Summary

Turkey & GCC Long Steel Products Market Research Report Information By Product Type ( Bars, Rods, Wire Rods, Sections), By Size ( Thickness) ( Less than 10 mm, Between 10 mm to 50 mm, Above 50 mm), By Size (Length) (below 6 meters, 6 to 12 meters, Above 12 meters), By Production Process (Basic Oxygen Furnace, Electric Arc Furnace, Induction Furnace), By Grade (Carbon Steel Grades{ Low Carbon Steel, Medium Carbon Steel, High Carbon Steel}, Alloy Steel Grades {Low Alloy Steel, Medium Alloy Steel, High Alloy Steel}, Rebar Grades , Structural Steel Grades, Others), By End Use (Construction, Automotive, Energy, Manufacturing, Others) , By Country Forecast to 2035
Market Overview
The Turkey & GCC Long Steel Products Market is expected to increase from USD 26,871.1 million in 2024 to USD 66,509.9 million by 2035, with a compound yearly growth rate (CAGR) of 8.6% over the forecast period (2024-2035).
Long steel products are steel materials created in long shapes, such as bars, rods, wire rods, and so on. These goods are widely used in industries like building, manufacturing, electricity, and automobiles. Long steel products are valued in these industries due to their great tensile strength and capacity to handle large loads. These steel goods have a long lifespan and can withstand wear and tear from adverse environments such as moisture, heat, and heavy loads. The production of long steel products includes techniques such as hot rolling, which molds the steel into its long form. These goods are typically made from billets, which are semi-finished forms of steel that are then treated into long shapes.

Market Segment insights
The long steel products market is segmented into four product types: bars, rods (TMT), wire rods, and sections.
The long steel products market is divided into five grades carbon steel, alloy steel, rebar, structural steel, and others.
The long steel products market is divided into three segments based on size (thickness): less than 10 mm, between 10 mm and 50 mm, and more than 50 mm.
The long steel products market is divided into three segments based on size (length): less than 6 meters, 6 to 12 meters, and more than 12 meters.
The long steel products market is divided into four segments based on the production process: basic oxygen furnaces, electric arc furnaces, induction furnaces, and others.
The long steel products market is divided into five segments based on end use: construction, automotive, energy, manufacturing, and other.
Regional insights

The Turkey & GCC Long Steel Products Market is divided by country. The Turkey & GCC Steel Long Products Market is divided into two regions: Turkey and the Gulf. Turkey dominated the market in 2023, accounting for 52.23% of the total.

Major Players
EMSTEEL, SULB, Jindal Shadeed Iron and Steel LLC, Qatar Steel, Erdemir Group, Riyadh Steel Company, Al-Ittefaq Steel Products Company, Colakoglu Metalurji A.S., Tosyali Holding, Hadeed, and Al Rajhi Steel are among the prominent players in the Turkey and GCC Long Steel Products Market.

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Table of Contents

TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 OVERVIEW
3.2 DATA FLOW
3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
3.4.1 SECONDARY RESEARCH DATA FLOW
3.5 PRIMARY RESEARCH
3.5.1 PRIMARY RESEARCH DATA FLOW
3.6 APPROACHES FOR MARKET SIZE ESTIMATION
3.6.1 CONSUMPTION & NET TRADE APPROACH
3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
3.8.1 MICROECONOMIC FACTOR ANALYSIS
3.8.2 DATA MODELING
3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 INCREASING URBANIZATION AND INDUSTRIALIZATION IS DRIVING THE DEMAND FOR LONG STEEL PRODUCTS
4.2.2 RISING APPLICATIONS IN THE AUTOMOTIVE SECTOR
4.2.3 INCREASING USAGE OF LONG STEEL PRODUCTS IN ENERGY SECTOR
4.2.4 RAPIDLY GROWING MANUFACTURING INDUSTRY
4.3 RESTRAINTS
4.3.1 HIGH ENERGY COSTS IN STEEL PRODUCTION LIMITS ITS MARKET EXPANSION
4.4 OPPORTUNITY
4.4.1 GROWING FOCUS ON SUSTAINABLE CONSTRUCTION MATERIALS IS BOOSTING THE DEMAND FOR LONG STEEL PRODUCTS
4.5 TRENDS
4.5.1 GROWING USAGE OF LONG STEEL PRODUCTS IN FURNITURE APPLICATIONS
4.6 IMPACT ANALYSIS OF COVID-19
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY/VALUE CHAIN ANALYSIS
5.1.1 RAW MATERIAL SUPPLIERS
5.1.2 MANUFACTURERS
5.1.3 DISTRIBUTION CHANNELS
5.1.4 END USE INDUSTRY
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 THREAT OF SUBSTITUTES
5.2.3 BARGAINING POWER OF SUPPLIERS
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
5.3 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS
5.3.1 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS, BY COUNTRY, 2018 – 2035 (USD/TON)
5.3.2 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS, BY PRODUCT, (USD/TON)
5.3.3 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS, BY THICKNESS (BARS), (USD/TON)
5.3.4 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS, BY THICKNESS (TMT RODS), (USD/TON)
5.3.5 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS, BY THICKNESS (WIRE RODS), (USD/TON)
5.3.6 TURKEY & GCC LONG STEEL PRODUCTS MARKET PRICING ANALYSIS BY COUNTRY, BY THICKNESS (SECTIONS), (USD/TON)
5.4 TECHNOLOGICAL ADVANCEMENTS IN THE TURKEY & GCC LONG STEEL PRODUCTS MARKET
5.5 OVERVIEW ON RESEARCH & DEVELOPMENTS ACTIVITIES IN LONG STEEL PRODUCTS MARKET
5.6 TRADE ANALYSIS (IN TONS)
5.6.1 HS CODE: 7214 (BARS AND RODS, OF IRON OR NON-ALLOY STEEL, NOT FURTHER WORKED THAN FORGED, HOT-ROLLED, HOT-DRAWN OR HOT-EXTRUDED, BUT INCL. THOSE TWISTED AFTER ROLLING (EXCL. IN IRREGULARLY WOUND COILS))
5.6.1.1 IMPORT ANALYSIS
5.6.1.2 EXPORT ANALYSIS
5.6.2 HS CODE: 7213(BARS AND RODS OF IRON OR NON-ALLOY STEEL, HOT-ROLLED, IN IRREGULARLY WOUND COILS)
5.6.2.1 IMPORT ANALYSIS
5.6.2.2 EXPORT ANALYSIS
5.6.3 HS CODE: 7216 (ANGLES, SHAPES AND SECTIONS OF IRON OR NON-ALLOY STEEL, N.E.S.)
5.6.3.1 IMPORT ANALYSIS
5.6.3.2 EXPORT ANALYSIS
5.6.4 HS CODE: 721420 (BARS AND RODS, OF IRON OR NON-ALLOY STEEL, WITH INDENTATIONS, RIBS, GROVES OR OTHER DEFORMATIONS PRODUCED DURING THE ROLLING PROCESS)
5.6.4.1 IMPORT ANALYSIS
5.6.4.2 EXPORT ANALYSIS
5.7 SUPPLY-DEMAND ANALYSIS (2018-2035) (KILOTONS)
5.7.1 SUPPLY ANALYSIS
5.7.2 DEMAND ANALYSIS
5.8 POTENTIAL FOR PRODUCT DIVERSIFICATION WITHIN THE INDUSTRY
6 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY PRODUCT TYPE
6.1 INTRODUCTION
6.1.1 BARS
6.1.2 RODS (TMT)
6.1.3 WIRE RODS
6.1.4 SECTIONS
7 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY GRADE
7.1 INTRODUCTION
7.1.1 CARBON STEEL GRADES
7.1.1.1 LOW CARBON STEEL
7.1.1.2 MEDIUM CARBON STEEL
7.1.1.3 HIGH CARBON STEEL
7.1.2 ALLOY STEEL GRADES
7.1.2.1 LOW ALLOY STEEL
7.1.2.2 MEDIUM ALLOY STEEL
7.1.2.3 HIGH ALLOY STEEL
7.1.3 REBAR GRADES
7.1.4 STRUCTURAL STEEL GRADES
7.1.5 OTHERS
8 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY SIZE (THICKNESS)
8.1 INTRODUCTION
8.1.1 LESS THAN 10 MM
8.1.2 BETWEEN 10 MM TO 50 MM
8.1.3 ABOVE 50 MM
9 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY SIZE (LENGTH)
9.1 INTRODUCTION
9.1 INTRODUCTION
9.1.1 BELOW 6 METERS
9.1.2 6 TO 12 METERS
9.1.3 ABOVE 12 METERS
10 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY PRODUCTION PROCESS
10.1 INTRODUCTION
10.1.1 BASIC OXYGEN FURNACE
10.1.2 ELECTRIC ARC FURNACE
10.1.3 INDUCTION FURNACE
11 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY END USE
11.1 INTRODUCTION
11.1.1 CONSTRUCTION
11.1.2 AUTOMOTIVE
11.1.3 ENERGY
11.1.4 MANUFACTURING
11.1.5 OTHERS
12 TURKEY & GCC STEEL LONG PRODUCTS MARKET, BY REGION
12.1 INTRODUCTION
12.1.1 TURKEY
12.1.2 GCC
12.1.2.1 SAUDI ARABIA
12.1.2.2 UAE
12.1.2.3 KUWAIT
12.1.2.4 QATAR
12.1.2.5 OMAN
12.1.2.6 BAHRAIN
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 MARKET SHARE ANALYSIS, 2023
13.3 COMPETITIVE DASHBOARD
13.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
13.4.1 PRODUCT DEVELOPMENTS
14 COMPANY PROFILES
14.1 EMSTEEL
14.1.1 COMPANY OVERVIEW
14.1.2 FINANCIAL OVERVIEW
14.1.3 PRODUCTS OFFERED
14.1.4 KEY DEVELOPMENTS
14.1.5 SWOT ANALYSIS
14.1.6 KEY STRATEGY
14.2 SULB
14.2.1 COMPANY OVERVIEW
14.2.2 FINANCIAL OVERVIEW
THE FINANCIAL INFORMATION OF THIS COMPANY IS NOT AVAILABLE IN THE PUBLIC DOMAIN.
14.2.3 PRODUCTS OFFERED
14.2.4 KEY DEVELOPMENTS
14.2.5 SWOT ANALYSIS
14.2.6 KEY STRATEGY
14.3 JINDAL SHADEED IRON & STEEL LLC
14.3.1 COMPANY OVERVIEW
14.3.2 FINANCIAL OVERVIEW
THE FINANCIAL INFORMATION OF THIS COMPANY IS NOT AVAILABLE IN THE PUBLIC DOMAIN.
14.3.3 PRODUCTS OFFERED
14.3.4 KEY DEVELOPMENTS
14.3.5 SWOT ANALYSIS
14.3.6 KEY STRATEGY
14.4 QATAR STEEL
14.4.1 COMPANY OVERVIEW
14.4.2 FINANCIAL OVERVIEW
14.4.3 PRODUCTS OFFERED
14.4.4 KEY DEVELOPMENTS
14.4.5 SWOT ANALYSIS
14.4.6 KEY STRATEGY
14.5 AL RAJHI STEEL
14.5.1 COMPANY OVERVIEW
14.5.2 FINANCIAL OVERVIEW
14.5.3 PRODUCTS OFFERED
14.5.4 KEY DEVELOPMENTS
14.5.5 SWOT ANALYSIS
14.5.6 KEY STRATEGY
14.6 ERDEMIR GROUP
14.6.1 COMPANY OVERVIEW
14.6.2 FINANCIAL OVERVIEW
14.6.3 PRODUCTS OFFERED
14.6.4 KEY DEVELOPMENTS
14.6.5 SWOT ANALYSIS
14.6.6 KEY STRATEGY
14.7 RIYADH STEEL CO
14.7.1 COMPANY OVERVIEW
14.7.2 FINANCIAL OVERVIEW
14.7.3 PRODUCTS OFFERED
14.7.4 KEY DEVELOPMENTS
14.7.5 SWOT ANALYSIS
14.7.6 KEY STRATEGY
14.8 AL ITTEFAQ STEEL PRODUCTS CO.
14.8.1 COMPANY OVERVIEW
14.8.2 FINANCIAL OVERVIEW
14.8.3 PRODUCTS OFFERED
14.8.4 KEY DEVELOPMENTS
14.8.5 SWOT ANALYSIS
14.8.6 KEY STRATEGY
14.9 COLAKOGLU METALURJI
14.9.1 COMPANY OVERVIEW
14.9.2 FINANCIAL OVERVIEW
14.9.3 PRODUCTS OFFERED
14.9.4 KEY DEVELOPMENTS
14.9.5 SWOT ANALYSIS
14.9.6 KEY STRATEGY
14.10 TOSYALI HOLDING
14.10.1 COMPANY OVERVIEW
14.10.2 FINANCIAL OVERVIEW
14.10.3 PRODUCTS OFFERED
14.10.4 KEY DEVELOPMENTS
14.10.5 SWOT ANALYSIS
14.10.6 KEY STRATEGY
14.11 HADEED
14.11.1 COMPANY OVERVIEW
14.11.2 FINANCIAL OVERVIEW
14.11.3 PRODUCTS OFFERED
14.11.4 KEY DEVELOPMENTS
14.11.5 SWOT ANALYSIS
14.11.6 KEY STRATEGY
15 DATA CITATIONS