The demand for galvanized steel in Southeast Asia is on the rise, thanks to the massive infrastructural development activities taking place in the region due to its growing economic influence and strategic geographic location which serves as a gateway for trade between the U.S. and European Union in the West and countries of Asia-Pacific region in the East.
Southeast Asia galvanized steel market is expected to reach $17.5 billion by 2025, growing at a CAGR of 8.5% during the forecast period (2019 to 2025).
Here are the Top 10 Companies in Southeast Asia Galvanized Steel :
Essar Steel India Limited
Founded in 1976 and headquartered in Mumbai, India; Essar Steel India Limited, along with its subsidiaries, manufactures and distributes various products like hot rolled steel; cold rolled steel; galvanized steel; plates; pipes; and color coated steel worldwide. The company provides its products to various industries which include automobile, white goods, and building & construction. Essar Steel India Limited operates its Southeast Asia business through its subsidiary PT Essar Indonesia. The company offers cold rolled soft products, hard products, and galvanized products along with the services. As of 2015, PT Essar Indonesia is having installed rolling capacity of 400,000 MT per annum including 150,000 MT per annum of galvanized products and 100,000 MT per annum of cold rolled (CR) Soft products.
The company has a strong geographical presence in the Middle East, Southeast Asia, Canada, UAE, the U.S., and the Netherlands.
Nippon Steel Corporation
Founded in 1970 and headquartered in Tokyo, Japan; Nippon Steel Corporation manufacture steel products like steel plates, galvanized steel sheets, structural steel, pipes and tubes for various industries, such as automotive, shipbuilding, building & construction, and white goods industry. The company operates through five reportable business segments namely, Steel Making and Steel Fabrication, Engineering & Constructions, Chemicals, New Materials, and System Solutions. NIPPON Steel Corporation operates its Southeast Asia business through various subsidiaries such as NIPPON STEEL SOUTHEAST ASIA PTE.LTD, PT. NIPPON STEEL INDONESIA, NIPPON STEEL (THAILAND) CO.LTD, and NIPPON STEEL VIETNAM COMPANY LIMITED.
The company has a geographic presence in Japan, the Middle East, Asia, Southeast Asia, North America, South America, and Europe.
Founded in 1968 and headquartered in Pohang-si, South Korea; POSCO operates through four reportable segments: Steel, construction, trading, and others. POSCO manufactures a range of steel products which include hot rolled steel, cold-rolled steel, steel plates, galvanized steel, electrical galvanized steel, stainless steel, and wire rods. The company is a major supplier of galvanized steel to industries such as shipbuilding, automotive, white goods, and building &construction. The company operates its Southeast Asia business through its subsidiaries including PT. KRAKATAU POSCO, POSCO-Vietnam, POSCO-Malaysia, POSCO-Thainox, and Myanmar POSCO Steel.
The company has a strong geographical presence in North America, Asia, Europe, Africa, Southeast Asia, and Oceania.
JFE Holdings, Inc.
Established in 2002 and headquartered in Tokyo, Japan; JFE Holdings, Inc. operates through three reportable segments: JFE steel, JFE engineering, and JFE trading. JFE Steel Corporation, a subsidiary of JFE Holdings, Inc., manufactures and distributes various steel products like steel sheets, steel bars, wire rods, pipes & tubes, and galvanized steel for catering the demand of steel in various industries like Shipbuilding, Automotive, Building & Construction, Furniture, and Office Equipment. The company operates its Southeast Asia business through its subsidiaries such as JFE Meranti (Myanmar), JFE Steel Galvanizing (Thailand), and PT. JFE steel Galvanizing (Indonesia).
The company has a strong geographical presence in Asia-Pacific, Southeast Asia, Europe, South America, and Middle-East.
JTL Infra Limited
Founded in 1991 and headquartered in Chandigarh, India; JTL Infra Limited manufacture a range of galvanized steel products for various automotive, industrial applications, structural and general engineering purposes.
The company has widespread of customer base all over the globe with some of the major buyers in Southeast Asia, Middle East, Africa, South America, and Europe.
A report into the projected growth of the current Southeast Asia Galvanized Steel Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2025, it’s expected to have grown at a CAGR of 8.5%, reaching over $ 17.5 billion.
NS BlueScope Steel Limited
Founded in 1885 and headquartered in Melbourne, Australia; NS BlueScope Steel Limited manufactures steel products such as COLORBOND, ZINCALUME steels, LYSAGHT steel building products, Butler and Varco Pruden engineered building solutions for building & construction, infrastructure, and industrial applications. The company operates its Southeast Asia business through its subsidiaries such as NS BlueScope Lysaght Malaysia Sdn. Bhd, NS BlueScope (Thailand) Limited, and NS BlueScope Indonesia.
The company has a strong geographical presence in Asia, Southeast Asia, North America, New Zealand, and Australia
Hoa Sen Steel Limited
Founded in the year 2001 and headquartered in Binh Duong Province, Vietnam; Hoa Sen Steel limited produces various steel products like galvanized steel sheets, Aluminum-zinc coated steel sheets, steel pipes etc. for manufacturing and construction industries. Some of the major industries to whom Hoa Sen Steel supplies steel products are automobile and Construction & Building.
The company has strong presence in Southeast Asia with major clients in Australia, North America, Russia, Europe, Middle East, and Russia.
Hoa Phat Group
Founded in 1992 and headquartered in Hung Yen Province, Vietnam; Hoa Phat Group produces steel products such as hot dipped galvanized steel sheets, roofing steel, steel pipes etc. for building and construction, industrial equipment, furniture, and white goods industry.
The company operates only in Vietnam.
Dongkuk Steel Mill Co. Ltd
Founded in 1954 and headquartered in Seoul, South Korea; Dongkuk Steel Mill Co. Ltd produces steel products such as steel plates, reinforcing bars, galvanized steel sheets, and pre-coated metals for Building & Construction, automotive, industrial machineries, white goods, and ship-building industry. The company operates its Southeast Asia business through its subsidiary DONGKUK Steel (Thailand) ltd.
The company is having a geographical presence in Japan, China, Thailand, the U.S. Mexico, and Brazil.
Chinh Dai Industrial Co. Ltd.
Founded in the year 2000 and headquartered in Hung Yen, Vietnam; Chinh Dai industrial Co. Ltd is a manufacturer of galvanized steel rolls, galvanized steel pipes and galvanized steel brackets in Vietnam. They export steel products into countries like Australia, India, the U.S. Laos, and Myanmar. Major industries to whom Chinh Dai Industries supplies steel are Building and Construction, Automotive, and White goods.
The company has a major presence in Southeast Asia, Australia, the U.S. and India.
Popular Mention: FiW Steel Sdn. Bhd., and GALVACO Industries Sdn. Bhd..
Authoritative Research on the Southeast Asia Galvanized Steel Market – Global Opportunity Analysis and Industry Forecast (2019-2025)
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