Automotive AHSS Market Share

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

1. ArcelorMittal SA

2. Tata Steel

3. ThyssenKrupp AG

4. SSAB AB

5. Cleveland-Cliffs Inc.

*Disclaimer: Major Players sorted in no particular order