About the Iron & Steel Manufacturing in Ontario Market Research Report
What’s Included in the Iron & Steel Manufacturing in Ontario Market Research Report
Definition of the Iron & Steel Manufacturing in Ontario?
This industry manufactures pig iron, steel and ferroalloys. Pig iron may be manufactured in a blast furnace or with newer direct-reduction methods. Steel may be manufactured in basic oxygen furnaces (newly made steel) or in electric arc furnaces (recycled steel). The industry also includes operators that manufacture basic steel shapes such as bars, plates, rods, sheets, strips and wire or form pipes and tubes from steel they have produced in-house.
What’s included in the Iron & Steel Manufacturing in Ontario?
The Iron & Steel Manufacturing in Ontario includes direct reduction of iron ore, manufacturing and converting ferroalloys, producing steel through the use of open hearth furnaces, manufacturing cold-rolled and hot-rolled steel products, manufacturing basic steel shapes, such as bar, plate, rod, sheet, strip and wire, forming pipes and tubes from self-produced steel, manufacturing and converting pig iron, producing steel through the combination of coke and iron ore in blast furnaces and producing steel by melting recycled scrap steel, usually with pig iron, in electric arc furnaces. Related terms covered in the Iron & Steel Manufacturing in Ontario industry report includes a furnace used in integrated steelmaking, in which coke and iron ore react together under a hot air flow to form steel, a high-carbon solid produced by heating coal in an oven to drive off volatile components, an iron alloy with a high proportion of one or more other elements that is used in the production of steel as a raw material, the intermediate product of smelting iron ore with coke; usually transferred in molten form to steelmaking furnaces and a furnace for scrap-based steelmaking, in which scrap steel is melted and recycled.
Industry Performance of the Iron & Steel Manufacturing industry in Ontario
Benchmark the Iron & Steel Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.
Iron & Steel Manufacturing in Ontario
#1 in Highest Revenue 44.6% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Iron & Steel Manufacturing in Canada
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Iron & Steel Manufacturing industry in Ontario
See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, world price of steel, world price of iron ore and industrial capacity utilization are impacting Iron & Steel Manufacturing in Ontario
Ontario Economic Indicators
Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd
View more economic information in ON State Economic profile
Canada Key External Drivers
World price of steel
World price of iron ore
Industrial capacity utilization
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Iron & Steel Manufacturing industry in Ontario
Access proprietary data on Census Metropolitan Area in the Iron & Steel Manufacturing in Ontario, such as Toronto, St. Catharines - Niagara and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.
Key Statistics of the Iron & Steel Manufacturing industry in Ontario
Download 18 years of historical data and 5 years of projected performance.


