SB Special: Sustainable Steel Is the Future — Be Ready!

The global steel industry is entering a new era — one led by Green Steel, Recycled Steel, and Technology-led transformation. Here’s what the numbers reveal — and what they really mean for you on SteelBazaar.

Green Steel is Going Mainstream
By 2031, Green Steel will hold 45% of the global sustainable steel market — up from 40% in 2023.
🔄 This isn’t about tonnes; it’s about value. These shares are based on revenue contributions (%), not physical volume.
📌 Action for SB Sellers: Prioritize listing certified green products. They’ll dominate buyer demand in coming years.

Recycled Steel Will Surge Too
Recycled steel jumps from 15% to 20% market share by 2031.
📦 The unit here = percentage of total market revenue, not kilos.
📌 Action for SB Vendors: Highlight recycled credentials, certifications, and sustainability badges on your listings.

End-Use Demand is Shifting
Transportation rises from 30% to 40%
Construction rises from 20% to 30%
💡 These percentages show where the money is being spent, not just who’s buying more.
📌 Action for SB Buyers: Use category filters to source verified suppliers aligned with your sector’s sustainability goals.

Tech is the New Differentiator
Green Steel tech usage jumps to 45%
Sustainable steel tech grows to 35%
📌 These charts use % share of technological influence in value terms.
📌 Action for Product Teams: Use “green-tech-enabled” or “EAF-based” tags in product pages for better discovery.

✅ The Bigger Picture
While we often think in tonnes and grades, this report tracks how much of the market's spending goes into each category — measured in percent share of total global value.

🔐 SB Advantage: You’re not just listing products; you’re listing the future of steel.
Use this trend to reshape how you brand, tag, and position your offerings.