Please Wait.....
Report
Tanzania Steel Ingots Market By Type (Stainless Steel, Mild Steel), By Application (Construction, Automotive & Aerospace, Energy & Power, Infrastructure, Others), By Region, Competition, Forecast and Opportunities, 2020-2030F
Market Report I 2025-03-24 I 88 Pages I TechSci Research
The Tanzania Steel Ingots Market was valued at USD 7.87 Million in 2024 and is expected to reach USD 11.04 Million by 2030 with a CAGR of 5.64% during the forecast period.
The Tanzania Steel Ingots Market is witnessing steady growth, driven by increasing infrastructure development, rising construction activities, and expanding industrialization. Steel ingots, which serve as the raw material for various steel products, are in high demand due to government-led initiatives aimed at improving transportation networks, housing projects, and commercial real estate developments. The Tanzanian government's focus on industrialization, as outlined in its Vision 2025 plan, has further spurred the growth of the steel sector by encouraging investments in local manufacturing and reducing dependency on imports. Additionally, rising urbanization and population growth are fueling the need for steel-based construction materials, positively impacting the steel ingots market.
Key Market Drivers
Rising Infrastructure Development and Construction Activities
Tanzania's rapid urbanization and government-backed infrastructure projects are major drivers of the steel ingots market. The government has allocated significant resources to large-scale infrastructure developments, including the Standard Gauge Railway (SGR) project, which is expected to cost around $10 billion and requires substantial steel components. Similarly, the Bus Rapid Transit (BRT) system in Dar es Salaam is expanding, demanding high volumes of steel for bridges, terminals, and support structures. The Tanzania National Roads Agency (TANROADS) aims to construct and rehabilitate 2,500 km of roads annually, further fueling steel ingot demand. With an urbanization rate of approximately 5.2% per year, Tanzania's need for high-strength steel products continues to grow, solidifying steel ingots as a key raw material in construction.
Key Market Challenges
High Dependence on Imported Raw Materials
One of the primary challenges in the Tanzania steel ingots market is the heavy reliance on imported raw materials, particularly iron ore and steel scrap. Tanzania lacks large-scale iron ore mining and processing facilities, leading steel manufacturers to depend on imports from countries such as China, India, and South Africa. The reliance on external sources exposes the industry to price fluctuations, supply chain disruptions, and increased transportation costs. Global supply chain uncertainties, such as geopolitical tensions and trade restrictions, can significantly impact the availability and pricing of raw materials. Furthermore, import dependency creates a trade imbalance, increasing the overall cost of production for local steel ingot manufacturers. Developing local iron ore mining infrastructure could help mitigate this challenge, but it requires significant investment and policy support.
Key Market Trends
Increasing Demand from Infrastructure and Construction Projects
Tanzania's steel ingots market is experiencing significant growth, largely driven by the expansion of infrastructure and construction projects. Government initiatives such as the Standard Gauge Railway (SGR), major road networks, and urban development projects are fueling the demand for steel-based construction materials. With rapid urbanization and an increasing population, the need for residential and commercial buildings has surged, further boosting the steel ingot market. The government's Vision 2025 industrialization strategy is also playing a key role in strengthening the domestic steel manufacturing sector, reducing reliance on imported steel products. As local and international construction firms continue investing in Tanzania, the steel ingots market is expected to witness sustained growth in the coming years.
Key Market Players
- ArcelorMittal S.A.
- Hesteel Group Company Limited
- Nippon Steel Corporation
- POSCO
- A-C Nigeria Investment and Trading Company
- JFE Steel Corporation
- Tata Steel Group
- Hyundai Steel Company
- Maanshan Iron and Steel Co., Ltd.
- Jindal Steel Power
Report Scope:
In this report, the Tanzania Steel Ingots Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Tanzania Steel Ingots Market, By Type:
o Stainless Steel
o Mild Steel
- Tanzania Steel Ingots Market, By Application:
o Construction
o Automotive & Aerospace
o Energy & Power
o Infrastructure
o Others
- Tanzania Steel Ingots Market, By Region:
o Coastal Zone
o Northern Highland Zone
o Lake Zone
o Central Zone
o Southern Highland Zone
o Southern Zone
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Tanzania Steel Ingots Market.
Available Customizations:
Tanzania Steel Ingots Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customers
5. Tanzania Steel Ingots Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Stainless Steel, Mild Steel)
5.2.2. By Application (Construction, Automotive & Aerospace, Energy & Power, Infrastructure, Others)
5.2.3. By Region (Coastal Zone, Northern Highland Zone, Lake Zone, Central Zone, Southern Highland Zone, Southern Zone)
5.3. By Company (2024)
5.4. Market Map
6. Tanzania Coastal Zone Steel Ingots Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
7. Tanzania Northern Highland Zone Steel Ingots Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
8. Tanzania Lake Zone Steel Ingots Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
9. Tanzania Central Zone Steel Ingots Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
10. Tanzania Southern Highland Zone Steel Ingots Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
11. Tanzania Southern Zone Steel Ingots Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Application
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. Tanzania Economic Profile
16. Company Profiles
16.1. ArcelorMittal S.A.
16.1.1. Business Overview
16.1.2. Key Revenue and Financials (If Available)
16.1.3. Recent Developments
16.1.4. Key Personnel
16.1.5. Key Product/Services
16.1.6. Headquarter Address
16.2. Hesteel Group Company Limited
16.2.1. Business Overview
16.2.2. Key Revenue and Financials (If Available)
16.2.3. Recent Developments
16.2.4. Key Personnel
16.2.5. Key Product/Services
16.2.6. Headquarter Address
16.3. Nippon Steel Corporation
16.3.1. Business Overview
16.3.2. Key Revenue and Financials (If Available)
16.3.3. Recent Developments
16.3.4. Key Personnel
16.3.5. Key Product/Services
16.3.6. Headquarter Address
16.4. POSCO
16.4.1. Business Overview
16.4.2. Key Revenue and Financials (If Available)
16.4.3. Recent Developments
16.4.4. Key Personnel
16.4.5. Key Product/Services
16.4.6. Headquarter Address
16.5. A-C Nigeria Investment and Trading Company
16.5.1. Business Overview
16.5.2. Key Revenue and Financials (If Available)
16.5.3. Recent Developments
16.5.4. Key Personnel
16.5.5. Key Product/Services
16.5.6. Headquarter Address
16.6. JFE Steel Corporation
16.6.1. Business Overview
16.6.2. Key Revenue and Financials (If Available)
16.6.3. Recent Developments
16.6.4. Key Personnel
16.6.5. Key Product/Services
16.6.6. Headquarter Address
16.7. Tata Steel Group
16.7.1. Business Overview
16.7.2. Key Revenue and Financials (If Available)
16.7.3. Recent Developments
16.7.4. Key Personnel
16.7.5. Key Product/Services
16.7.6. Headquarter Address
16.8. Hyundai Steel Company
16.8.1. Business Overview
16.8.2. Key Revenue and Financials (If Available)
16.8.3. Recent Developments
16.8.4. Key Personnel
16.8.5. Key Product/Services
16.8.6. Headquarter Address
16.9. Maanshan Iron and Steel Co., Ltd.
16.9.1. Business Overview
16.9.2. Key Revenue and Financials (If Available)
16.9.3. Recent Developments
16.9.4. Key Personnel
16.9.5. Key Product/Services
16.9.6. Headquarter Address
16.10. Jindal Steel Power
16.10.1. Business Overview
16.10.2. Key Revenue and Financials (If Available)
16.10.3. Recent Developments
16.10.4. Key Personnel
16.10.5. Key Product/Services
16.10.6. Headquarter Address
17. Strategic Recommendations
18. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security