Market Share of Automotive AHSS Industry
The major companies in the automotive Advanced High-Strength Steel (AHSS) market include ArcelorMittal SA, ThyssenKrupp AG, SSAB AB, Kobe Steel Ltd, Tata Steel, and Cleveland-Cliffs Inc. Most of the steel companies are now investing heavily in advanced high-strength steel (AHSS). For instance, in November 2023, Klöckner & Co. announced the acquisition of Industrial Manufacturing Services (IMS) through its subsidiary Kloeckner Metals Corporation. As a result, KMC will significantly strengthen its position within the market and further differentiate its offering from competitors.
Automotive AHSS Market Leaders
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ArcelorMittal SA
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Tata Steel
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ThyssenKrupp AG
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SSAB AB
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Cleveland-Cliffs Inc.
*Disclaimer: Major Players sorted in no particular order
