Steel is critical, as there is no other material with same unique combination of strength, formability (malleability and ductility) and versatility. Steel plays critical role in virtually every phase of our lives. The rails, roads, vehicles that make up our transportation chain use steel. High strength steel provides strong framework and connections in the building constructions. They are used to deliver food and water supply and also industrial product deliveries. It is a basic component ... Read more
High Strength Steel is used in various end-use industries including automobile, building & construction, mining, military & defense, and aviation. The growing investment in infrastructural development coupled with the increasing defense budget is expected to augment the growth of the global high strength steel further. Among the various end-use industries, automobile and building & construction are expected to hold the ... Read more
Steel is critical, as there is no other material with same unique combination of strength, formability (malleability and ductility) and versatility. Steel plays critical role in virtually every phase of our lives. The rails, roads, vehicles that make up our transportation chain use steel. High strength steel provides strong framework and connections in the building constructions. They are used to deliver food and water supply and also industrial product deliveries. It is a basic component ... Read more
The automobile segment followed by building & construction segment is anticipated to observe a higher CAGR during the forecast period. High strength steel in automobiles helps in the reduction of weight, which, in turn, reduces the emissions in automobiles. The implementation of stringent regulations regarding the greenhouse emissions is further anticipated to boost the market demand. high strength steel is extensively used in ... Read more
