Latest Developments in Asia Pacific High Strength Steel Market

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Latest Developments in Asia Pacific High Strength Steel Market

  • Chemical and Materials
  • Oct 2021
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In February 2025, Nippon Steel Corporation (Japan) announced the commencement of operations at its new advanced high-strength steel (AHSS) production line at its Kimitsu Works. This facility will focus on producing dual-phase and complex-phase steels, primarily catering to the growing demand from the automotive and construction sectors across Asia-Pacific.
  • In December 2024, POSCO (South Korea) launched its next-generation Giga Steel product line, designed for electric vehicles and construction applications. This new offering combines high strength with excellent formability, meeting evolving safety and fuel efficiency standards in the region.
  • In October 2024, JFE Steel Corporation (Japan) collaborated with a major Southeast Asian automaker to co-develop TRIP-grade steel components tailored for lightweight chassis applications. The joint development aims to enhance vehicle crash performance while reducing overall body weight.
  • In August 2024, Baoshan Iron & Steel Co., Ltd. (China) expanded its high-strength steel output by upgrading its production facility in Shanghai. This upgrade includes AI-driven process optimization to improve uniformity and strength characteristics in cold-rolled AHSS products.
  • In May 2024, Tata Steel (India) unveiled its new research and development center focused on advanced metallurgy and processing of complex-phase high-strength steels. The center aims to accelerate product innovation for automotive and heavy machinery applications in the Asia-Pacific region.