Hot rolling is a mill process which involves rolling the steel at a high temperature (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed easily, and the steel can be made in much larger sizes. Hot rolled steel is typically cheaper than cold rolled steel due to the fact that it is often manufactured without any delays in the process, and therefore the reheating of the steel is not required (as it is with cold rolled). When the steel cools off it will shrink slightly thus giving less control on the size and shape of the finished product when compared to cold rolled.
Hot Rolled Coils refers to the rolling of flat rolled sheet and coil products.
This report contains market size and forecasts of Hot Rolled Coils in global, including the following market information:
Global Hot Rolled Coils Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hot Rolled Coils Market Sales, 2017-2022, 2023-2028, (M MT)
Global top five Hot Rolled Coils companies in 2021 (%)
The global Hot Rolled Coils market was valued at 251.1 million in 2021 and is projected to reach US$ 296.3 million by 2028, at a CAGR of 2.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
≥3mm Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hot Rolled Coils include ArcelorMittal, China Baowu Steel Group, Nippon Steel & Sumitomo Metal, JFE Steel Corporation, Ansteel Group, Tata Steel, Hesteel Group, POSCO and Nucor Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hot Rolled Coils manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hot Rolled Coils Market, by Thickness, 2017-2022, 2023-2028 ($ Millions) & (M MT)
Global Hot Rolled Coils Market Segment Percentages, by Thickness, 2021 (%)
≥3mm
<3mm
Global Hot Rolled Coils Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M MT)
Global Hot Rolled Coils Market Segment Percentages, by Application, 2021 (%)
Construction
Transport
Energy
Machinery
Others
Global Hot Rolled Coils Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M MT)
Global Hot Rolled Coils Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hot Rolled Coils revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hot Rolled Coils revenues share in global market, 2021 (%)
Key companies Hot Rolled Coils sales in global market, 2017-2022 (Estimated), (M MT)
Key companies Hot Rolled Coils sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ArcelorMittal
China Baowu Steel Group
Nippon Steel & Sumitomo Metal
JFE Steel Corporation
Ansteel Group
Tata Steel
Hesteel Group
POSCO
Nucor Corporation
Benxi Steel Group
Shougang
Shagang Group
NLMK Group
ThyssenKrupp
JSW Steel Ltd
Maanshan Steel
United States Steel Corporation
Jianlong Group
Valin Steel Group
Steel Authority of India Limited
China Steel Corporation
Hyundai Steel
Jingye Steel
Gerdau