| Product Code: ETC424460 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s steel billet import market in 2024 saw a significant presence of top exporting countries such as China, South Korea, UK, Germany, and USA. Despite high concentration with a very high Herfindahl-Hirschman Index (HHI), the market experienced a steep decline with a CAGR of -15.64% from 2020 to 2024. The growth rate plummeted even further by -95.55% from 2023 to 2024, indicating a challenging landscape for steel billet imports into India.

India Steel Billet Market growth is mainly attributed to the demand from the construction and infrastructure industries. The growth of the automotive and manufacturing sectors is further propelling the demand for steel billets in the country. The major focus on the infrastructure development and housing projects, as well as the increasing use of steel in the renewable energy sector is also proliferating the industry. However, competition from imported products, high raw material costs, and a lack of modern technology in production deters the market. Additionally, the stringent environmental regulations and labor laws may also pose a challenge for the market. The steel billet market in India is highly import-dependent and any fluctuation in the exchange rate have a major impact on the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Steel Billet Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Steel Billet Market Revenues & Volume, 2021 & 2028F |
3.3 India Steel Billet Market - Industry Life Cycle |
3.4 India Steel Billet Market - Porter's Five Forces |
3.5 India Steel Billet Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 India Steel Billet Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 India Steel Billet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Steel Billet Market Trends |
6 India Steel Billet Market, By Types |
6.1 India Steel Billet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Steel Billet Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 India Steel Billet Market Revenues & Volume, By Slab Billet, 2018 - 2028F |
6.1.4 India Steel Billet Market Revenues & Volume, By Square Billet, 2018 - 2028F |
6.2 India Steel Billet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Steel Billet Market Revenues & Volume, By Construction, 2018 - 2028F |
6.2.3 India Steel Billet Market Revenues & Volume, By Machinery, 2018 - 2028F |
6.2.4 India Steel Billet Market Revenues & Volume, By Automobile, 2018 - 2028F |
6.2.5 India Steel Billet Market Revenues & Volume, By Others, 2018 - 2028F |
7 India Steel Billet Market Import-Export Trade Statistics |
7.1 India Steel Billet Market Export to Major Countries |
7.2 India Steel Billet Market Imports from Major Countries |
8 India Steel Billet Market Key Performance Indicators |
9 India Steel Billet Market - Opportunity Assessment |
9.1 India Steel Billet Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 India Steel Billet Market Opportunity Assessment, By Application, 2021 & 2028F |
10 India Steel Billet Market - Competitive Landscape |
10.1 India Steel Billet Market Revenue Share, By Companies, 2021 |
10.2 India Steel Billet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |