HIGH-CARBON STEEL MARKET

INTRODUCTION

The term "carbon steel" refers to a type of steel that contains the element carbon. A world devoid of steel construction would be impossible to associate with the modern era in any meaningful manner.

Skyscrapers, railroad lines, bridges, automotive frames, and other household tools that must withstand a great deal of strain, wear, and tear are all constructed using steel, which is the most common material on the globe.

High-carbon steel is a variety that, while being brittle by industrial standards, has become indispensable. The amount of carbon in carbon steel can be altered, but it never goes over about 2.0 percent.

HIGH-CARBON STEEL MARKET SIZE AND FORECAST

The Global High-Carbon Steel market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

HIGH-CARBON STEEL MARKETNEW PRODUCT LAUNCH

Aisi 1065 High Carbon High Chromium Steel Sheet, 5 mm in thickness. High-Carbon Steel It has a powder-coated surface treatment.It is a Jindal product. Its Application / Usage is Under Construction.It was created via hot rolling. It has a rectangular shape. It has 10% lengthening.

Material Grade: Hchcr D3 and Hchcr D2 Rectangular High Carbon High Chromium Cold Flat Bar for Industrial Use. Shape is Rectangular, and Density is 7.7 x 1000 kg/m3. Material is made up of Die Steel Thickness  ranges from 10 mm-500 mm. Round High Carbon Steel Bar

Heat to between 680 and 710 degrees Celsius, then slowly cool in a furnace. Temperature normalisation: 840–880 degrees Celsius for air. Hardening: Harden at a temperature between 820 and 860 degrees Celsius, then cool with water or oil. Tempering: Air temperature ranges from 550 to 660 degrees Celsius. Forging: 1050–850 degrees Celsius for hot shaping.

Applications include screws, forgings, wheel tyres, shafts, sickles, axes, knives, drills for woodworking, hammers, etc. that are made of quenched and tempered steel.

Zeremis Carbon Lite, a steel with an allotted carbon footprint reduction of up to 100%, was launched by Tata Steel Netherlands. The decreased CO2 intensity was validated by independent assurance expert DNV and is based on CO2 reductions realised within Tata Steel Netherlands.

With Zeremis Carbon Lite, the company satisfies a rising demand for low-CO2 steel, which is being felt, for example, in consumer-facing sectors like the auto, packaging, and white goods industries.

Before Tata Steel Netherlands commissions its first Direct Reduced Iron (DRI) installation, the company aims to reduce CO2 emissions by 500 kilotons, which should allow the business to supply at least 200 kilo tons of CO2-neutral equivalent steel annually.In the markets they service, there is a growing need for steel that is manufactured in a more environmentally friendly manner. 

The use of low-CO2 steel enables the customer-facing clients to lower their so-called scope 3 emissions and so increase the sustainability of their product offerings. These clients have ambitious CO2 reduction goals of their own. Tata Steel has been attempting to lower its CO2 emissions for a number of years.

IJmuiden's steel production has a CO2 intensity that is roughly 7% lower than the European average and nearly 20% lower than the global average. Tata Steel nevertheless under pressure to significantly reduce its environmental effect.Tata Steel has committed to converting to green hydrogen-based steelmaking in order to significantly reduce the emissions of steel manufacturing.

When the first DRI installation is put into service, the business aims to reduce CO2 emissions by at least 30%; by 2035, it wants to emit 75% less CO2. When that happens, the business will start operating as a large-scale, premium green steel manufacturer. 

In the long run, no CO2 emissions will be produced throughout any stage of steel production. When compared to the average for steel goods in Europe, such as hot-rolled coil or cold-rolled coil, the initial offering of Zeremis Carbon Lite has a 30% reduction in CO2 intensity.

Additional CO2 reduction certificates may be distributed if clients have greater CO2 emission reduction goals, even CO2 neutral goals, to guarantee that they are reached. The objective of the independent assurance provided by DNV is to make sure that the CO2 emission savings are calculated and apportioned in an acceptable manner and that Tata Steel's methodology for doing so is sound.

HIGH-CARBON STEEL MARKETCOMPANY PROFILE

• Alloy Steel Manufacturers and Suppliers 
• Saaj Steel Corporation
• SHAHNAZ BRIGHT STEEL INDUSTRIES PRIVATE LIMITED
• Globe Steels Private Limited.
• A K STEEL CORPORATION
• AVK STEELS & ALLOYS PVT LTD

HIGH-CARBON STEEL MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many High-Carbon Steel are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global High-Carbon Steel and key vendor selection criteria
3. Where is the High-Carbon Steel manufactured? What is the average margin per unit?
4. Market share of Global High-Carbon Steel market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global High-Carbon Steel in-house
6. key predictions for next 5 years in Global High-Carbon Steel market
7. Average B-2-B High-Carbon Steel market price in all segments
8. Latest trends in High-Carbon Steel market, by every market segment
9. The market size (both volume and value) of the High-Carbon Steel market in 2024-2030 and every year in between?
10. Production breakup of High-Carbon Steel market, by suppliers and their OEM relationship