Mobile Menu

Iron & Steel Manufacturing in Saskatchewan

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS SK33111CA

Iron & Steel Manufacturing in Saskatchewan industry analysis

Revenue for the Iron & Steel Manufacturing industry in Saskatchewan is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely decline -x%. The number of industry establishments is forecast to decline -x.x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Iron & Steel Manufacturing in Saskatchewan Market Research Report

What’s Included in the Iron & Steel Manufacturing in Saskatchewan Market Research Report

Definition of the Iron & Steel Manufacturing in Saskatchewan?

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 Saskatchewan?

The Iron & Steel Manufacturing in Saskatchewan 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 Saskatchewan 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 Saskatchewan

Benchmark the Iron & Steel Manufacturing in Saskatchewan industry performance with all SK Census Metropolitan Area and national performance.

Iron & Steel Manufacturing in Saskatchewan

#5 in Highest Revenue 7.7% of province's GDP
Revenue (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 Saskatchewan

See how key industry drivers, such as population, private investment in non-residential construction, gross domestic product, world price of steel, world price of iron ore and industrial capacity utilization are impacting Iron & Steel Manufacturing in Saskatchewan

Saskatchewan Economic Indicators

Population
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in SK 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 Saskatchewan

Access proprietary data on Census Metropolitan Area in the Iron & Steel Manufacturing in Saskatchewan, such as Regina and Saskatoon. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Iron & Steel Manufacturing industry in Saskatchewan

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

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 Saskatchewan in 2025?

The market size of the Iron & Steel Manufacturing industry in Saskatchewan is $1.2bn in 2025.

How many businesses are there in the Iron & Steel Manufacturing industry in Saskatchewan in 2025?

There are 9 businesses in the Iron & Steel Manufacturing industry in Saskatchewan, which has been declining at an average annual rate of -3.9% from 2020 to 2025.

Has the Iron & Steel Manufacturing industry in Saskatchewan grown or declined over the past 5 years?

The market size of the Iron & Steel Manufacturing industry in Saskatchewan has been declining at an average annual rate of -1.3% from 2020 to 2025.

How many employees in the Iron & Steel Manufacturing industry in Saskatchewan in 2025?

There are 797 employees in the Iron & Steel Manufacturing industry in Saskatchewan, which has been declining at an average annual rate of -6.1% from 2020 to 2025.