Stainless Steel Strips Market - Top Companies and Manufacturers

  • Report ID: 5701
  • Published Date: Jan 03, 2025
  • Report Format: PDF, PPT

Companies Dominating the Stainless Steel Strips Landscape

    • POSCO
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ArcelorMittal
    • Shanghai Shida Precision Stainless Steel Co., Ltd.
    • Outokumpu
    • Aperam
    • BS Stainless Limited
    • Jindal Stainless
    • China BaoWu Steel Group Corporation Limited
    • Tata Steel
    • AB STEEL
    • Rajguru Steel Industries

Browse Key Market Insights with Data Illustration:

In the News

  • Outokumpu, the world leader in sustainable stainless steel, and Siemens, a technology corporation that focuses on industry, infrastructure, transportation, and healthcare, together have decided to start shipping the world's first towards-zero stainless steel. Medium-voltage switchgear will be made using Outokumpu Circle Green®, which has a carbon footprint that is up to 93% lower than the industry average*. By working together, the two businesses are able to meet their challenging climate goals.
  • Baowu Steel Group has opened a plant for processing and producing steel scrap with an annual capacity of 2.8 million tons. According to a Tuesday statement from Ouyeel Blockchain Finance and Metal Recycling Resources Co Ltd, a Baowu company, the facility launched on Monday and required a total expenditure of 440 million yuan ($68.35 million). According to the company, this is the first "lights out factory" (another word for unattended production) in the metals recycling sector. It stated that all of these functions—production, sales, settlement, suppliers, and operations—will be handled online.

Author Credits:  Richa Gupta


  • Report ID: 5701
  • Published Date: Jan 03, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of stainless steel strips is estimated at USD 125.23 billion.

The stainless steel strips market size was valued at USD 119.44 billion in 2024 and is set to exceed USD 245.54 billion by 2037, registering over 5.7% CAGR during the forecast period i.e., between 2025-2037. The market growth is owing to new megatrends such as urbanization, rising mobility, population density, climate change and economic development.

Asia Pacific industry is likely to dominate majority revenue share of 33% by 2037, due to rising substantial demand in automotive industry in the region.

The major players in the market are ArcelorMittal, Shanghai Shida Precision Stainless Steel Co., Ltd., Outokumpu, Aperam, BS Stainless Limited, Jindal Stainless, China BaoWu Steel Group Corporation Limited,Tata Steel, AB STEEL, Rajguru Steel Industries and others.
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