HT (High Tensile Wire) Manufacturing Industry

HT (High Tensile Wire) Manufacturing Industry

 

HT (High Tensile Wire) Manufacturing Industry. Production of High Tensile Steel Wire for Prestressed Concrete Poles and Railway Sleepers

High tensile wire is galvanized and used for security usage or together used with vineyard for plant support. They are presented in low relaxation and high relaxation. High tensile wires are those which can withstand great strain without breaking or becoming deformed.

High tensile wire is made with higher carbon steel. The increased carbon content increases the wire’s strength and elongation. As the carbon percentage content rises, steel has the ability to become harder and stronger through heat treating; however, it becomes less ductile. Regardless of the heat treatment, a higher carbon content reduces weldability. In carbon steels wire, the higher carbon content lowers the melting point.

It is extensively used for encouragement in many different types industries. The Wire is used in the Electricity Poles, Railway Sleepers, Hume Pipes, Bridge Constructions, Silos, Buildings, Dams, Atomic Reactors, Airport, Hanger Runways, Slid Slab, Girders and many other users.

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Market Outlook

It is highly famous in the market due to its high quality and hassle free range, at very low prices. The Indian steel wire industry has an annual capacity of 2.5 million tonnes (value: Rs 8,000 crore) approximately. About 70% of the total production comes from the organised producers and the remainder is from the unorganised sector.

Steel Wires

Demand : Past and Future
Year (In Million Metric Tonne)
1990-91 0.85
2000-01 1.62
2001-02 1.73
2002-03 1.82
2003-04 1.94
2004-05 2.06
2005-06 2.19
2006-07 2.33
2007-08 2.49
2008-09 2.65
2009-10 2.83
2010-11 3.02
2011-12 3.21
2012-13 3.40
2013-14 3.60
2014-15 3.80
2015-16 4.00
2016-17 4.25
2017-18 4.45
2018-19 4.75
2019-20 5.03
2024-25 6.50

 

The global market for Steel Wire is projected to exceed US$29 billion metric tons by 2024, driven by stable economic conditions across the world, leading to widespread demand creation across emerging as well as developed markets.

Produced from wire rods, a finished long steel product, steel wires find their use in several end-use application areas. Construction, machinery and automotive markets especially present significant opportunities for use of steel wires in a range of application areas. For instance, in the building construction sector, steel wires are used for fencing, anchorage, balustrading, and binding among other major applications.

Steel wires are also used in a range of infrastructure constructions such as suspension bridges, which are hung using steel ropes spun with thousands of steel wires together. Steel wires also find use for general engineering applications in machinery and heavy equipment. In automotive market, steel wires are used for reinforcing tires to add to their strength and durability required for modern day driving requirements. Agriculture land fencing is also made by steel wires. Besides, the steel wire industry is engaged in the production of a wide range of products such as steel cords used in reinforcing hoses. Wires are also used in manufacturing saw wire, which are employed in the slicing of silicon wafers.

The construction sector is one of the most prominent end-use markets for steel wires globally. The construction sector typically uses steel wires not only in its primary wire form but also has wide ranging application for derived products such as wire mesh, strands and wire ropes and regularly uses it for imparting structural strength to concrete structures.

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