India Direct Reduced Iron Market - Forecast(2023 - 2028)
The India Direct Reduced Iron Market research report is an infographic report covering supply, demand and trade statistics for Direct Reduced Iron, both in volume and value. This report looks at the industry state between 2016-2021 and the forecast till 2027. The report also covers companies, trade pricing, patents, university-level research future growth opportunities and M&A analysis.
Detailed Scope of the Report
1. The Production, Import Export/Trade statistics for Direct Reduced Iron between 2016-2021.
2. Historical demand for Direct Reduced Iron from 2016-2021 and forecast to 2027.
3. Comprehensive list of companies and revenue for 25+ top companies.
4. Assessment of relevant Mergers and Acquisitions.
5. Investment, projects, and R&D initiatives done between 2016 and 2021.
6. Patenting scenario covering patents filed, published, and granted between 2016-2021.
7. Research framework based on the assessment of 7 Pillars - Supply, Demand, Trade, Companies, Patents, and Macro-environment factors.
Company Snapshot: The top companies are Essar Steel India Ltd., Jindal Steel and Power Ltd., JSW Ispat Special Products Ltd., Tata Steel Long Products Ltd. and Godawari Power & Ispat Ltd.
Key Takeaways & Recent Developments
A. The production volume of Direct Reduced Iron in 2021 stood at 39 MMT.
B. Import volume increased from 0.02 MMT in 2016 to 0.05 MMT in 2021.
C. The demand was 38 MMT in 2021.
D. South Africa Exported more than 71% of Direct Reduced Iron to India in 2021.
E. On 31st January 2022 Tata Steel Limited (‘Tata Steel’) announces that Tata Steel Long Products Limited, a subsidiary of Tata Steel has been announced as the winner of the bidding process to acquire a 93.71% stake in the 1 million ton per annum Neelachal Ispat Nigam Limited (‘NINL’) in accordance with the process being run by Department of Disinvestment & Public Asset Management (‘DIPAM’), Government of India.
F. India has 5500 million Metric tons Iron Ore reserves as of 2021.
FAQs (Frequently Asked Questions):
a) What was India’s Direct Reduced Iron market size in 2021?
Ans: The demand was 38 MMT in 2021.
b) Where does India Import Direct Reduced Iron from?
Ans: The majority of imports come from South Africa, Egypt, Islamic Republic of Iran, Singapore and United Arab Emirates.
c) What are the top companies in Direct Reduced Iron market?
Ans: Essar Steel India Ltd., Jindal Steel and Power Ltd., JSW Ispat Special Products Ltd., Tata Steel Long Products Ltd. and Godawari Power & Ispat Ltd. are the top companies in the Direct Reduced Iron market.
d) Which are the major local universities/ research institutes involved in R&D?
Ans: Shivaji University, Banaras Hindu University and B. S. Abdur Rahman University are actively involved in R&D.
1. India Direct Reduced Iron Market Overview
1.1. Scope and Taxonomy
1.2. Research Methodology
1.3. Executive Summary (Value and Volume)
1.4. YoY Growth Rate
2. India Direct Reduced Iron Market Analysis
2.1. Value Chain and Supply Chain
2.2. PESTEL Analysis
2.3. Porter’s Five Forces
2.4. Top Trends
2.5. Drivers & Restraints
2.6. Challenges & Opportunities
3. India Direct Reduced Iron Market Landscape
3.1. Production Data
3.2. Import Export Data
3.3. Trade Pricing Analysis
3.4. YOY Growth Rate and CAGR Forecast
3.5. Historical Market Size (Value and Volume)
3.6. Market Size Forecast and Industry Outlook
3.7. Investments and Market Growth Opportunities
4. India Direct Reduced Iron Market Entropy
4.1. M&A
4.2. Investments and R&D
4.3. Market Growth Opportunities
4.4. Covid-19 Impact Analysis
5. Competitive Landscape
5.1. Essar Steel India Ltd.
5.2. Jindal Steel and Power Ltd.
5.3. JSW Ispat Special Products Ltd.
5.4. Tata Steel Long Products Ltd.
5.5. Godawari Power & Ispat Ltd.
6. Institutional Research Projects
7. Patent Research (2016-2021)
8. Supporting Statistics
9. Data Sources
10. Disclaimer