Global Special Steel Market Research Report 2026

Special Steel Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Special Steel competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Special Steel refers to a category of steels that are manufactured with specific chemical compositions, processing methods, or heat treatments to impart enhanced mechanical, physical, or chemical properties tailored for demanding applications beyond those of ordinary carbon steels. Unlike standard steels, which are mainly designed for general structural use, special steels incorporate carefully controlled amounts of alloying elements such as chromium, nickel, molybdenum, vanadium, tungsten, cobalt, or manganese to achieve superior characteristics including high strength, hardness, toughness, wear resistance, corrosion resistance, or heat resistance. This class of steel encompasses several subtypes such as alloy steel, stainless steel, tool steel, bearing steel, spring steel, and heat-resistant steel, each suited to different performance requirements—for example, stainless steels are engineered for corrosion resistance in chemical and food industries, while tool steels are optimized for hardness and wear resistance in cutting and forming tools. Special steels are widely used in automotive, aerospace, energy, petrochemical, defense, heavy machinery, construction, and medical device industries, where safety, durability, and performance are critical. In essence, special steel is defined not only by its chemical and mechanical attributes but also by its role as a high-value material engineered to deliver enhanced performance in specialized and often extreme operating environments.

In 2024, global Special Steel production reached approximately 203 million tons , with an average global market price of around US$ 1,500 per ton.

For industry structure analysis, the Special Steel industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include NSSMC, POSCO, JFE, Gerdau and Citic Pacific, account for 17% of the revenue market. Asia-Pacific occupied 62% of the sales market. It is followed by Europe and North America, which respectively account for around 16% and 13% of the global total industry. Other countries have a smaller amount of sales.

The market potential for Special Steel is significant and continues to grow worldwide, supported by rapid industrialization, the shift toward high-performance materials, and the expansion of end-use industries that require steels with advanced mechanical, chemical, and thermal properties, as special steels—such as alloy steel, stainless steel, tool steel, bearing steel, spring steel, and heat-resistant steel—offer superior strength, toughness, wear resistance, corrosion resistance, and thermal stability compared to ordinary carbon steels, making them indispensable in critical applications across modern economies; the industrial chain begins upstream with raw material suppliers, including iron ore, coking coal, ferroalloys (chromium, nickel, molybdenum, vanadium, tungsten, etc.), recycled scrap, and specialty alloying materials, which feed into steel mills and smelters that produce billets, ingots, or slabs with precise alloy compositions, continues midstream with special steel producers who carry out processes such as refining, vacuum degassing, forging, hot/cold rolling, precision casting, and heat treatment to manufacture semi-finished or finished steel products tailored to stringent quality standards, and extends downstream through distributors, service centers, and fabricators who deliver finished forms—plates, bars, rods, sheets, wires, forgings, and castings—into multiple industries; the primary downstream customers include the automotive industry (engine components, transmission parts, gears, axles, suspension springs, safety-critical fasteners), the aerospace sector (jet engine parts, landing gear, structural frames, high-temperature alloys), the energy industry (turbine blades, nuclear reactor components, wind turbine shafts, oil & gas drilling tools and pipelines), the construction and infrastructure sector (bridges, high-rise buildings, rebar for seismic resistance), the machinery and heavy equipment industry (cutting tools, molds, dies, bearings, mining machinery), the defense sector (armor plating, naval ships, aircraft carriers, weapons systems), and the medical industry (surgical instruments, implants, prosthetics made from corrosion-resistant stainless steels), while aftermarket services including steel recycling, machining, surface treatments, and component refurbishment further sustain the lifecycle value; collectively, global demand for special steel is reinforced by megatrends such as the rise of electric vehicles requiring advanced drive-train and battery safety components, the growth of renewable energy requiring durable wind turbine and solar infrastructure, and stricter regulatory and performance requirements in aerospace and defense, thereby ensuring that the special steel industrial chain—from raw material suppliers to end-use customers—remains dynamic and positioned for sustained expansion across both developed and emerging markets.

This report delivers a comprehensive overview of the global Special Steel market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Special Steel. The Special Steel market size, estimates, and forecasts are provided in terms of shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Special Steel market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Special Steel manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Market Segmentation

Scope of Special Steel Market Report

Chapter Outline

1.1 Product Definition

1.2 Special Steel by Type

1.2.1 Global Special Steel Market Value Growth Rate Analysis by Type: 2025 vs 2032

1.2.2 Structural Steel

1.2.3 Tool Steel and Die Steel

1.2.4 Stainless Steel

1.2.5 Others

1.3 Special Steel by Application

1.3.1 Global Special Steel Market Value Growth Rate Analysis by Application: 2025 vs 2032

1.3.2 Automobile Industry

1.3.3 Machinery Industry

1.3.4 Petrochemicals & Energy Industry

1.3.5 Other

1.4 Global Market Growth Prospects

1.4.1 Global Special Steel Production Value Estimates and Forecasts (2021–2032)

1.4.2 Global Special Steel Production Capacity Estimates and Forecasts (2021–2032)

1.4.3 Global Special Steel Production Estimates and Forecasts (2021–2032)

1.4.4 Global Special Steel Market Average Price Estimates and Forecasts (2021–2032)

1.5 Assumptions and Limitations

2.1 Global Special Steel Production Market Share by Manufacturers (2021–2026)

2.2 Global Special Steel Production Value Market Share by Manufacturers (2021–2026)

2.3 Global Key Players of Special Steel, Industry Ranking, 2024 vs 2025

2.4 Global Special Steel Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

2.5 Global Special Steel Average Price by Manufacturers (2021–2026)

2.6 Global Key Manufacturers of Special Steel, Manufacturing Footprints and Headquarters

2.7 Global Key Manufacturers of Special Steel, Product Offerings and Applications

2.8 Global Key Manufacturers of Special Steel, Date of Entry into the Industry

2.9 Special Steel Market Competitive Situation and Trends

2.9.1 Special Steel Market Concentration Rate

2.9.2 Top 5 and Top 10 Global Special Steel Players Market Share by Revenue

2.10 Mergers & Acquisitions and Expansion

3.1 Global Special Steel Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

3.2 Global Special Steel Production Value by Region (2021–2032)

3.2.1 Global Special Steel Production Value by Region (2021–2026)

3.2.2 Global Forecasted Production Value of Special Steel by Region (2027–2032)

3.3 Global Special Steel Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

3.4 Global Special Steel Production Volume by Region (2021–2032)

3.4.1 Global Special Steel Production by Region (2021–2026)

3.4.2 Global Forecasted Production of Special Steel by Region (2027–2032)

3.5 Global Special Steel Market Price Analysis by Region (2021–2026)

3.6 Global Special Steel Production, Value, and Year-over-Year Growth

3.6.1 North America Special Steel Production Value Estimates and Forecasts (2021–2032)

3.6.2 Europe Special Steel Production Value Estimates and Forecasts (2021–2032)

3.6.3 China Special Steel Production Value Estimates and Forecasts (2021–2032)

3.6.4 Japan Special Steel Production Value Estimates and Forecasts (2021–2032)

3.6.5 South Korea Special Steel Production Value Estimates and Forecasts (2021–2032)

4.1 Global Special Steel Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032

4.2 Global Special Steel Consumption by Region (2021–2032)

4.2.1 Global Special Steel Consumption by Region (2021–2026)

4.2.2 Global Special Steel Forecasted Consumption by Region (2027–2032)

4.3 North America

4.3.1 North America Special Steel Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.3.2 North America Special Steel Consumption by Country (2021–2032)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Special Steel Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.4.2 Europe Special Steel Consumption by Country (2021–2032)

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 Special Steel Consumption Growth Rate by Region: 2021 vs 2025 vs 2032

4.5.2 Asia Pacific Special Steel Consumption by Region (2021–2032)

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 Special Steel Consumption Growth Rate by Country: 2021 vs 2025 vs 2032

4.6.2 Latin America, Middle East & Africa Special Steel Consumption by Country (2021–2032)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5.1 Global Special Steel Production by Type (2021–2032)

5.1.1 Global Special Steel Production by Type (2021–2026)

5.1.2 Global Special Steel Production by Type (2027–2032)

5.1.3 Global Special Steel Production Market Share by Type (2021–2032)

5.2 Global Special Steel Production Value by Type (2021–2032)

5.2.1 Global Special Steel Production Value by Type (2021–2026)

5.2.2 Global Special Steel Production Value by Type (2027–2032)

5.2.3 Global Special Steel Production Value Market Share by Type (2021–2032)

5.3 Global Special Steel Price by Type (2021–2032)

6.1 Global Special Steel Production by Application (2021–2032)

6.1.1 Global Special Steel Production by Application (2021–2026)

6.1.2 Global Special Steel Production by Application (2027–2032)

6.1.3 Global Special Steel Production Market Share by Application (2021–2032)

6.2 Global Special Steel Production Value by Application (2021–2032)

6.2.1 Global Special Steel Production Value by Application (2021–2026)

6.2.2 Global Special Steel Production Value by Application (2027–2032)

6.2.3 Global Special Steel Production Value Market Share by Application (2021–2032)

6.3 Global Special Steel Price by Application (2021–2032)

7.1 NSSMC

7.1.1 NSSMC Special Steel Company Information

7.1.2 NSSMC Special Steel Product Portfolio

7.1.3 NSSMC Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.1.4 NSSMC Main Business and Markets Served

7.1.5 NSSMC Recent Developments/Updates

7.2 POSCO

7.2.1 POSCO Special Steel Company Information

7.2.2 POSCO Special Steel Product Portfolio

7.2.3 POSCO Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.2.4 POSCO Main Business and Markets Served

7.2.5 POSCO Recent Developments/Updates

7.3 JFE

7.3.1 JFE Special Steel Company Information

7.3.2 JFE Special Steel Product Portfolio

7.3.3 JFE Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.3.4 JFE Main Business and Markets Served

7.3.5 JFE Recent Developments/Updates

7.4 Gerdau

7.4.1 Gerdau Special Steel Company Information

7.4.2 Gerdau Special Steel Product Portfolio

7.4.3 Gerdau Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.4.4 Gerdau Main Business and Markets Served

7.4.5 Gerdau Recent Developments/Updates

7.5 Citic Pacific

7.5.1 Citic Pacific Special Steel Company Information

7.5.2 Citic Pacific Special Steel Product Portfolio

7.5.3 Citic Pacific Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.5.4 Citic Pacific Main Business and Markets Served

7.5.5 Citic Pacific Recent Developments/Updates

7.6 ThyssenKrupp AG

7.6.1 ThyssenKrupp AG Special Steel Company Information

7.6.2 ThyssenKrupp AG Special Steel Product Portfolio

7.6.3 ThyssenKrupp AG Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.6.4 ThyssenKrupp AG Main Business and Markets Served

7.6.5 ThyssenKrupp AG Recent Developments/Updates

7.7 TISCO

7.7.1 TISCO Special Steel Company Information

7.7.2 TISCO Special Steel Product Portfolio

7.7.3 TISCO Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.7.4 TISCO Main Business and Markets Served

7.7.5 TISCO Recent Developments/Updates

7.8 Aperam

7.8.1 Aperam Special Steel Company Information

7.8.2 Aperam Special Steel Product Portfolio

7.8.3 Aperam Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.8.4 Aperam Main Business and Markets Served

7.8.5 Aperam Recent Developments/Updates

7.9 Outokumpu

7.9.1 Outokumpu Special Steel Company Information

7.9.2 Outokumpu Special Steel Product Portfolio

7.9.3 Outokumpu Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.9.4 Outokumpu Main Business and Markets Served

7.9.5 Outokumpu Recent Developments/Updates

7.10 Dongbei Special Steel

7.10.1 Dongbei Special Steel Special Steel Company Information

7.10.2 Dongbei Special Steel Special Steel Product Portfolio

7.10.3 Dongbei Special Steel Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.10.4 Dongbei Special Steel Main Business and Markets Served

7.10.5 Dongbei Special Steel Recent Developments/Updates

7.11 Nanjing Steel

7.11.1 Nanjing Steel Special Steel Company Information

7.11.2 Nanjing Steel Special Steel Product Portfolio

7.11.3 Nanjing Steel Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.11.4 Nanjing Steel Main Business and Markets Served

7.11.5 Nanjing Steel Recent Developments/Updates

7.12 Voestalpine

7.12.1 Voestalpine Special Steel Company Information

7.12.2 Voestalpine Special Steel Product Portfolio

7.12.3 Voestalpine Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.12.4 Voestalpine Main Business and Markets Served

7.12.5 Voestalpine Recent Developments/Updates

7.13 Hyundai

7.13.1 Hyundai Special Steel Company Information

7.13.2 Hyundai Special Steel Product Portfolio

7.13.3 Hyundai Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.13.4 Hyundai Main Business and Markets Served

7.13.5 Hyundai Recent Developments/Updates

7.14 AK Steel

7.14.1 AK Steel Special Steel Company Information

7.14.2 AK Steel Special Steel Product Portfolio

7.14.3 AK Steel Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.14.4 AK Steel Main Business and Markets Served

7.14.5 AK Steel Recent Developments/Updates

7.15 Baowu Group

7.15.1 Baowu Group Special Steel Company Information

7.15.2 Baowu Group Special Steel Product Portfolio

7.15.3 Baowu Group Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.15.4 Baowu Group Main Business and Markets Served

7.15.5 Baowu Group Recent Developments/Updates

7.16 DAIDO Steel

7.16.1 DAIDO Steel Special Steel Company Information

7.16.2 DAIDO Steel Special Steel Product Portfolio

7.16.3 DAIDO Steel Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.16.4 DAIDO Steel Main Business and Markets Served

7.16.5 DAIDO Steel Recent Developments/Updates

7.17 SSAB

7.17.1 SSAB Special Steel Company Information

7.17.2 SSAB Special Steel Product Portfolio

7.17.3 SSAB Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.17.4 SSAB Main Business and Markets Served

7.17.5 SSAB Recent Developments/Updates

7.18 Sandvik

7.18.1 Sandvik Special Steel Company Information

7.18.2 Sandvik Special Steel Product Portfolio

7.18.3 Sandvik Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.18.4 Sandvik Main Business and Markets Served

7.18.5 Sandvik Recent Developments/Updates

7.19 HBIS

7.19.1 HBIS Special Steel Company Information

7.19.2 HBIS Special Steel Product Portfolio

7.19.3 HBIS Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.19.4 HBIS Main Business and Markets Served

7.19.5 HBIS Recent Developments/Updates

7.20 Sanyo

7.20.1 Sanyo Special Steel Company Information

7.20.2 Sanyo Special Steel Product Portfolio

7.20.3 Sanyo Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.20.4 Sanyo Main Business and Markets Served

7.20.5 Sanyo Recent Developments/Updates

7.21 Ovako

7.21.1 Ovako Special Steel Company Information

7.21.2 Ovako Special Steel Product Portfolio

7.21.3 Ovako Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.21.4 Ovako Main Business and Markets Served

7.21.5 Ovako Recent Developments/Updates

7.22 Xining Special Steel

7.22.1 Xining Special Steel Special Steel Company Information

7.22.2 Xining Special Steel Special Steel Product Portfolio

7.22.3 Xining Special Steel Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.22.4 Xining Special Steel Main Business and Markets Served

7.22.5 Xining Special Steel Recent Developments/Updates

7.23 Shagang Group

7.23.1 Shagang Group Special Steel Company Information

7.23.2 Shagang Group Special Steel Product Portfolio

7.23.3 Shagang Group Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.23.4 Shagang Group Main Business and Markets Served

7.23.5 Shagang Group Recent Developments/Updates

7.24 Aichi Steel

7.24.1 Aichi Steel Special Steel Company Information

7.24.2 Aichi Steel Special Steel Product Portfolio

7.24.3 Aichi Steel Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.24.4 Aichi Steel Main Business and Markets Served

7.24.5 Aichi Steel Recent Developments/Updates

7.25 Nippon Koshuha

7.25.1 Nippon Koshuha Special Steel Company Information

7.25.2 Nippon Koshuha Special Steel Product Portfolio

7.25.3 Nippon Koshuha Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.25.4 Nippon Koshuha Main Business and Markets Served

7.25.5 Nippon Koshuha Recent Developments/Updates

7.26 Metallus Inc

7.26.1 Metallus Inc Special Steel Company Information

7.26.2 Metallus Inc Special Steel Product Portfolio

7.26.3 Metallus Inc Special Steel Production, Value, Price, and Gross Margin (2021–2026)

7.26.4 Metallus Inc Main Business and Markets Served

7.26.5 Metallus Inc Recent Developments/Updates

8.1 Special Steel Industry Chain Analysis

8.2 Special Steel Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Special Steel Production Modes and Processes

8.4 Special Steel Sales and Marketing

8.4.1 Special Steel Sales Channels

8.4.2 Special Steel Distributors

8.5 Special Steel Customer Analysis

9.1 Special Steel Industry Trends

9.2 Special Steel Market Drivers

9.3 Special Steel Market Challenges

9.4 Special Steel Market Restraints

9.5 Impact of U.S. Tariffs

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 Special Steel Market Value by Type (US$ Million), 2025 vs 2032

 Table 2. Global Special Steel Market Value by Application (US$ Million), 2025 vs 2032

 Table 3. Global Special Steel Production Capacity (K MT) by Manufacturers in 2025

 Table 4. Global Special Steel Production by Manufacturers (K MT), 2021–2026

 Table 5. Global Special Steel Production Market Share by Manufacturers (2021–2026)

 Table 6. Global Special Steel Production Value by Manufacturers (US$ Million), 2021–2026

 Table 7. Global Special Steel Production Value Share by Manufacturers (2021–2026)

 Table 8. Global Key Players of Special Steel, Industry Ranking, 2024 vs 2025

 Table 9. Classification of Companies by Tier (Tier 1, Tier 2, Tier 3), based on Special Steel Production Value, 2025

 Table 10. Global Market Special Steel Average Price by Manufacturers (USD/MT), 2021–2026

 Table 11. Global Key Manufacturers of Special Steel, Manufacturing Footprints and Headquarters

 Table 12. Global Key Manufacturers of Special Steel, Product Offerings and Applications

 Table 13. Global Key Manufacturers of Special Steel, Date of Entry into the Industry

 Table 14. Global Special Steel Manufacturers Market Concentration Ratio (CR5 and HHI)

 Table 15. Mergers & Acquisitions and Expansion Plans

 Table 16. Global Special Steel Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)

 Table 17. Global Special Steel Production Value (US$ Million) by Region (2021–2026)

 Table 18. Global Special Steel Production Value Market Share by Region (2021–2026)

 Table 19. Global Special Steel Production Value (US$ Million) Forecast by Region (2027–2032)

 Table 20. Global Special Steel Production Value Market Share Forecast by Region (2027–2032)

 Table 21. Global Special Steel Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)

 Table 22. Global Special Steel Production (K MT) by Region (2021–2026)

 Table 23. Global Special Steel Production Market Share by Region (2021–2026)

 Table 24. Global Special Steel Production (K MT) Forecast by Region (2027–2032)

 Table 25. Global Special Steel Production Market Share Forecast by Region (2027–2032)

 Table 26. Global Special Steel Market Average Price (USD/MT) by Region (2021–2026)

 Table 27. Global Special Steel Market Average Price (USD/MT) by Region (2027–2032)

 Table 28. Global Special Steel Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)

 Table 29. Global Special Steel Consumption by Region (K MT), 2021–2026

 Table 30. Global Special Steel Consumption Market Share by Region (2021–2026)

 Table 31. Global Special Steel Forecasted Consumption by Region (K MT), 2027–2032

 Table 32. Global Special Steel Forecasted Consumption Market Share by Region (2027–2032)

 Table 33. North America Special Steel Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

 Table 34. North America Special Steel Consumption by Country (K MT), 2021–2026

 Table 35. North America Special Steel Consumption by Country (K MT), 2027–2032

 Table 36. Europe Special Steel Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

 Table 37. Europe Special Steel Consumption by Country (K MT), 2021–2026

 Table 38. Europe Special Steel Consumption by Country (K MT), 2027–2032

 Table 39. Asia Pacific Special Steel Consumption Growth Rate by Region: 2021 vs 2025 vs 2032 (K MT)

 Table 40. Asia Pacific Special Steel Consumption by Region (K MT), 2021–2026

 Table 41. Asia Pacific Special Steel Consumption by Region (K MT), 2027–2032

 Table 42. Latin America, Middle East & Africa Special Steel Consumption Growth Rate by Country: 2021 vs 2025 vs 2032 (K MT)

 Table 43. Latin America, Middle East & Africa Special Steel Consumption by Country (K MT), 2021–2026

 Table 44. Latin America, Middle East & Africa Special Steel Consumption by Country (K MT), 2027–2032

 Table 45. Global Special Steel Production (K MT) by Type (2021–2026)

 Table 46. Global Special Steel Production (K MT) by Type (2027–2032)

 Table 47. Global Special Steel Production Market Share by Type (2021–2026)

 Table 48. Global Special Steel Production Market Share by Type (2027–2032)

 Table 49. Global Special Steel Production Value (US$ Million) by Type (2021–2026)

 Table 50. Global Special Steel Production Value (US$ Million) by Type (2027–2032)

 Table 51. Global Special Steel Production Value Market Share by Type (2021–2026)

 Table 52. Global Special Steel Production Value Market Share by Type (2027–2032)

 Table 53. Global Special Steel Price (USD/MT) by Type (2021–2026)

 Table 54. Global Special Steel Price (USD/MT) by Type (2027–2032)

 Table 55. Global Special Steel Production (K MT) by Application (2021–2026)

 Table 56. Global Special Steel Production (K MT) by Application (2027–2032)

 Table 57. Global Special Steel Production Market Share by Application (2021–2026)

 Table 58. Global Special Steel Production Market Share by Application (2027–2032)

 Table 59. Global Special Steel Production Value (US$ Million) by Application (2021–2026)

 Table 60. Global Special Steel Production Value (US$ Million) by Application (2027–2032)

 Table 61. Global Special Steel Production Value Market Share by Application (2021–2026)

 Table 62. Global Special Steel Production Value Market Share by Application (2027–2032)

 Table 63. Global Special Steel Price (USD/MT) by Application (2021–2026)

 Table 64. Global Special Steel Price (USD/MT) by Application (2027–2032)

 Table 65. NSSMC Special Steel Company Information

 Table 66. NSSMC Special Steel Specification and Application

 Table 67. NSSMC Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 68. NSSMC Main Business and Markets Served

 Table 69. NSSMC Recent Developments/Updates

 Table 70. POSCO Special Steel Company Information

 Table 71. POSCO Special Steel Specification and Application

 Table 72. POSCO Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 73. POSCO Main Business and Markets Served

 Table 74. POSCO Recent Developments/Updates

 Table 75. JFE Special Steel Company Information

 Table 76. JFE Special Steel Specification and Application

 Table 77. JFE Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 78. JFE Main Business and Markets Served

 Table 79. JFE Recent Developments/Updates

 Table 80. Gerdau Special Steel Company Information

 Table 81. Gerdau Special Steel Specification and Application

 Table 82. Gerdau Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 83. Gerdau Main Business and Markets Served

 Table 84. Gerdau Recent Developments/Updates

 Table 85. Citic Pacific Special Steel Company Information

 Table 86. Citic Pacific Special Steel Specification and Application

 Table 87. Citic Pacific Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 88. Citic Pacific Main Business and Markets Served

 Table 89. Citic Pacific Recent Developments/Updates

 Table 90. ThyssenKrupp AG Special Steel Company Information

 Table 91. ThyssenKrupp AG Special Steel Specification and Application

 Table 92. ThyssenKrupp AG Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 93. ThyssenKrupp AG Main Business and Markets Served

 Table 94. ThyssenKrupp AG Recent Developments/Updates

 Table 95. TISCO Special Steel Company Information

 Table 96. TISCO Special Steel Specification and Application

 Table 97. TISCO Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 98. TISCO Main Business and Markets Served

 Table 99. TISCO Recent Developments/Updates

 Table 100. Aperam Special Steel Company Information

 Table 101. Aperam Special Steel Specification and Application

 Table 102. Aperam Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 103. Aperam Main Business and Markets Served

 Table 104. Aperam Recent Developments/Updates

 Table 105. Outokumpu Special Steel Company Information

 Table 106. Outokumpu Special Steel Specification and Application

 Table 107. Outokumpu Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 108. Outokumpu Main Business and Markets Served

 Table 109. Outokumpu Recent Developments/Updates

 Table 110. Dongbei Special Steel Special Steel Company Information

 Table 111. Dongbei Special Steel Special Steel Specification and Application

 Table 112. Dongbei Special Steel Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 113. Dongbei Special Steel Main Business and Markets Served

 Table 114. Dongbei Special Steel Recent Developments/Updates

 Table 115. Nanjing Steel Special Steel Company Information

 Table 116. Nanjing Steel Special Steel Specification and Application

 Table 117. Nanjing Steel Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 118. Nanjing Steel Main Business and Markets Served

 Table 119. Nanjing Steel Recent Developments/Updates

 Table 120. Voestalpine Special Steel Company Information

 Table 121. Voestalpine Special Steel Specification and Application

 Table 122. Voestalpine Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 123. Voestalpine Main Business and Markets Served

 Table 124. Voestalpine Recent Developments/Updates

 Table 125. Hyundai Special Steel Company Information

 Table 126. Hyundai Special Steel Specification and Application

 Table 127. Hyundai Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 128. Hyundai Main Business and Markets Served

 Table 129. Hyundai Recent Developments/Updates

 Table 130. AK Steel Special Steel Company Information

 Table 131. AK Steel Special Steel Specification and Application

 Table 132. AK Steel Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 133. AK Steel Main Business and Markets Served

 Table 134. AK Steel Recent Developments/Updates

 Table 135. Baowu Group Special Steel Company Information

 Table 136. Baowu Group Special Steel Specification and Application

 Table 137. Baowu Group Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 138. Baowu Group Main Business and Markets Served

 Table 139. Baowu Group Recent Developments/Updates

 Table 140. DAIDO Steel Special Steel Company Information

 Table 141. DAIDO Steel Special Steel Specification and Application

 Table 142. DAIDO Steel Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 143. DAIDO Steel Main Business and Markets Served

 Table 144. DAIDO Steel Recent Developments/Updates

 Table 145. SSAB Special Steel Company Information

 Table 146. SSAB Special Steel Specification and Application

 Table 147. SSAB Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 148. SSAB Main Business and Markets Served

 Table 149. SSAB Recent Developments/Updates

 Table 150. Sandvik Special Steel Company Information

 Table 151. Sandvik Special Steel Specification and Application

 Table 152. Sandvik Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 153. Sandvik Main Business and Markets Served

 Table 154. Sandvik Recent Developments/Updates

 Table 155. HBIS Special Steel Company Information

 Table 156. HBIS Special Steel Specification and Application

 Table 157. HBIS Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 158. HBIS Main Business and Markets Served

 Table 159. HBIS Recent Developments/Updates

 Table 160. Sanyo Special Steel Company Information

 Table 161. Sanyo Special Steel Specification and Application

 Table 162. Sanyo Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 163. Sanyo Main Business and Markets Served

 Table 164. Sanyo Recent Developments/Updates

 Table 165. Ovako Special Steel Company Information

 Table 166. Ovako Special Steel Specification and Application

 Table 167. Ovako Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 168. Ovako Main Business and Markets Served

 Table 169. Ovako Recent Developments/Updates

 Table 170. Xining Special Steel Special Steel Company Information

 Table 171. Xining Special Steel Special Steel Specification and Application

 Table 172. Xining Special Steel Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 173. Xining Special Steel Main Business and Markets Served

 Table 174. Xining Special Steel Recent Developments/Updates

 Table 175. Shagang Group Special Steel Company Information

 Table 176. Shagang Group Special Steel Specification and Application

 Table 177. Shagang Group Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 178. Shagang Group Main Business and Markets Served

 Table 179. Shagang Group Recent Developments/Updates

 Table 180. Aichi Steel Special Steel Company Information

 Table 181. Aichi Steel Special Steel Specification and Application

 Table 182. Aichi Steel Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 183. Aichi Steel Main Business and Markets Served

 Table 184. Aichi Steel Recent Developments/Updates

 Table 185. Nippon Koshuha Special Steel Company Information

 Table 186. Nippon Koshuha Special Steel Specification and Application

 Table 187. Nippon Koshuha Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 188. Nippon Koshuha Main Business and Markets Served

 Table 189. Nippon Koshuha Recent Developments/Updates

 Table 190. Metallus Inc Special Steel Company Information

 Table 191. Metallus Inc Special Steel Specification and Application

 Table 192. Metallus Inc Special Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021–2026)

 Table 193. Metallus Inc Main Business and Markets Served

 Table 194. Metallus Inc Recent Developments/Updates

 Table 195. Key Raw Materials Lists

 Table 196. Raw Materials Key Suppliers Lists

 Table 197. Special Steel Distributors List

 Table 198. Special Steel Customers List

 Table 199. Special Steel Market Trends

 Table 200. Special Steel Market Drivers

 Table 201. Special Steel Market Challenges

 Table 202. Special Steel Market Restraints

 Table 203. Research Programs/Design for This Report

 Table 204. Key Data Information from Secondary Sources

 Table 205. Key Data Information from Primary Sources

 Table 206. Authors List of This Report

List of Figures

 Figure 1. Product Picture of Special Steel

 Figure 2. Global Special Steel Market Value by Type (US$ Million), 2021–2032

 Figure 3. Global Special Steel Market Share by Type: 2025 vs 2032

 Figure 4. Structural Steel Product Picture

 Figure 5. Tool Steel and Die Steel Product Picture

 Figure 6. Stainless Steel Product Picture

 Figure 7. Others Product Picture

 Figure 8. Global Special Steel Market Value by Application (US$ Million), 2021–2032

 Figure 9. Global Special Steel Market Share by Application: 2025 vs 2032

 Figure 10. Automobile Industry

 Figure 11. Machinery Industry

 Figure 12. Petrochemicals & Energy Industry

 Figure 13. Other

 Figure 14. Global Special Steel Production Value (US$ Million), 2021 vs 2025 vs 2032

 Figure 15. Global Special Steel Production Value (US$ Million), 2021–2032

 Figure 16. Global Special Steel Production Capacity (K MT), 2021–2032

 Figure 17. Global Special Steel Production (K MT), 2021–2032

 Figure 18. Global Special Steel Average Price (USD/MT), 2021–2032

 Figure 19. Special Steel Report Years Considered

 Figure 20. Special Steel Production Share by Manufacturers in 2025

 Figure 21. Global Special Steel Production Value Share by Manufacturers (2025)

 Figure 22. Special Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025

 Figure 23. Top 5 and Top 10 Global Players: Market Share by Special Steel Revenue in 2025

 Figure 24. Global Special Steel Production Value by Region: 2021 vs 2025 vs 2032 (US$ Million)

 Figure 25. Global Special Steel Production Value Market Share by Region: 2021 vs 2025 vs 2032

 Figure 26. Global Special Steel Production Comparison by Region: 2021 vs 2025 vs 2032 (K MT)

 Figure 27. Global Special Steel Production Market Share by Region: 2021 vs 2025 vs 2032

 Figure 28. North America Special Steel Production Value (US$ Million) Growth Rate (2021–2032)

 Figure 29. Europe Special Steel Production Value (US$ Million) Growth Rate (2021–2032)

 Figure 30. China Special Steel Production Value (US$ Million) Growth Rate (2021–2032)

 Figure 31. Japan Special Steel Production Value (US$ Million) Growth Rate (2021–2032)

 Figure 32. South Korea Special Steel Production Value (US$ Million) Growth Rate (2021–2032)

 Figure 33. Global Special Steel Consumption by Region: 2021 vs 2025 vs 2032 (K MT)

 Figure 34. Global Special Steel Consumption Market Share by Region: 2021 vs 2025 vs 2032

 Figure 35. North America Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 36. North America Special Steel Consumption Market Share by Country (2021–2032)

 Figure 37. U.S. Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 38. Canada Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 39. Europe Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 40. Europe Special Steel Consumption Market Share by Country (2021–2032)

 Figure 41. Germany Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 42. France Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 43. U.K. Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 44. Italy Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 45. Russia Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 46. Asia Pacific Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 47. Asia Pacific Special Steel Consumption Market Share by Region (2021–2032)

 Figure 48. China Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 49. Japan Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 50. South Korea Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 51. China Taiwan Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 52. Southeast Asia Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 53. India Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 54. Latin America, Middle East & Africa Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 55. Latin America, Middle East & Africa Special Steel Consumption Market Share by Country (2021–2032)

 Figure 56. Mexico Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 57. Brazil Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 58. Turkey Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 59. GCC Countries Special Steel Consumption and Growth Rate (K MT), 2021–2032

 Figure 60. Global Production Market Share of Special Steel by Type (2021–2032)

 Figure 61. Global Production Value Market Share of Special Steel by Type (2021–2032)

 Figure 62. Global Special Steel Price (USD/MT) by Type (2021–2032)

 Figure 63. Global Production Market Share of Special Steel by Application (2021–2032)

 Figure 64. Global Production Value Market Share of Special Steel by Application (2021–2032)

 Figure 65. Global Special Steel Price (USD/MT) by Application (2021–2032)

 Figure 66. Special Steel Value Chain

 Figure 67. Channels of Distribution (Direct Vs Distribution)

 Figure 68. Bottom-up and Top-down Approaches for This Report

 Figure 69. Data Triangulation