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Steel Wire Manufacturers Association of India (SWMAI)

Steel Wire Manufacturers Association of India (SWMAI)
Steel Wire Manufacturers Association of India (SWMAI) Steel Wire Manufacturers Association of India (SWMAI) Steel Wire Manufacturers Association of India (SWMAI)
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STEEL WIRE INDUSTRY IN INDIA

Established in India in 1920s, Steel Wire Industry has progressed remarkably and has been successful in achieving a wide product range of various types of high carbon, alloy steel and special steel wires, in addition to mild steel wires and versatility has been achieved by the industry for meeting the requirements of numerous consuming sectors. This sophistication has been possible due to continuous and well-planned R & D efforts on part of manufacturers. The result has been that the industry is in a position to manufacture and supply steel wires, both in the domestic and the international markets, in accordance with ASTM, DIN, JIS, BSS etc. in addition to ISS.

Radical Economic Reforms introduced since 1991 aimed at deregulating the productive sectors of the economy for more efficient and faster growth and opening the Indian economy to global competition through liberal trade and investment policies have ushered in far-reaching changes in Industrial, Financial and trading sectors which have added important dimension to the growth of the steel wire industry. As a result, the product range of steel wire manufacturers is being continuously widened. An indicative list of the various types of steel wires and wire products produced in India is given below:

   
bullet Hard Bright Wire
bullet Galvanised Wire
bullet Ball Bearing Wire
bullet Alloy Steel Wire
bullet ACSR Core Wire
bullet Cycle Spoke Wire
bullet Lock Washer Wire
bullet Sectional Wire
bullet Tyre Bead Wire
bullet Umbrella Rib Wire
bullet Spring Steel Wire
bullet Wire Nail
bullet Card & Gill Pin Wire
bullet Piano Wire
bullet Electrode Wire
bullet Stainless Steel Wire
bullet Signal Wire
bullet Cable Armouring Wire
bullet Rivet Wire
bullet Binding Wire
bullet Bolt Wire
bullet Needle Wire
bullet Netting Wire
bullet Barbed Wire
bullet Pre-stressed concrete Wire & Strands
bullet Stitching Wire
bullet Telegraph & Telephone Wire
bullet Upholstery Wire
bullet Weldmesh Wire
bullet Staple and Pin Wire
bullet Panel Pin Wire
bullet Roping Wire
bullet Animal Shoe Nail Wire
bullet Reed Wire
bullet Screw and Nail Wire
bullet Ring Traveller Wire
bullet Cold Heading Quality Wire
bullet Stay Wire
bullet Hair Pin Wire
bullet Heald Wire
 

Technology Upgradation of the Steel Wire Industry in India:

Technology upgradation of the Steel Wire Industry in India has been possible due to sustained efforts on the part of the manufacturers for production of sophisticated categories of Steel Wires. R&D Cells of Steel Wire Manufacturers are doing laudable work in this direction. SWMAI encourages these efforts for continuity of high standard of performance of the industry.

Contemporary Status of the Indian Steel Wire Industry:

The Indian wire industry has been largely driven by the growth of the infrastructure and automobile sector.

During April, 2004 to March, 2005 as per the analysis of the Ministry of Steel, production of steel wires, in various grades, in the organized sector, was approximately 400,000 tonnes.

The following disturbing position emerges from the Steel Ministry Report:

i) Total number of Wire Drawing Units registered with Steel Ministry: 100 with annual capacity of 1,475,750 tonnes.

ii) Out of these registered units, 26 with annual capacity of 502,585 tonnes are working.

iii) Although these 26 working units have achieved capacity utilization of 86 per cent, the closure of 74 registered units in the organized sector, has hardly any impact on supply-demand scenario.

Out of these, it is seen that this industry is growing about 5-7% during last two years. The demand of wires will be expected to increase in leaps and bounds in the years to come. The per capita consumption of wire out of per capita consumption of steel is only 5%. However, if pace of development picks up it may increase to 7 – 8% in the domestic market.

In our Country, if we closely look at the wire demands, almost 88% for wires is in plain carbon steel grades, 5% would be in Stainless Steel and another balance would be in Alloy Steel Wires.

On further analysis, the plain carbon wire revealed that almost 75 to 80% of this is in the form of black/ uncoated wires and only about 20 to 25% is in the Galvanized Wire sector or Copper coated, Bronze coated and other coating materials.

It is for the wire industry to meet the challenges both in the domestic and the world by taking full advantage of their capacities, updating the technology, going for more value added products, reduction in cost and striving for continuous improvement, look for export opportunities with innovation and creativity.

 

Global Scenario of the Steel Wire Industry:

In 2005 the Global wire business has been something like 43 million tons and in terms of Dollars it is US $ 20 billion. This market is also expected to grow to some 54 million tons of wires by 2010 and in Dollar terms it would be something like US $ 25 billion. North America, Europe and South East Asia each account for approximately 25% of the Global demand for the Steel Wires. Coupled with this, we are also growing at 5%. This as I explained to you earlier, is in the infrastructure, the auto sector and the Automobile sector.

Export

A look at the exports of wires, we would find that in the last five years there has been a slow and steady increase of export of wires from our Country. But totally if we look at the exports figures of India it only forms 1% of the Global exports of wire business.

WIRE ROPE INDUSTRY IN INDIA

Indian Wire Rope Manufacturers commenced production in early 1960s in technical collaboration with various foreign manufacturers. Gradually, they became self-reliant in technology and since then, Indian Manufacturers have established and widened their product range for fulfilling the requirements of wire ropes in India and abroad for various applications, some of which are mentioned below:

bullet General Engineering Purpose
bullet Underground Mining Purpose
bullet Surface Mining Purpose
bullet Oil Drilling Ropes
bullet Shipping Ropes
bullet Aerial Ropes
bullet Elevator Ropes
bullet Rotation-resistant Ropes
bullet Rotation-resistant Hyflex Ropes
bullet Bridge Ropes
bullet Stainless Steel Ropes
bullet Spiral Strands
bullet Fishing Ropes
 
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