Steel Rebar Market Report 2026

The steel rebar market size has grown strongly in recent years. It will grow from $266.63 billion in 2025 to $283.22 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to growth in residential construction, expansion of public infrastructure projects, increasing industrial development, rising demand from commercial buildings, adoption of conventional hot rolled and mild rebars.

The steel rebar market size is expected to see strong growth in the next few years. It will grow to $365.98 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising urbanization and smart city projects, increasing demand for earthquake-resistant structures, growth in highway and bridge construction, adoption of corrosion-resistant and coated rebars, expansion of industrial and energy infrastructure. Major trends in the forecast period include rising use of high-strength steel rebars in construction, integration of automation and robotics in rebar manufacturing, growing focus on corrosion-resistant and coated rebars, implementation of smart manufacturing and process monitoring, increasing adoption of rebars in large-scale infrastructure projects.

The rising building and construction activities are expected to drive the growth of the steel rebar market in the coming years. Building and construction activities involve the development, maintenance, and repair of infrastructure, including residential, commercial, and industrial structures. These activities are increasing due to rapid urbanization, which is boosting demand for new infrastructure and housing developments. Steel rebar supports building and construction projects by reinforcing concrete structures, providing the strength and durability necessary for long-lasting construction. For example, in November 2024, the Office for National Statistics (ONS), a UK-based government department, reported that in 2023 the value of new construction work in Great Britain rose by 4.2% to a record £139.02 billion ($152,932 million), driven by increases in both the private sector (£2,050 million / $2.25 billion) and the public sector (£3,578 million / $3.93 billion). Consequently, the growth of building and construction activities is driving the steel rebar market.

The prevailing trend of product innovation is a key factor gaining traction in the steel rebar market. Leading companies within the steel rebar market are directing their efforts towards the development of new steel bars featuring enhanced mechanical and metallurgical properties to broaden their applicability. For example, in March 2023, GPH Ispat Limited, a Bangladesh-based steel manufacturer, introduced the GPH Quantum B600D-R steel rebar, a novel high-grade steel rebar product. This advanced steel rebar not only reduces construction costs but also enhances the floor area and reinforces the building's capability to withstand heavy and sustained loads.

In April 2024, White Cap Supply Holdings LLC, a U.S.-based distributor of specialty construction supplies and building materials, acquired Crimson Steel Supply, LLC for an undisclosed sum. Through this acquisition, White Cap aimed to expand its steel rebar and structural steel product offerings, broaden its geographic presence, and enhance service capabilities for professional contractors across non-residential and infrastructure markets. Crimson Steel Supply LLC is a U.S.-based value-added distributor and fabricator of engineered steel rebar and structural steel products serving customers in Oklahoma and surrounding states.

Major companies operating in the steel rebar market report are ArcelorMittal S.A., CELSA Steel UK Ltd., Commercial Metal Company, Gerdau S.A., Hyundai Steel Co. Ltd., Nippon Steel Corporation, Nucor Corporation, Steel Authority of India Limited, Jiangsu Shagang Group Company Limited, Steel Dynamics Inc., Tata Steel Limited, Jindal Steel & Power Ltd., Barnes Reinforcing Industries Inc., Infra-Metals Co., A-1 Alloys Inc., Delta Steel Inc., Admiral Steel LLC, Eastern Steel Corporation, Addison Building Materials Inc., Sohar Steel Group LLC, Emirates Steel Industries PJSC, Qatar Steel Company, JFE Holdings Inc., KOBE STEEL LTD.

Asia-Pacific was the largest region in the steel rebar market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global steel rebar market report during the forecast period. The regions covered in the steel rebar market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the steel rebar market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The steel rebar market consists of sales of steel rebars, hot-rolled deformed bars, cold-rolled steel bars, twisted steel bars, and welded steel wire. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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