The demand of Spring Steel Strip has been cosistently growing at a pace of 15% per annum since past 5 years. There is huge potential for this item in the near future.
India has become a hub for auto components. Most of the world’s leading auto manufacturers are outsourcing the auto components from Indian Market. As a result, the demand for spring steel strip is growing at a steady pace. In todays scenario, demand is outstripping supply and there is constant shortage of raw materials in these special grades material.
In the near future, Bhushan steel is coming with their integrated steel plant to manufacture Hot Rolled Coils. They have a plan to make the entire range of Spring Steel Strip.