INDIA AUTOMOTIVE STEEL MARKET

 

INTRODUCTION

 

 Automotive Steel is recycled steel and it can be recycled unlimitedly. Automotive industry has lower Carbon Dioxide life cycle emissions than any other automotive material. High strength steels enable light but stronger vehicles.

 

 

 Automotive industry is all those companies involved in the manufacture of motor vehicles, including most components such as bodies and engines. But they will not manufacture the tires, fuel and batteries. 

 

 The types of steel used in Automotive industry can be anywhere from High-strength steel, High-Carbon, Low-Carbon, Stainless steel and galvanized steel. 

Examples of the Automotive steel industry are listed below. 

• Ministry of Steel
• Federation of Indian Mineral Industries.
• Aluminium Association of India 

 

INDIA AUTOMOTIVE STEEL MARKET SIZE AND FORECAST

 

The India Automotive steel market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

 

RECENT DEVELOPMENTS IN INDIA AUTOMOTIVE STEEL

 

Sl. No.	Company	Year	Developments
1.	TATA Steel BSL	Nov, 2021	Tata Steel BSL merged with Tata Steel.
	TATA Steel BSL	Aug, 2021	Tata Steel BSL sets up a UV oxidation unit in Odisha to treat cyanide in wastewater.
2.	Steel Authority of India Limited	March, 2022	Inox Air announced its greenfield project at Steel Authority of India limited (SAIL) Bokaro plant with an investment of Rs. 750 Cr.
3.	JSW Steel	March, 2022	JSW Steel announced the winding up of its three subsidiaries in Mauritius.
4.	Hindalco Industries	Feb, 2022	Hindalco Industries announced that it divested stake in wholly-owned Subsidiary.

 

COMPANY PROFILES

• TATA Steel BSL
• Steel Authority of India Limited
• JSW Steel
• Hindalco Industries
• Essar Steel India ltd.
• Electrosteel Steel Ltd.
• Jindal Stainless ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average selling price in the India Automotive steel Market right now and how will it change in the next 5-6 years? 
2. Market share of India Automotive steel Market manufacturers and their upcoming products
3. Cost advantage for OEMs who manufacture India Automotive steel in-house
4. 5 key predictions for the next 5 years in the India Automotive steel Market.
5. Latest trends in India Automotive steel Market, by every market segment
6. The market size (both volume and value) of India Automotive steel Market in 2022-2027 and every year in between
7. Global production breakup of India Automotive steel Market, by suppliers and their OEM relationship
8. What is happening overall in the India Automotive steel market.
9. Who are the major players in the India Automotive steel market.
10. What are the business opportunities in India Automotive steel Market
11. What is the target group ?
12. What are the strategies for the India Automotive steel market in the next 5 years?