Industry Statistics and Rankings
How does this industry perform in France compared to Europe?
Country Benchmarking
Industry Data France
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#5 In EuropeBusiness
#6 In EuropeEmployees
#6 In EuropeWages
#4 In EuropeEurope's Iron and Steel Manufacturing industry represents a key backbone of the region's industrial landscape. It's strategically interlinked with various sectors like construction, automotive, machinery and equipment manufacturers. Given steel's versatile applications, the industry's fortunes regularly swing with Europe's broader macroeconomic environment and key drivers, including raw material prices like steel, iron ore and coking coal, alongside construction and motor vehicle manufacturing activity. The industry operates under a loss, as profit has dwindled in the face of low steel prices and heightened environmental regulations, which have inflated costs.
Enterprises
Number of businesses in 2024
Biggest companies in the Iron & Steel Manufacturing in France
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
ArcelorMittal SA | 76,351.8 | 10,003.2 | 13.1 | |
Voestalpine AG | 14,800.0 | 1,500.0 | 10.1 |
Access statistics and analysis on all 2 companies with purchase. View purchase options.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Iron & Steel Manufacturing industry in France in 2024?
The market size of the Iron & Steel Manufacturing industry in France is €16.1bn in 2024.
How many businesses are there in the Iron & Steel Manufacturing in France industry in 2024?
There are 331 businesses in the Iron & Steel Manufacturing industry in France, which has grown at a CAGR of 1.3 % between 2019 and 2024.
Has the Iron & Steel Manufacturing industry in France grown or declined over the past 5 years?
The market size of the Iron & Steel Manufacturing industry in France has been declining at a CAGR of 5.7 % between 2019 and 2024.
What is the forecast growth of the Iron & Steel Manufacturing industry in France over the next 5 years?
Over the next five years, the Iron & Steel Manufacturing industry in France is expected to grow.
What are the biggest companies in the Iron & Steel Manufacturing market in France?
The biggest companies operating in the Iron & Steel Manufacturing market in France are ArcelorMittal SA and Voestalpine AG
What does the Iron & Steel Manufacturing in France include?
Flat products and Bar steel are part of the Iron & Steel Manufacturing industry.
Which companies have the highest market share in the Iron & Steel Manufacturing in France?
The company holding the most market share in France is ArcelorMittal SA.
How competitive is the Iron & Steel Manufacturing industry in France?
The level of competition is moderate and steady in the Iron & Steel Manufacturing industry in France.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Rubber & Plastic Product Manufacturing in France
- Concrete, Cement & Plaster Product Manufacturing in France
Complementors
Table of Contents
About this industry
Industry definition
Companies in this industry produce iron and steel in blast furnaces or reprocess steel in electric arc furnaces. Iron and steel manufacturers convert pig iron, also known as crude iron, into steel and produce ferroalloys and steel products from it. They mainly produce hot- and cold-rolled flat products that are then processed by other manufacturers.
Related Terms
INGOT ELECTRIC ARC FURNACE FERROALLOYS SMELTINGWhat's included in this industry?
Flat products Bar steel Iron and steel ingots Other productsCompanies
ArcelorMittal SAVoestalpine AGIndustry Code
241 - Manufacture of basic iron and steel in France
View up to 2 companies with purchase. View purchase options.
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Iron & Steel Manufacturing in France industry?
Outlook
Analysis
What's driving the Iron & Steel Manufacturing in France industry outlook?
Volatility
Analysis
What influences volatility in the Iron & Steel Manufacturing in France industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Iron & Steel Manufacturing in France industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Major markets for bar steel include construction and also mechanical engineering. Revenue generated from bar steel has trended upwards, driven by the resurgence in the construction sector.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Iron & Steel Manufacturing in France industry's products and services performing?
Analysis
What are innovations in the Iron & Steel Manufacturing in France industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Iron & Steel Manufacturing in France industry?
International Trade
Highlights
- Total Imports into France
- Total Exports into France
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Strong strategies drive market share in steel. Fewer giants dominate Europe's steel scene thanks to economies of scale, strategic acquisitions and leading the green game. Success hinges on cost-efficiency, smart deals and being an eco-conscious pioneer.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Iron & Steel Manufacturing in France located?
Companies
Data Tables
Top 2 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulation pushes towards a greener steel industry in Europe. Government regulations and policy initiatives are steering Europe’s steel industry towards more sustainable and environmentally friendly practices. Both legislative mandates and incentives are driving this shift.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Iron & Steel Manufacturing in France industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit loss is mainly due to high utility prices. Following the Russian invasion of Ukraine in 2022, high gas and electricity prices and a rise in global steel production have caused significant losses for European manufacturers.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Iron & Steel Manufacturing in France industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
France
Italy
Spain