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Global Sponge Iron Market Research Report 2025
Published Date: August 2025
|
Report Code: QYRE-Auto-13A6942
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Global Sponge Iron Market Insights Forecast to 2028
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Global Sponge Iron Market Research Report 2025

Code: QYRE-Auto-13A6942
Report
August 2025
Pages:96
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Sponge Iron Market Size

The global market for Sponge Iron was valued at US$ 786 million in the year 2024 and is projected to reach a revised size of US$ 1215 million by 2031, growing at a CAGR of 6.5% during the forecast period.

Sponge Iron Market

Sponge Iron Market

Sponge iron is a metallic product produced through the direct reduction of iron ore in the strong state.
North American market for Sponge Iron is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Sponge Iron is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Sponge Iron include Mobarakeh Steel Company, Tata Sponge, Welspun Group, Jindal Steel & Power Ltd, Umesh Modi Group, Prakash Industries Limited, Sajjan, Bhushan, Sarda Energy & Minerals Limited, Qatar Steel, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Sponge Iron, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sponge Iron.
The Sponge Iron market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Sponge Iron market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sponge Iron manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Sponge Iron Market Report

Report Metric Details
Report Name Sponge Iron Market
Accounted market size in year US$ 786 million
Forecasted market size in 2031 US$ 1215 million
CAGR 6.5%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Mobarakeh Steel Company, Tata Sponge, Welspun Group, Jindal Steel & Power Ltd, Umesh Modi Group, Prakash Industries Limited, Sajjan, Bhushan, Sarda Energy & Minerals Limited, Qatar Steel, Gallantt, NMDC, United Raw Materials, ArcelorMittal, KhorasanSteel
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Sponge Iron manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Sponge Iron by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Sponge Iron in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Sponge Iron Market growing?

Ans: The Sponge Iron Market witnessing a CAGR of 6.5% during the forecast period 2025-2031.

What is the Sponge Iron Market size in 2031?

Ans: The Sponge Iron Market size in 2031 will be US$ 1215 million.

Who are the main players in the Sponge Iron Market report?

Ans: The main players in the Sponge Iron Market are Mobarakeh Steel Company, Tata Sponge, Welspun Group, Jindal Steel & Power Ltd, Umesh Modi Group, Prakash Industries Limited, Sajjan, Bhushan, Sarda Energy & Minerals Limited, Qatar Steel, Gallantt, NMDC, United Raw Materials, ArcelorMittal, KhorasanSteel

What are the Application segmentation covered in the Sponge Iron Market report?

Ans: The Applications covered in the Sponge Iron Market report are Metallurgical Industry, Steel Industry, Others

What are the Type segmentation covered in the Sponge Iron Market report?

Ans: The Types covered in the Sponge Iron Market report are Gas-Based Direct Reduction Iron, Coal-Based Direct Reduction Iron

Recommended Reports

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1 Sponge Iron Market Overview
1.1 Product Definition
1.2 Sponge Iron by Type
1.2.1 Global Sponge Iron Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Gas-Based Direct Reduction Iron
1.2.3 Coal-Based Direct Reduction Iron
1.3 Sponge Iron by Application
1.3.1 Global Sponge Iron Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Metallurgical Industry
1.3.3 Steel Industry
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Sponge Iron Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Sponge Iron Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Sponge Iron Production Estimates and Forecasts (2020-2031)
1.4.4 Global Sponge Iron Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Sponge Iron Production Market Share by Manufacturers (2020-2025)
2.2 Global Sponge Iron Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Sponge Iron, Industry Ranking, 2023 VS 2024
2.4 Global Sponge Iron Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Sponge Iron Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Sponge Iron, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Sponge Iron, Product Offered and Application
2.8 Global Key Manufacturers of Sponge Iron, Date of Enter into This Industry
2.9 Sponge Iron Market Competitive Situation and Trends
2.9.1 Sponge Iron Market Concentration Rate
2.9.2 Global 5 and 10 Largest Sponge Iron Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Sponge Iron Production by Region
3.1 Global Sponge Iron Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Sponge Iron Production Value by Region (2020-2031)
3.2.1 Global Sponge Iron Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Sponge Iron by Region (2026-2031)
3.3 Global Sponge Iron Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Sponge Iron Production Volume by Region (2020-2031)
3.4.1 Global Sponge Iron Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Sponge Iron by Region (2026-2031)
3.5 Global Sponge Iron Market Price Analysis by Region (2020-2025)
3.6 Global Sponge Iron Production and Value, Year-over-Year Growth
3.6.1 North America Sponge Iron Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Sponge Iron Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Sponge Iron Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Sponge Iron Production Value Estimates and Forecasts (2020-2031)
4 Sponge Iron Consumption by Region
4.1 Global Sponge Iron Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Sponge Iron Consumption by Region (2020-2031)
4.2.1 Global Sponge Iron Consumption by Region (2020-2025)
4.2.2 Global Sponge Iron Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Sponge Iron Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Sponge Iron Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Sponge Iron Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Sponge Iron Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Sponge Iron Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Sponge Iron Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Sponge Iron Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Sponge Iron Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Sponge Iron Production by Type (2020-2031)
5.1.1 Global Sponge Iron Production by Type (2020-2025)
5.1.2 Global Sponge Iron Production by Type (2026-2031)
5.1.3 Global Sponge Iron Production Market Share by Type (2020-2031)
5.2 Global Sponge Iron Production Value by Type (2020-2031)
5.2.1 Global Sponge Iron Production Value by Type (2020-2025)
5.2.2 Global Sponge Iron Production Value by Type (2026-2031)
5.2.3 Global Sponge Iron Production Value Market Share by Type (2020-2031)
5.3 Global Sponge Iron Price by Type (2020-2031)
6 Segment by Application
6.1 Global Sponge Iron Production by Application (2020-2031)
6.1.1 Global Sponge Iron Production by Application (2020-2025)
6.1.2 Global Sponge Iron Production by Application (2026-2031)
6.1.3 Global Sponge Iron Production Market Share by Application (2020-2031)
6.2 Global Sponge Iron Production Value by Application (2020-2031)
6.2.1 Global Sponge Iron Production Value by Application (2020-2025)
6.2.2 Global Sponge Iron Production Value by Application (2026-2031)
6.2.3 Global Sponge Iron Production Value Market Share by Application (2020-2031)
6.3 Global Sponge Iron Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Mobarakeh Steel Company
7.1.1 Mobarakeh Steel Company Sponge Iron Company Information
7.1.2 Mobarakeh Steel Company Sponge Iron Product Portfolio
7.1.3 Mobarakeh Steel Company Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Mobarakeh Steel Company Main Business and Markets Served
7.1.5 Mobarakeh Steel Company Recent Developments/Updates
7.2 Tata Sponge
7.2.1 Tata Sponge Sponge Iron Company Information
7.2.2 Tata Sponge Sponge Iron Product Portfolio
7.2.3 Tata Sponge Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Tata Sponge Main Business and Markets Served
7.2.5 Tata Sponge Recent Developments/Updates
7.3 Welspun Group
7.3.1 Welspun Group Sponge Iron Company Information
7.3.2 Welspun Group Sponge Iron Product Portfolio
7.3.3 Welspun Group Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Welspun Group Main Business and Markets Served
7.3.5 Welspun Group Recent Developments/Updates
7.4 Jindal Steel & Power Ltd
7.4.1 Jindal Steel & Power Ltd Sponge Iron Company Information
7.4.2 Jindal Steel & Power Ltd Sponge Iron Product Portfolio
7.4.3 Jindal Steel & Power Ltd Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Jindal Steel & Power Ltd Main Business and Markets Served
7.4.5 Jindal Steel & Power Ltd Recent Developments/Updates
7.5 Umesh Modi Group
7.5.1 Umesh Modi Group Sponge Iron Company Information
7.5.2 Umesh Modi Group Sponge Iron Product Portfolio
7.5.3 Umesh Modi Group Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Umesh Modi Group Main Business and Markets Served
7.5.5 Umesh Modi Group Recent Developments/Updates
7.6 Prakash Industries Limited
7.6.1 Prakash Industries Limited Sponge Iron Company Information
7.6.2 Prakash Industries Limited Sponge Iron Product Portfolio
7.6.3 Prakash Industries Limited Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Prakash Industries Limited Main Business and Markets Served
7.6.5 Prakash Industries Limited Recent Developments/Updates
7.7 Sajjan
7.7.1 Sajjan Sponge Iron Company Information
7.7.2 Sajjan Sponge Iron Product Portfolio
7.7.3 Sajjan Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Sajjan Main Business and Markets Served
7.7.5 Sajjan Recent Developments/Updates
7.8 Bhushan
7.8.1 Bhushan Sponge Iron Company Information
7.8.2 Bhushan Sponge Iron Product Portfolio
7.8.3 Bhushan Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Bhushan Main Business and Markets Served
7.8.5 Bhushan Recent Developments/Updates
7.9 Sarda Energy & Minerals Limited
7.9.1 Sarda Energy & Minerals Limited Sponge Iron Company Information
7.9.2 Sarda Energy & Minerals Limited Sponge Iron Product Portfolio
7.9.3 Sarda Energy & Minerals Limited Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Sarda Energy & Minerals Limited Main Business and Markets Served
7.9.5 Sarda Energy & Minerals Limited Recent Developments/Updates
7.10 Qatar Steel
7.10.1 Qatar Steel Sponge Iron Company Information
7.10.2 Qatar Steel Sponge Iron Product Portfolio
7.10.3 Qatar Steel Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Qatar Steel Main Business and Markets Served
7.10.5 Qatar Steel Recent Developments/Updates
7.11 Gallantt
7.11.1 Gallantt Sponge Iron Company Information
7.11.2 Gallantt Sponge Iron Product Portfolio
7.11.3 Gallantt Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Gallantt Main Business and Markets Served
7.11.5 Gallantt Recent Developments/Updates
7.12 NMDC
7.12.1 NMDC Sponge Iron Company Information
7.12.2 NMDC Sponge Iron Product Portfolio
7.12.3 NMDC Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.12.4 NMDC Main Business and Markets Served
7.12.5 NMDC Recent Developments/Updates
7.13 United Raw Materials
7.13.1 United Raw Materials Sponge Iron Company Information
7.13.2 United Raw Materials Sponge Iron Product Portfolio
7.13.3 United Raw Materials Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.13.4 United Raw Materials Main Business and Markets Served
7.13.5 United Raw Materials Recent Developments/Updates
7.14 ArcelorMittal
7.14.1 ArcelorMittal Sponge Iron Company Information
7.14.2 ArcelorMittal Sponge Iron Product Portfolio
7.14.3 ArcelorMittal Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.14.4 ArcelorMittal Main Business and Markets Served
7.14.5 ArcelorMittal Recent Developments/Updates
7.15 KhorasanSteel
7.15.1 KhorasanSteel Sponge Iron Company Information
7.15.2 KhorasanSteel Sponge Iron Product Portfolio
7.15.3 KhorasanSteel Sponge Iron Production, Value, Price and Gross Margin (2020-2025)
7.15.4 KhorasanSteel Main Business and Markets Served
7.15.5 KhorasanSteel Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Sponge Iron Industry Chain Analysis
8.2 Sponge Iron Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Sponge Iron Production Mode & Process Analysis
8.4 Sponge Iron Sales and Marketing
8.4.1 Sponge Iron Sales Channels
8.4.2 Sponge Iron Distributors
8.5 Sponge Iron Customer Analysis
9 Sponge Iron Market Dynamics
9.1 Sponge Iron Industry Trends
9.2 Sponge Iron Market Drivers
9.3 Sponge Iron Market Challenges
9.4 Sponge Iron Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Sponge Iron Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Sponge Iron Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Sponge Iron Production Capacity (K MT) by Manufacturers in 2024
 Table 4. Global Sponge Iron Production by Manufacturers (2020-2025) & (K MT)
 Table 5. Global Sponge Iron Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Sponge Iron Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Sponge Iron Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Sponge Iron, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Sponge Iron as of 2024)
 Table 10. Global Market Sponge Iron Average Price by Manufacturers (USD/MT) & (2020-2025)
 Table 11. Global Key Manufacturers of Sponge Iron, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Sponge Iron, Product Offered and Application
 Table 13. Global Key Manufacturers of Sponge Iron, Date of Enter into This Industry
 Table 14. Global Sponge Iron Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Sponge Iron Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Sponge Iron Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Sponge Iron Production Value Market Share by Region (2020-2025)
 Table 19. Global Sponge Iron Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Sponge Iron Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Sponge Iron Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 22. Global Sponge Iron Production (K MT) by Region (2020-2025)
 Table 23. Global Sponge Iron Production Market Share by Region (2020-2025)
 Table 24. Global Sponge Iron Production (K MT) Forecast by Region (2026-2031)
 Table 25. Global Sponge Iron Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Sponge Iron Market Average Price (USD/MT) by Region (2020-2025)
 Table 27. Global Sponge Iron Market Average Price (USD/MT) by Region (2026-2031)
 Table 28. Global Sponge Iron Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 29. Global Sponge Iron Consumption by Region (2020-2025) & (K MT)
 Table 30. Global Sponge Iron Consumption Market Share by Region (2020-2025)
 Table 31. Global Sponge Iron Forecasted Consumption by Region (2026-2031) & (K MT)
 Table 32. Global Sponge Iron Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Sponge Iron Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 34. North America Sponge Iron Consumption by Country (2020-2025) & (K MT)
 Table 35. North America Sponge Iron Consumption by Country (2026-2031) & (K MT)
 Table 36. Europe Sponge Iron Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 37. Europe Sponge Iron Consumption by Country (2020-2025) & (K MT)
 Table 38. Europe Sponge Iron Consumption by Country (2026-2031) & (K MT)
 Table 39. Asia Pacific Sponge Iron Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 40. Asia Pacific Sponge Iron Consumption by Region (2020-2025) & (K MT)
 Table 41. Asia Pacific Sponge Iron Consumption by Region (2026-2031) & (K MT)
 Table 42. Latin America, Middle East & Africa Sponge Iron Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 43. Latin America, Middle East & Africa Sponge Iron Consumption by Country (2020-2025) & (K MT)
 Table 44. Latin America, Middle East & Africa Sponge Iron Consumption by Country (2026-2031) & (K MT)
 Table 45. Global Sponge Iron Production (K MT) by Type (2020-2025)
 Table 46. Global Sponge Iron Production (K MT) by Type (2026-2031)
 Table 47. Global Sponge Iron Production Market Share by Type (2020-2025)
 Table 48. Global Sponge Iron Production Market Share by Type (2026-2031)
 Table 49. Global Sponge Iron Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Sponge Iron Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Sponge Iron Production Value Market Share by Type (2020-2025)
 Table 52. Global Sponge Iron Production Value Market Share by Type (2026-2031)
 Table 53. Global Sponge Iron Price (USD/MT) by Type (2020-2025)
 Table 54. Global Sponge Iron Price (USD/MT) by Type (2026-2031)
 Table 55. Global Sponge Iron Production (K MT) by Application (2020-2025)
 Table 56. Global Sponge Iron Production (K MT) by Application (2026-2031)
 Table 57. Global Sponge Iron Production Market Share by Application (2020-2025)
 Table 58. Global Sponge Iron Production Market Share by Application (2026-2031)
 Table 59. Global Sponge Iron Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Sponge Iron Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Sponge Iron Production Value Market Share by Application (2020-2025)
 Table 62. Global Sponge Iron Production Value Market Share by Application (2026-2031)
 Table 63. Global Sponge Iron Price (USD/MT) by Application (2020-2025)
 Table 64. Global Sponge Iron Price (USD/MT) by Application (2026-2031)
 Table 65. Mobarakeh Steel Company Sponge Iron Company Information
 Table 66. Mobarakeh Steel Company Sponge Iron Specification and Application
 Table 67. Mobarakeh Steel Company Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 68. Mobarakeh Steel Company Main Business and Markets Served
 Table 69. Mobarakeh Steel Company Recent Developments/Updates
 Table 70. Tata Sponge Sponge Iron Company Information
 Table 71. Tata Sponge Sponge Iron Specification and Application
 Table 72. Tata Sponge Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 73. Tata Sponge Main Business and Markets Served
 Table 74. Tata Sponge Recent Developments/Updates
 Table 75. Welspun Group Sponge Iron Company Information
 Table 76. Welspun Group Sponge Iron Specification and Application
 Table 77. Welspun Group Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 78. Welspun Group Main Business and Markets Served
 Table 79. Welspun Group Recent Developments/Updates
 Table 80. Jindal Steel & Power Ltd Sponge Iron Company Information
 Table 81. Jindal Steel & Power Ltd Sponge Iron Specification and Application
 Table 82. Jindal Steel & Power Ltd Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 83. Jindal Steel & Power Ltd Main Business and Markets Served
 Table 84. Jindal Steel & Power Ltd Recent Developments/Updates
 Table 85. Umesh Modi Group Sponge Iron Company Information
 Table 86. Umesh Modi Group Sponge Iron Specification and Application
 Table 87. Umesh Modi Group Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 88. Umesh Modi Group Main Business and Markets Served
 Table 89. Umesh Modi Group Recent Developments/Updates
 Table 90. Prakash Industries Limited Sponge Iron Company Information
 Table 91. Prakash Industries Limited Sponge Iron Specification and Application
 Table 92. Prakash Industries Limited Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 93. Prakash Industries Limited Main Business and Markets Served
 Table 94. Prakash Industries Limited Recent Developments/Updates
 Table 95. Sajjan Sponge Iron Company Information
 Table 96. Sajjan Sponge Iron Specification and Application
 Table 97. Sajjan Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 98. Sajjan Main Business and Markets Served
 Table 99. Sajjan Recent Developments/Updates
 Table 100. Bhushan Sponge Iron Company Information
 Table 101. Bhushan Sponge Iron Specification and Application
 Table 102. Bhushan Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 103. Bhushan Main Business and Markets Served
 Table 104. Bhushan Recent Developments/Updates
 Table 105. Sarda Energy & Minerals Limited Sponge Iron Company Information
 Table 106. Sarda Energy & Minerals Limited Sponge Iron Specification and Application
 Table 107. Sarda Energy & Minerals Limited Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 108. Sarda Energy & Minerals Limited Main Business and Markets Served
 Table 109. Sarda Energy & Minerals Limited Recent Developments/Updates
 Table 110. Qatar Steel Sponge Iron Company Information
 Table 111. Qatar Steel Sponge Iron Specification and Application
 Table 112. Qatar Steel Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 113. Qatar Steel Main Business and Markets Served
 Table 114. Qatar Steel Recent Developments/Updates
 Table 115. Gallantt Sponge Iron Company Information
 Table 116. Gallantt Sponge Iron Specification and Application
 Table 117. Gallantt Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 118. Gallantt Main Business and Markets Served
 Table 119. Gallantt Recent Developments/Updates
 Table 120. NMDC Sponge Iron Company Information
 Table 121. NMDC Sponge Iron Specification and Application
 Table 122. NMDC Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 123. NMDC Main Business and Markets Served
 Table 124. NMDC Recent Developments/Updates
 Table 125. United Raw Materials Sponge Iron Company Information
 Table 126. United Raw Materials Sponge Iron Specification and Application
 Table 127. United Raw Materials Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 128. United Raw Materials Main Business and Markets Served
 Table 129. United Raw Materials Recent Developments/Updates
 Table 130. ArcelorMittal Sponge Iron Company Information
 Table 131. ArcelorMittal Sponge Iron Specification and Application
 Table 132. ArcelorMittal Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 133. ArcelorMittal Main Business and Markets Served
 Table 134. ArcelorMittal Recent Developments/Updates
 Table 135. KhorasanSteel Sponge Iron Company Information
 Table 136. KhorasanSteel Sponge Iron Specification and Application
 Table 137. KhorasanSteel Sponge Iron Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 138. KhorasanSteel Main Business and Markets Served
 Table 139. KhorasanSteel Recent Developments/Updates
 Table 140. Key Raw Materials Lists
 Table 141. Raw Materials Key Suppliers Lists
 Table 142. Sponge Iron Distributors List
 Table 143. Sponge Iron Customers List
 Table 144. Sponge Iron Market Trends
 Table 145. Sponge Iron Market Drivers
 Table 146. Sponge Iron Market Challenges
 Table 147. Sponge Iron Market Restraints
 Table 148. Research Programs/Design for This Report
 Table 149. Key Data Information from Secondary Sources
 Table 150. Key Data Information from Primary Sources
 Table 151. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Sponge Iron
 Figure 2. Global Sponge Iron Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Sponge Iron Market Share by Type: 2024 VS 2031
 Figure 4. Gas-Based Direct Reduction Iron Product Picture
 Figure 5. Coal-Based Direct Reduction Iron Product Picture
 Figure 6. Global Sponge Iron Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global Sponge Iron Market Share by Application: 2024 VS 2031
 Figure 8. Metallurgical Industry
 Figure 9. Steel Industry
 Figure 10. Others
 Figure 11. Global Sponge Iron Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 12. Global Sponge Iron Production Value (US$ Million) & (2020-2031)
 Figure 13. Global Sponge Iron Production Capacity (K MT) & (2020-2031)
 Figure 14. Global Sponge Iron Production (K MT) & (2020-2031)
 Figure 15. Global Sponge Iron Average Price (USD/MT) & (2020-2031)
 Figure 16. Sponge Iron Report Years Considered
 Figure 17. Sponge Iron Production Share by Manufacturers in 2024
 Figure 18. Global Sponge Iron Production Value Share by Manufacturers (2024)
 Figure 19. Sponge Iron Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 20. The Global 5 and 10 Largest Players: Market Share by Sponge Iron Revenue in 2024
 Figure 21. Global Sponge Iron Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 22. Global Sponge Iron Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 23. Global Sponge Iron Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 24. Global Sponge Iron Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. North America Sponge Iron Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 26. Europe Sponge Iron Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. China Sponge Iron Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Japan Sponge Iron Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Global Sponge Iron Consumption by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 30. Global Sponge Iron Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 31. North America Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 32. North America Sponge Iron Consumption Market Share by Country (2020-2031)
 Figure 33. U.S. Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 34. Canada Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 35. Europe Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 36. Europe Sponge Iron Consumption Market Share by Country (2020-2031)
 Figure 37. Germany Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 38. France Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 39. U.K. Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 40. Italy Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 41. Russia Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 42. Asia Pacific Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 43. Asia Pacific Sponge Iron Consumption Market Share by Region (2020-2031)
 Figure 44. China Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 45. Japan Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 46. South Korea Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 47. China Taiwan Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 48. Southeast Asia Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 49. India Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 50. Latin America, Middle East & Africa Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 51. Latin America, Middle East & Africa Sponge Iron Consumption Market Share by Country (2020-2031)
 Figure 52. Mexico Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 53. Brazil Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 54. Turkey Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 55. GCC Countries Sponge Iron Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 56. Global Production Market Share of Sponge Iron by Type (2020-2031)
 Figure 57. Global Production Value Market Share of Sponge Iron by Type (2020-2031)
 Figure 58. Global Sponge Iron Price (USD/MT) by Type (2020-2031)
 Figure 59. Global Production Market Share of Sponge Iron by Application (2020-2031)
 Figure 60. Global Production Value Market Share of Sponge Iron by Application (2020-2031)
 Figure 61. Global Sponge Iron Price (USD/MT) by Application (2020-2031)
 Figure 62. Sponge Iron Value Chain
 Figure 63. Channels of Distribution (Direct Vs Distribution)
 Figure 64. Bottom-up and Top-down Approaches for This Report
 Figure 65. Data Triangulation
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