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The Steel Cord market is a subset of the Iron and Steel industry. Steel cord is a type of steel wire rope used in a variety of applications, such as conveyor belts, elevators, and cranes. It is made up of multiple strands of steel wire, which are twisted together to form a single rope. Steel cord is highly durable and resistant to corrosion, making it an ideal material for use in harsh environments. It is also lightweight and flexible, making it easy to transport and install.
Steel cord is used in a variety of industries, including automotive, construction, mining, and marine. It is also used in the manufacture of tires, as it provides strength and durability to the tire's structure.
Some of the major companies in the Steel Cord market include Bridgestone, Continental, Sumitomo, and Bekaert. Other notable companies include Nippon Steel, ArcelorMittal, and JFE Steel. Show Less Read more