosion-resistant rebar products, particularly epoxy-coated rebar. Established players like Nucor and Commercial Metals Company hold strong market shares, leveraging state-of-the-art Electric Arc Furnace (EAF) technology to offer cost-effective solutions that align with sustainability goals, minimizing carbon emissions and energy consumption. These companies are also expanding their research initiatives to explore innovative rebar products designed for use in seismic zones or harsh environments. However, the U.S. market also faces challenges such as rising raw material costs and global supply chain disruptions. Smaller, regional players are emerging, aiming to capture niche markets by offering specialized rebar grades or catering to local construction needs. These new entrants often focus on cost-competitive strategies but face hurdles such as limited production capacity and brand recognition.
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Market Drivers • Infrastructure Investment & Rebuilding North America has seen a strong push for infrastructure improvement and rebuilding, especially after the COVID-19 pandemic and the introduction of various government-funded stimulus packages. The focus on enhancing transportation networks, bridges, highways, and utilities in the U.S. and Canada has led to sustained demand for steel rebar to meet the reinforcement needs of large-scale construction projects. • Urbanization and Population Growth Rapid urban expansion, especially in metropolitan regions, increases the demand for construction materials. Steel rebar is critical in the development of residential, commercial, and mixed-use buildings, where structural integrity is paramount. The continued migration to urban areas in North America propels a steady need for steel rebar in new residential and commercial developments. Market Challenges • Fluctuating Raw Material Prices The steel rebar market in North America is highly sensitive to the volatility in the prices of raw materials, such as iron ore and scrap steel. Price increases in these raw materials due to global supply chain disruptions, mining challenges, or international trade policies can negatively affect production costs, impacting profit margins for manufacturers and the affordability of rebar. • Environmental Compliance and Carbon Footprint Reduction Stricter environmental regulations are becoming increasingly significant in North America. The steel industry faces regulatory pressure to adopt greener production methods, with a focus on reducing carbon emissions. Transitioning to more sustainable production processes, such as using renewable energy sources or more efficient furnaces, introduces technical and financial hurdles for producers of steel rebar. Market Trends • Technological Advancements in Production The adoption of advanced manufacturing technologies is transforming the North American steel rebar market. Innovations such as 3D rebar scanning, automation in rebar bending and cutting, and the use of electric arc furnaces are helping manufacturers improve production efficiency, reduce waste, and maintain high-quality standards in rebar production. • Increased Demand for Specialized Rebars There is a notable trend towards the increased use of high-performance rebar, particularly epoxy-coated, galvanized, and stainless steel rebars. These rebars offer enhanced durability and corrosion resistance, particularly important in infrastructure projects in regions prone to high moisture or exposure to harsh chemicals, such as coastal or industrial areas in North America.
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Steel Rebar Segmentation
| By Type | Mild Steel Rebar | |
| Deformed Steel Rebar | ||
| By Process | Basic Oxygen Steelmaking (BOS) | |
| Electric Arc Furnace (EAF) | ||
| By Coating Type | Plain Carbon Steel Rebar | |
| Epoxy-coated Steel Rebar | ||
| Galvanized Steel Rebar | ||
| Others | ||
| By End-Use Industry | Construction | |
| Infrastructure | ||
| Energy & Utilities | ||
| By Grade | Grade 40 | |
| Grade 60 | ||
| Grade 75 | ||
| Grade 80 | ||
| Other High-Strength Grades | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
Deformed steel bar is significant in the North American steel rebar industry due to its superior bond strength with concrete, making it essential for high-strength, durable construction in infrastructure projects across the region. Deformed steel bars are crucial in the North American steel rebar industry because their surface deformations, such as ridges and indentations, significantly enhance the bond between the rebar and concrete. This bond is essential for high-performance applications in infrastructure projects, where the reinforcement must withstand heavy loads, seismic forces, and environmental stress. In regions across North America, where infrastructure projects such as bridges, highways, and high-rise buildings are in constant demand, the ability of deformed steel bars to resist tension and bending makes them the material of choice for reinforcing concrete. These bars provide better load distribution and ensure that the rebar and concrete work together as a unified system, improving the overall strength and stability of structures. With North America’s increasing focus on revitalizing and expanding its infrastructure, deformed steel bars have become indispensable, especially in projects requiring long-lasting durability. Areas prone to extreme weather conditions or natural disasters, such as earthquakes or floods, benefit from the added strength of deformed bars, which help the structures maintain integrity under stress. Moreover, the growing trend of urbanization in North America has led to a rise in large-scale construction projects, where the strength and performance characteristics of deformed steel bars are required to meet modern building standards. Deformed steel bars are also beneficial in reducing long-term maintenance costs, as they help prevent structural degradation caused by cracking or shifting of concrete. The Electric Arc Furnace (EAF) is the fastest-growing method in the North American steel rebar industry due to its cost-efficiency, energy savings, and environmental benefits, particularly with the increasing use of recycled scrap steel. The Electric Arc Furnace (EAF) is rapidly gaining traction in the North American steel rebar industry due to its economic advantages and sustainability profile. Unlike traditional blast furnaces, which require vast quantities of raw iron ore, EAF primarily utilizes scrap steel as its main input, making it highly cost-effective and adaptable to fluctuations in raw material availability. As scrap steel is more abundant and cheaper than virgin iron ore, the EAF method significantly reduces the cost of production for steel rebar, which is particularly advantageous in a competitive market like North America. Additionally, the EAF process is more energy-efficient, as it uses electricity to melt scrap steel, and newer technologies have improved its energy consumption and carbon footprint, making it an environmentally friendly option in comparison to traditional methods. This reduction in energy usage and greenhouse gas emissions aligns with North America's growing commitment to sustainable industrial practices and compliance with increasingly stringent environmental regulations. In the face of rising demand for greener production processes, EAF offers a more eco-conscious solution, especially in regions such as the U.S. and Canada, where there is a strong push for reducing industrial carbon emissions. Furthermore, EAF technology is highly flexible, allowing manufacturers to produce a variety of steel grades with greater precision, making it suitable for meeting the specific demands of North American construction projects, which increasingly require high-quality, durable rebar. The ease of adapting production lines and the relatively low capital investment required compared to blast furnaces have led to a rapid adoption of EAF technology, positioning it as the fastest-growing method in North America's steel rebar industry. Epoxy-coated steel rebar is the fastest-growing segment in the North American steel rebar industry due to its superior corrosion resistance, making it ideal for infrastructure projects exposed to harsh weather conditions, particularly in regions with severe winters and coastal environments. In North America, epoxy-coated steel rebar is experiencing rapid growth because of its exceptional ability to withstand corrosion, which is a significant concern in areas with harsh climates and aggressive environments. The winter months in regions like the northeastern U.S. and Canada, where de-icing salts are widely used on roads and bridges, significantly contribute to the accelerated deterioration of unprotected steel rebar. This corrosion leads to costly repairs and safety risks, making the use of epoxy-coated rebar a preferred choice in infrastructure projects. The epoxy coating provides a protective barrier that prevents the penetration of chloride ions and moisture, which are the primary causes of corrosion, especially in bridge decks, highways, and other critical infrastructure exposed to these harsh elements. The increasing focus on the longevity and sustainability of infrastructure in North America, as well as the higher cost of repairing corrosion-damaged structures, has led to a preference for epoxy-coated rebar in both new construction and rehabilitation projects. Furthermore, the U.S. and Canadian governments have implemented stricter regulations to enhance the durability and safety of public infrastructure, promoting the use of more resistant materials like epoxy-coated rebar. In coastal regions such as the Gulf Coast and Pacific Northwest, where saltwater exposure can accelerate rusting, epoxy-coated rebar is particularly important for ensuring the longevity of marine structures, piers, and coastal highways. Additionally, with the growing push for sustainable and resilient infrastructure, the demand for materials that can reduce long-term maintenance costs and extend the lifespan of critical structures has driven the increased adoption of epoxy-coated steel rebar in North America. Construction is the largest segment in the North American steel rebar industry due to the continuous demand for infrastructure development, urbanization, and large-scale residential, commercial, and civil engineering projects across the region. The construction industry is the largest segment in the North American steel rebar market because steel rebar plays a critical role in reinforcing concrete structures that form the backbone of the region’s infrastructure. With ongoing urbanization and a growing population, particularly in major cities across the United States and Canada, there is a constant need for new buildings, transportation networks, and public facilities. Steel rebar is an essential material for reinforcing concrete in these applications, providing strength and durability necessary for high-rise buildings, bridges, highways, and commercial complexes. Additionally, government-funded infrastructure projects, especially in transportation and utilities, drive the demand for steel rebar as part of efforts to renew aging infrastructure. This trend has been further accelerated by programs such as the U.S. Infrastructure Investment and Jobs Act, which allocates substantial funds toward upgrading public infrastructure, creating a consistent demand for materials like steel rebar. In the residential sector, there is a steady demand for steel rebar in the construction of foundations, basements, and other concrete structures. The rise in both suburban development and the need for sustainable and resilient housing in urban areas has also led to an increased reliance on rebar for these projects. In addition to new construction, steel rebar is also integral to the renovation and rehabilitation of existing infrastructure, particularly in regions with aging bridges and roads, where concrete reinforcement is required to extend the lifespan of structures. Grade 60 steel rebar is the largest segment in the North American steel rebar industry due to its optimal balance of strength, cost-effectiveness, and versatility, making it the standard for most construction and infrastructure projects. Grade 60 steel rebar is the most widely used rebar grade in the North American steel rebar market because it provides a perfect balance between strength and affordability, making it ideal for a broad range of construction applications. With a minimum yield strength of 60,000 psi, Grade 60 offers the tensile strength necessary for reinforced concrete structures, ensuring durability and safety across both residential and commercial projects. This combination of strength and affordability makes it a preferred choice for a wide variety of construction types, including high-rise buildings, roads, bridges, foundations, and other infrastructure projects. The versatility of Grade 60 also extends to its compatibility with various construction methods and concrete mixes, which is why it is typically specified in building codes for general use in North America. In regions like the United States and Canada, where infrastructure renewal projects are a priority, Grade 60 rebar is commonly used for reinforcing aging bridges, highways, and other critical infrastructure, ensuring these structures meet modern load-bearing and durability standards. Moreover, Grade 60 rebar is often favored for its balance between performance and cost, which is especially important in large-scale, government-funded projects. The widespread availability of Grade 60, coupled with its reliable mechanical properties, makes it the go-to rebar grade for contractors and engineers who need an efficient solution for everyday construction needs. Its dominance in the market is further reinforced by its compliance with North American standards, including ASTM A615, making it a trusted material that meets safety regulations and performance requirements.
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Steel Rebar Market Regional Insights
The United States has the largest market in the North American steel rebar industry due to its massive infrastructure needs, high construction activity, and large-scale investment in both new and revitalized public and private projects. The United States holds the largest market share in the North American steel rebar industry due to its significant demand for steel rebar driven by extensive infrastructure development, urbanization, and ongoing investments in the construction sector. As the world’s largest economy, the U.S. undertakes numerous large-scale public works and private construction projects, ranging from bridges, highways, and rail systems to commercial buildings and residential developments. The country’s focus on improving and modernizing aging infrastructure, such as roads and bridges, has led to a constant need for steel rebar as a key material for reinforcement in concrete structures. Moreover, the U.S. government has invested billions in infrastructure programs, such as the Infrastructure Investment and Jobs Act, which directly increases demand for steel rebar as it funds the renewal of critical infrastructure. In addition to public works, the U.S. experiences substantial growth in the residential and commercial construction sectors, particularly in urban and suburban areas, which drives a continual need for reinforced concrete. The increasing trend of urbanization and population growth in major cities necessitates the construction of high-rise buildings, commercial spaces, and residential complexes, all of which rely on steel rebar for structural support. The United States is also at the forefront of technological advancements in the steel industry, including the adoption of more efficient and sustainable methods like the Electric Arc Furnace (EAF), which supports the production of steel rebar in a cost-effective and environmentally friendly manner. Furthermore, the demand for higher-quality rebar in specialty applications, such as seismic-resistant buildings in earthquake-prone areas, boosts the overall market for steel rebar.
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Companies Mentioned
- Kobe Steel Ltd
- Gerdau S.A.
- Nippon Steel Corporation
- JFE Holdings, Inc
- Nucor Corporation
- Cleveland-Cliffs Inc.
- Hesteel Group Company Limited
- Hyundai Steel Co., Ltd.
- Daido Steel Co., Ltd.
- Steel Dynamics, Inc.
- Stelco Holdings Inc.
Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Steel Rebar Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Geography
- 5.4. Market Size and Forecast, By Type
- 5.5. Market Size and Forecast, By Process
- 5.6. Market Size and Forecast, By Coating Type
- 5.7. Market Size and Forecast, By End-Use Industry
- 5.8. Market Size and Forecast, By Grade
- 6. Market Dynamics
- 6.1. Market Drivers & Opportunities
- 6.2. Market Restraints & Challenges
- 6.3. Market Trends
- 6.3.1. XXXX
- 6.3.2. XXXX
- 6.3.3. XXXX
- 6.3.4. XXXX
- 6.3.5. XXXX
- 6.4. Supply chain Analysis
- 6.5. Policy & Regulatory Framework
- 6.6. Industry Experts Views
- 7. North America Steel Rebar Market Outlook
- 7.1. Market Size By Value
- 7.2. Market Share By Country
- 7.3. Market Size and Forecast, By Type
- 7.4. Market Size and Forecast, By Process
- 7.5. Market Size and Forecast, By Coating Type
- 7.6. Market Size and Forecast, By End-Use Industry
- 7.7. Market Size and Forecast, By Grade
- 7.8. United States Steel Rebar Market Outlook
- 7.8.1. Market Size by Value
- 7.8.2. Market Size and Forecast By Type
- 7.8.3. Market Size and Forecast By Process
- 7.8.4. Market Size and Forecast By End-Use Industry
- 7.9. Canada Steel Rebar Market Outlook
- 7.9.1. Market Size by Value
- 7.9.2. Market Size and Forecast By Type
- 7.9.3. Market Size and Forecast By Process
- 7.9.4. Market Size and Forecast By End-Use Industry
- 7.10. Mexico Steel Rebar Market Outlook
- 7.10.1. Market Size by Value
- 7.10.2. Market Size and Forecast By Type
- 7.10.3. Market Size and Forecast By Process
- 7.10.4. Market Size and Forecast By End-Use Industry
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Key Players Market Positioning Matrix
- 8.4. Porter's Five Forces
- 8.5. Company Profile
- 8.5.1. Nippon Steel Corporation
- 8.5.1.1. Company Snapshot
- 8.5.1.2. Company Overview
- 8.5.1.3. Financial Highlights
- 8.5.1.4. Geographic Insights
- 8.5.1.5. Business Segment & Performance
- 8.5.1.6. Product Portfolio
- 8.5.1.7. Key Executives
- 8.5.1.8. Strategic Moves & Developments
- 8.5.2. ArcelorMittal S.A.
- 8.5.3. JFE Holdings, Inc.
- 8.5.4. JSW Steel Limited
- 8.5.5. Nucor Corporation
- 8.5.6. Daido Steel Co., Ltd.
- 8.5.7. Hyundai Steel Co., Ltd.
- 8.5.8. Kobe Steel, Ltd.
- 8.5.9. Gerdau S.A.
- 8.5.10. Stelco Holdings Inc.
- 8.5.11. Stelco Holdings Inc.
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Steel Rebar Market Size and Forecast, By Geography (2019 to 2030F) (In USD Billion)
Table 6: Global Steel Rebar Market Size and Forecast, By Type (2019 to 2030F) (In USD Billion)
Table 7: Global Steel Rebar Market Size and Forecast, By Process (2019 to 2030F) (In USD Billion)
Table 8: Global Steel Rebar Market Size and Forecast, By Coating Type (2019 to 2030F) (In USD Billion)
Table 9: Global Steel Rebar Market Size and Forecast, By End-Use Industry (2019 to 2030F) (In USD Billion)
Table 10: Global Steel Rebar Market Size and Forecast, By Grade (2019 to 2030F) (In USD Billion)
Table 11: Influencing Factors for Steel Rebar Market, 2024
Table 12: North America Steel Rebar Market Size and Forecast, By Type (2019 to 2030F) (In USD Billion)
Table 13: North America Steel Rebar Market Size and Forecast, By Process (2019 to 2030F) (In USD Billion)
Table 14: North America Steel Rebar Market Size and Forecast, By Coating Type (2019 to 2030F) (In USD Billion)
Table 15: North America Steel Rebar Market Size and Forecast, By End-Use Industry (2019 to 2030F) (In USD Billion)
Table 16: North America Steel Rebar Market Size and Forecast, By Grade (2019 to 2030F) (In USD Billion)
Table 17: United States Steel Rebar Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 18: United States Steel Rebar Market Size and Forecast By Process (2019 to 2030F) (In USD Billion)
Table 19: United States Steel Rebar Market Size and Forecast By End-Use Industry (2019 to 2030F) (In USD Billion)
Table 20: Canada Steel Rebar Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 21: Canada Steel Rebar Market Size and Forecast By Process (2019 to 2030F) (In USD Billion)
Table 22: Canada Steel Rebar Market Size and Forecast By End-Use Industry (2019 to 2030F) (In USD Billion)
Table 23: Mexico Steel Rebar Market Size and Forecast By Type (2019 to 2030F) (In USD Billion)
Table 24: Mexico Steel Rebar Market Size and Forecast By Process (2019 to 2030F) (In USD Billion)
Table 25: Mexico Steel Rebar Market Size and Forecast By End-Use Industry (2019 to 2030F) (In USD Billion)
Table 26: Competitive Dashboard of top 5 players, 2024
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: Global Steel Rebar Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 5: Global Steel Rebar Market Share By Region (2024)
Figure 6: North America Steel Rebar Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 7: North America Steel Rebar Market Share By Country (2024)
Figure 8: US Steel Rebar Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 9: Canada Steel Rebar Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 10: Mexico Steel Rebar Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 11: Porter's Five Forces of Global Steel Rebar Market
Steel Rebar Market Research FAQs
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