The Asia Pacific Iron and Steel Slag Market was valued at US$ 14.23 billion in 2024 and is projected to reach US$ 18.76 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period (2024-2030). This growth is driven by rapid infrastructure development, increasing demand for sustainable construction materials, and the expansion of the cement industry across the region.
As construction industries across Asia Pacific embrace circular economy principles, iron and steel slag has emerged as a crucial byproduct with multiple industrial applications. In this blog, we profile the Top 10 Companies in the Asia Pacific Iron and Steel Slag Market – steel producers and processors who are transforming industrial waste into valuable construction materials.
🔟 1. POSCO
Headquarters: Pohang, South Korea
Key Offering: Ground Granulated Blast Furnace Slag (GGBS), Steel Slag Aggregates
POSCO is South Korea’s largest steel producer and a leader in slag processing technologies. The company operates dedicated slag processing facilities that convert steelmaking byproducts into high-value construction materials.
Sustainability Initiatives:
- Advanced slag cooling and grinding technologies
- Closed-loop recycling systems at all production sites
- Research into high-value slag applications
Download FREE Sample Report: Asia Pacific Iron and Steel Slag Market – View in Detailed Research Report
9️⃣ 2. Nippon Steel Corporation
Headquarters: Tokyo, Japan
Key Offering: Blast Furnace Slag, Steelmaking Slag Products
Nippon Steel is Japan’s premier steel manufacturer with extensive expertise in slag processing. The company produces high-quality slag products that meet rigorous Japanese industrial standards.
Sustainability Initiatives:
- 99% material utilization rate from steel production
- Patented slag cooling technologies
8️⃣ 3. Tata Steel
Headquarters: Mumbai, India
Key Offering: Tata Ferrocrete (GGBS), Slag-based Construction Aggregates
Tata Steel is India’s leading integrated steel producer and one of the largest slag suppliers in South Asia. The company has pioneered several innovative applications for steel slag in Indian infrastructure projects.
Sustainability Initiatives:
- Zero waste slag management policy
- Multiple slag grinding units across India
7️⃣ 4. JFE Steel Corporation
Headquarters: Tokyo, Japan
Key Offering: Ecocement, Slag Powder Products
JFE Steel operates one of Asia’s most advanced slag processing systems, with capabilities to produce various grades of slag products for different construction applications.
Sustainability Initiatives:
- Development of carbon-negative slag products
- Advanced quality control systems for slag byproducts
Download FREE Sample Report: Asia Pacific Iron and Steel Slag Market – View in Detailed Research Report
6️⃣ 5. JSW Steel Ltd
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