Press release
India Steel Market Size, Share, Growth, Demand, Report and Industry Outlook 2025-2033
Market Size & Future Growth Potential:
The India steel market size reached 144.43 Million Tons in 2024. The market is projected to reach 256.73 Million Tons by 2033, exhibiting a growth rate (CAGR) of 6.20% during 2025-2033.
Latest Market Trends:
India is gradually adjusting to infrastructure growth, hydrogen-based reduction, and waste-based supply for green steel making to meet the carbon emission reduction target under the National Steel Policy. The fast-growing electric vehicle market is propelling the demand for high-strength lightweight steel alloys for the production of various vehicle components. The PLI is addressing these issues, with steel production being digitalized with technologies like AI-based roll mill optimization / rolling mill optimization, and the use of IoT-based quality control within the steel production process.
Thus, resulting export growth to ASEAN nations is attributed to trade agreements and demand for varieties of flat steel products due to reorganization of global supply chains. ArcelorMittal Nippon Steel India will produce more advanced grades of automotive steels because automotive production lines produced improvements in 2025. Government programs for example Bharatmala Pariyojana are likely to increase demand for construction-grade products (especially using anti-corrosive properties), enabling eco-innovation, technology, and diversification options under urbanization and industrialization pressures.
Market Scope and Growth Factors:
With growing infrastructure, automobile manufacturing and government initiatives such as 'Aatmanirbhar Bharat' (self-reliant India) to increase domestic production of steel, India's steel market is expected to widen. Demand for structural and long steel products will be driven by urbanization and the Smart Cities Mission. Flat steel, because of its wide use in automobiles and home appliances, has the largest tonnage. This is followed by long steel, used in buildings and construction frames, structural and prestressing products, and welding wires.
Overall, South and North India lead by attracting clusters in industry and mega projects. West and East India emerge as mining and export hubs. Together with the new applications Magnelis and premium alloy for solar PV and electric vehicles, the PLI incentives and ESG focus attract green foreign direct investment (FDI). These in turn create a virtuous cycle of demand and localization of the value chain, driven by policy, urbanization, and technology evolution.
Request Free Sample Report: https://www.imarcgroup.com/india-steel-market/requestsample
Competitor Landscape:
• SAIL
• JSW
• Tata Steel
• AM/NS INDIA
• Jindal Steel & Power Limited
• NMDC Steel Limited
• Rashtriya Ispat Nigam Limited
• Vedanta Limited
• Visa Steel
• Hira Power & Steels Ltd.
Comprehensive Market Report Highlights & Segmentation Analysis:
Type:
• Flat Steel
• Long Steel
Product:
• Structural Steel
• Prestressing Steel
• Bright Steel
• Welding Wire and Rod
• Iron Steel Wire
• Ropes
• Braids
Application:
• Building and Construction
• Electrical Appliances
• Metal Products
• Automotive
• Transportation
• Mechanical Equipment
• Domestic Appliances
Region:
• South India
• North India
• West and Central India
• East India
Ask an analyst: https://www.imarcgroup.com/request?type=report&id=9492&flag=C
Key Highlights of the Report:
• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies
Major Advantages of the Report:
• Provides accurate revenue estimates for the overall market and its key subsegments.
• Enables stakeholders to understand the competitive landscape for strategic positioning and go-to-market strategies.
• Offers comprehensive insights into market dynamics, including drivers, restraints, challenges, and opportunities.
Why Choose IMARC Group:
• Extensive Industry Expertise
• Robust Research Methodology
• Insightful Data-Driven Analysis
• Precise Forecasting Capabilities
• Established Track Record of Success
• Extensive Network Reach
• Tailored Solutions for Client Needs
• Commitment to Strong Client Relationships
• Timely Project Delivery
• Cost-Effective Service Options
Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=9492&flag=E
Note: Customization options are available for specific information not included in the current report.
Explore More Research Reports & Get Your Free Sample Now:
• India Construction Equipment Market: https://www.imarcgroup.com/india-construction-equipment-market/requestsample
• Indonesia Construction Market: https://www.imarcgroup.com/indonesia-construction-market/requestsample
• India Home Improvement Services Market: https://www.imarcgroup.com/india-home-improvement-services-market/requestsample
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
Americas: +1-201971-6302 | Africa and Europe: +44-702-409-7331
IMARC Group is a leading market research company offering management strategy and market research worldwide. We partner with clients across sectors to identify high-value opportunities, address critical challenges, and transform businesses.
IMARC's information products cover major market, scientific, economic, and technological developments for business leaders in pharmaceuticals, industrial, and high-technology sectors. Market forecasts and industry analysis span biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India Steel Market Size, Share, Growth, Demand, Report and Industry Outlook 2025-2033 here
News-ID: 4259261 • Views: …
More Releases from IMARC Group
India Digital Payment Market Size, Share, Growth, Statistics and Industry Analys …
As indicated in the latest market research report published by IMARC Group, titled "India Digital Payment Market Size, Share, Trends and Forecast by Component, Payment Mode, Deployment Type, End Use Industry, and Region, 2025-2033", the report presents a thorough review featuring the market growth, share, trends, and research of the industry.
Market Size & Future Growth Potential:
The India digital payment market size reached USD 5.48 Billion in 2024. The market is…
Egypt Data Center Market Size is Expected to Reach USD 484.78 Million By 2033 | …
Egypt Data Center Market Overview
Market Size in 2024: USD 223.2 Million
Market Size in 2033: USD 484.78 Million
Market Growth Rate 2025-2033: 8.26%
According to IMARC Group's latest research publication, "Egypt Data Center Market Size, Share, Trends and Forecast by Components, Material Used, End User, and Region, 2025-2033", the Egypt data center market size was valued at USD 223.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 484.78…
Mexico E-Mobility Market Size, Growth, Latest Trends and Forecast 2025-2033
IMARC Group has recently released a new research study titled "Mexico E-Mobility Market Size, Share, Trends and Forecast by Product, Voltage, Battery, and Region, 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Mexico E-Mobility Market Overview
The Mexico e-mobility market size reached USD 968.18 Million in 2024. Looking forward, IMARC Group expects the market to reach…
GCC Chocolate Market Report | Industry to Expand at a CAGR of 5.3%
GCC Chocolate Market Overview
Market Growth Rate 2025-2033: 5.3%
According to IMARC Group's latest research publication, "GCC Chocolate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC chocolate market size is projected to exhibit a growth rate (CAGR) of 5.3% during 2025-2033.
How AI is Reshaping the Future of GCC Chocolate Market
● Hyper-Personalized Flavor Recommendations: AI algorithms are transforming consumer experiences in the GCC chocolate market by analyzing purchase history,…
More Releases for India
India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035).
India Smart Air Purifier Market Overview
The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…
