Galvanized Steel Sheet Price Trend Analysis, Historical Chart and Forecast Analysis

Galvanized Steel Sheet is a zinc-coated sheet which is used to protect the steel product from rust and corrosion. These sheets are mainly used for construction and are cheaper with anti-rust properties. The steel sheet is produced through the galvanising process, such as electro-galvanising, metallic spraying, hop-dipping, cold galvanisation, sherardising, and painting.

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The end product has various properties, such as being corrosion resistant, having a shiny and smooth finish, inexpensive, and having a silver-white finish. It does not demand too much maintenance as well.

Key Details About the Galvanized Steel Sheet Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Galvanized Steel Sheet price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The galvanized steel sheet price chart, including India Galvanized Steel Sheet price, USA Galvanized Steel Sheet price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Galvanized Steel Sheet Price Trend:

The Galvanized Steel Sheet industry is witnessing rapid development due to the diverse applications of the product in many downstream industries like construction, automobiles, and electrical appliances. In the construction sector, it helps produce various products like roof and wall ornaments, pipes, door and window hoods, decorative formed shingles and pantiles etc. In the automotive industry, it is used for making parts of vehicles like bottom plates, highway fences, outer shells, inner panels, bicycle frames, containers, ship bulkheads, and agricultural machinery, among others. In addition to these applications, it is also used for making furniture products such as shells and back panels of commodities like tables, microwave ovens, refrigerators, air conditioners, washing machines, water heaters, wardrobes, file and bedside cabinets, chimneys, kitchen utensils, bookshelf etc.

Key Players:

• JSW Steel Coated Products Limited
• Agrasen Ispat (P) Ltd
• Shandong Hengze New Material Group Co.,Ltd
• Nippon Steel Corporation
• Gupta Iron & Steel Co

News & Recent Development

• 13 June 2023- As per a European Steel Association (Eurofer) report, the European Union's steel consumption will likely recover by 2024 by 5.4%.

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Galvanized Steel Sheet Production Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Galvanized Steel Sheet Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Galvanized Steel Sheet.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Galvanized Steel Sheet production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Galvanized Steel Sheet Production Process:

1.Galvanized Steel Sheet Production Cost  Via hot dip galvanizing method: This report presents the detailed production methodology and cost analysis of galvanized Steel Sheet industrial production across galvanized Steel Sheet manufacturing plants. In this process, grease and dirt are removed from the steel's surface by dipping it into an alkaline cleaning solution. Next, the steel sheet is pickled by dipping it into an acid bath and rinsing any remaining residue. Then, the sheet is dipped into a zinc ammonium chloride flux solution. After fluxing, the steel is dipped into a zinc bath containing molten zinc and cooled to create the galvanized steel.

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Product Definition:

Galvanized steel sheet is obtained by providing a layer of zinc on the steel, coating the overall outer surface of the sheet. This zinc coating increases the life of the sheet, making it resistant to corrosion. These sheets are often produced using the hot-dip method, which involves dipping the sheet into zinc, which improves the property of steel in terms of durability, strength, and formability. It has a wide range of applications in several industries, such as agriculture, construction, solar, automobile, and so on. It requires a low initial cost as it is available at low prices. Moreover, it does not require maintenance due to the zinc coating, which makes it one of the most cost-effective products.

Market Drivers:

Galvanized steel sheet contains a zinc coating, making it resistant to corrosion, increasing its durability and long-lasting. Due to this, it is one of the most versatile products and is used for purposes such as making bodies of automobiles, solar panels, roofs, nuts, bolts, etc. It plays a vital role in the production of green energy, such as in solar and wind power plants, as it is more durable, which is beneficial in obtaining continuous workflow. In automotive industries, it is used to manufacture the outer shell, inner panels, and lower parts of the vehicles such as cars, trucks, etc. Moreover, it has a wide range of applications in the telecommunication and construction industries for manufacturing panels, fences, pipes, rails, and many more products. The versatility of galvanized steel sheets drives market growth, increasing its demand worldwide.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

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