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2025 U.S. Industry Statistics & Market Forecast - Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Market Size & Industry Statistics
The total U.S. industry market size for Iron and Steel Pipe and Tube Manufacturing from Purchased Steel:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Iron and Steel Pipe and Tube Manufacturing from Purchased Steel industry include:- Increasing global demand for steel pipes in the oil and gas industry
- Shift towards sustainable and environmentally friendly production methods
- Advancements in steel manufacturing technology improving efficiency
- Fluctuating steel prices impacting production costs
- Tighter regulations and standards for emissions and quality
- Growth in construction industries requiring pipes and tubes
- Expanded use of pre-coated and pre-lined pipes in various applications
- Rising competition from manufacturers in lower-cost countries
- Integration of digital technologies and automation in production processes
- Increasing use of recycled materials in steel pipe production
- Enhanced focus on supply chain optimization to reduce costs and improve delivery times
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Iron and Steel Pipe and Tube Manufacturing from Purchased Steel company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Iron and Steel Pipe and Tube Manufacturing from Purchased Steel industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Iron and Steel Pipe and Tube Manufacturing from Purchased Steel measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 6% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 8% | |||
| Installation, Maintenance, and Repair Occupations | 7% | |||
| Other Installation, Maintenance, and Repair Occupations | 6% | |||
| Production Occupations | 56% | |||
| Supervisors of Production Workers | 6% | |||
| First-Line Supervisors of Production and Operating Workers | 6% | |||
| First-Line Supervisors of Production and Operating Workers | 6% | |||
| Metal Workers and Plastic Workers | 38% | |||
| Forming Machine Setters, Operators, and Tenders, Metal and Plastic | 10% | |||
| Rolling Machine Setters, Operators, and Tenders, Metal and Plastic | 5% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 11% | |||
| Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic | 8% | |||
| Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 6% | |||
| Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 6% | |||
| Welding, Soldering, and Brazing Workers | 6% | |||
| Welders, Cutters, Solderers, and Brazers | 6% | |||
| Other Production Occupations | 8% | |||
| Transportation and Material Moving Occupations | 9% | |||
| Material Moving Workers | 8% | |||
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Iron and Steel Pipe and Tube Manufacturing from Purchased Steel industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Iron and Steel Pipe and Tube Manufacturing from Purchased Steel industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Iron and Steel Pipe and Tube Manufacturing from Purchased Steel industry. |
Source:
Latest Industry News
- From glass and steel to rare earth metals, new materials have changed society throughout history - Materials science might seem very technical, but as a scientific discipline, it has led to many shifts in society over the past few centuries. (07/03/2025)
- Triple-S Steel Holdings acquires American Stainless Tubing - Triple-S Steel Holdings Inc. of Houston has acquired American Stainless Tubing Inc., a manufacturer of ornamental and highly polished stainless steel tubing in North Carolina. This acquisition expands Triple-S Steel’s stainless portfolio and enhances its service capabilities across the architecture, marine, and industrial fabrication sectors. (07/01/2025)
- Saudi Arabia imposes final anti-dumping duties on stainless steel pipe imports from China, Taiwan - ????? - Saudi Arabia imposed final anti-dumping duties on imports of stainless-steel pipes or tubes with circular cross-sections and longitudinal welds originating from China and Taiwan, Majid bin Abdullah Al-Kassabi, Minister of Commerce and Chairman of General Authority of Foreign Trade (GAFT), announced. Published by Umm Al-Qura newspaper today, June 30, final anti-dumping duties will be collected ... (06/29/2025)
- Sambhv Steel Tubes' Rs 540 crore IPO opens for subscription: Should you apply or avoid? - About the IPO Sambhv Steel Tubes launched its Rs 540 crore IPO on June 25, 2025, with subscriptions open until June 27. The issue comprises a Rs 440 crore fresh issue and a Rs 100 crore offer for sale by promoters. (06/25/2025)
- Direct Reduced Iron Market Forecast 2025-2034: Comprehensive Insights On Market Size, Growth Factors, Trends - MENAFN.COM - report/iron-and-steel-pipe-and-tube-global-market-report The Business Research Company has constructed a reputable professional portfolio that includes over 15000+ reports from 27 industries ... (06/25/2025)
- Klauer Manufacturing Co. Steel Siding Redefines Low-Maintenance Luxury - Business Wire - Klauer Manufacturing Co. Steel Siding Redefines Low-Maintenance Luxury Klauer Manufacturing Company's steel siding provides the design versatility for any home’s vision. (06/24/2025)
- Trump’s 50 percent aluminum, steel tariffs will create new American manufacturing jobs - President Trump has reaffirmed his commitment to putting American manufacturing workers first by increasing tariffs on Canadian aluminum and steel, while globalist special interest groups are (06/23/2025)
- Details slim on US Steel, Nippon's reported Iron Range investment - MOUNTAIN IRON — Nippon Steel's purchase of U.S. Steel includes $14 billion in investment in the company, including $800 million in its Iron Range taconite mining and processing operations ... (06/18/2025)
- Steel stock skyrockets 19% after company to foray into renewable energy sector - MSN - Coming into financial highlights, Rama Steel Tubes Limited's revenue has increased from Rs. 268.27 crore in Q4 FY24 to Rs. 293.20 crore in Q4 FY25, which has grown by 9.29 percent. (06/08/2025)
- Revolutionary Iron Recovery Method Paves Way for Sustainable Steelmaking - Moscow Power Engineering Institute unveils a novel method for iron recovery, bypassing traditional pig iron production. The new technology reduces costs, emissions, and energy use, offering significant environmental benefits, (05/26/2025)
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