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2025-08-12
India is one of the fastest-growing consumers of steel products, with steel coils playing a central role in industries such as automotive, construction, shipbuilding, and manufacturing. In 2024, India imported an estimated 1.65 million tons of steel coils, valued at USD 1.4 billion, marking a 6.8% year-on-year growth. Tendata helps you find steel coils in India.
While India is also a major steel producer, certain high-grade and specialty steel coils—such as stainless, galvanized, and pre-painted coils—are sourced from global suppliers, primarily in Japan, South Korea, China, and Vietnam.
How to Connect with Steel Coil Buyers in India
Trade Data Platforms – Use tools like Tendata, Panjiva, ImportGenius to track recent shipments and verify buyer credibility.
Industry Trade Fairs – Attend events such as India Steel Expo and Metal & Metallurgy Expo for in-person networking.
LinkedIn Outreach – Search for “Procurement Manager” or “Sourcing Head” at major Indian steel companies.
Partner with Local Distributors – Many buyers prefer importing through established distribution networks.
Top Steel Coil Buyers in India (Partial List)
Below is a verified list of active steel coil buyers in India, based on customs shipment records and industry directories:
Tata Steel Processing and Distribution Ltd. – Major buyer of galvanized and cold-rolled coils for domestic distribution.
JSW Steel Coated Products Ltd. – Purchases high-quality coated steel coils for automotive and roofing sectors.
Essar Steel India Ltd. – Imports hot-rolled and pre-painted steel coils for infrastructure projects.
Bhushan Steel Ltd. – Acquires specialty stainless steel coils for industrial applications.
Steel Authority of India Ltd. (SAIL) – Buys premium-grade coils for defense and railway projects.
POSCO India Pvt. Ltd. – Sources high-tensile steel coils from South Korea.
Larsen & Toubro Ltd. – Purchases custom-sized coils for engineering and construction projects.
Mahindra & Mahindra Ltd. – Imports automotive-grade steel coils for vehicle manufacturing.
>>>> Contact Steel Coil Buyers in India <<<<
Major Supplier Countries in 2024:
South Korea – 32% share, known for automotive-grade steel.
Japan – 27%, specializes in high-strength cold-rolled coils.
China – 22%, competitive on pricing for galvanized coils.
Vietnam & Taiwan – Niche suppliers for coated coils.
Pricing Trends: The average import price in 2024 was around USD 850–950/ton, slightly higher than 2023 due to rising global iron ore costs.
Demand Drivers:
Expansion of EV manufacturing plants in India.
Government infrastructure push through Gati Shakti master plan.
Surge in pre-engineered building projects.
Industry News & Developments
Auto Industry Steel Demand Surge – With India’s passenger vehicle sales hitting record highs in 2024, demand for automotive-grade steel coils has increased by 9%.
Tariff Policy Updates – India is considering anti-dumping duties on certain Chinese steel products to protect local manufacturers.
Green Steel Initiatives – Major buyers like Tata Steel are exploring low-carbon steel coil imports to meet ESG targets.
Port Expansion for Steel Imports – The JNPT and Kandla ports are expanding handling capacity for bulk steel shipments.
Opportunities for Exporters
If you are a steel coil supplier, India presents strong opportunities in specialty and high-grade steel segments. Buyers often look for:
Cold-rolled coils with tight dimensional tolerances.
Hot-dip galvanized coils for roofing and construction.
Pre-painted coils for aesthetic applications.
High-tensile automotive coils meeting OEM standards.
Pro Tip for Exporters: Use HS Code 721049 (Flat-rolled products of iron or non-alloy steel) and HS Code 722530 (Flat-rolled products of alloy steel) when searching Indian import data to identify active buyers.
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