Tool Steel Die Steel

Tool Steel Die Steel Market Outlook

The global Tool Steel Die Steel market is projected to reach approximately USD 16.5 billion by 2035, exhibiting a compound annual growth rate (CAGR) of around 5.2% during the forecast period from 2025 to 2035. This growth is driven by increasing demand from various end-use industries such as automotive and aerospace, where precision and durability are critical factors. The rising emphasis on advanced manufacturing processes and the need for robust tooling solutions are also propelling market expansion. Additionally, technological advancements in material science are contributing to the development of high-performance tool steels, enhancing their application scope and performance. The proliferation of electric vehicles and the push for lightweight materials further augment the demand for specialized die steels.

Growth Factor of the Market

The growth factor of the Tool Steel Die Steel market can be attributed to several key trends and developments within the industrial landscape. Firstly, the rise in manufacturing activities across emerging economies has created a substantial demand for high-performance tools, leading to a surge in tool steel consumption. Furthermore, innovations in die manufacturing technology and an increasing focus on automation and precision engineering have also played a significant role in driving market growth. The automotive sector, particularly, is witnessing a shift towards lightweight materials and advanced tooling systems, which is expected to further stimulate demand for specialized die steels. Additionally, the growing trend of sustainability and recycling in various industries is pushing manufacturers to invest in high-quality tool steels that offer longer life cycles and reduced waste. Moreover, strategic collaborations and partnerships among key players are strengthening the supply chain and enhancing market competitiveness.

Key Highlights of the Market

• Projected growth to USD 16.5 billion by 2035 with a CAGR of 5.2%.
• Increasing applications in automotive and aerospace sectors.
• Technological advancements in tooling and manufacturing processes.
• Growing emphasis on sustainability and lifecycle management.
• Strategic collaborations boosting supply chain efficiency.

By Product Type

Cold Work Die Steel:

Cold work die steel is primarily utilized in the production of tools that operate at ambient temperatures. Its exceptional hardness and wear resistance make it ideal for applications involving stamping, punching, and forming operations. The growth of the automotive and manufacturing sectors has significantly increased the demand for cold work die steel. This steel type is characterized by its ability to maintain a sharp edge, which is crucial for producing intricate designs and shapes in various materials. Additionally, advancements in heat treatment processes have enhanced the performance of cold work die steels, making them more reliable for high-volume production runs. As industries continue to prioritize precision and efficiency, the demand for this segment is expected to grow steadily in the coming years.

Hot Work Die Steel:

Hot work die steel is specifically formulated to withstand high temperatures and thermal stresses encountered during the hot forming processes of metals. This type of steel is largely used for die casting, extrusion, and forging applications, where materials are processed at elevated temperatures. The growing demand for lightweight and high-strength materials in the automotive and aerospace industries has led to an increase in the usage of hot work die steels. Manufacturers are continually seeking improved thermal stability and durability in their tooling solutions, driving innovation in this segment. As a result, the hot work die steel market is anticipated to experience significant growth, as more industries adopt advanced manufacturing techniques that require robust tooling capabilities.

Plastic Mold Steel:

Plastic mold steel is designed to produce molds for plastic injection molding applications. This steel type is essential in the manufacturing of a wide variety of plastic products, from consumer goods to automotive components. The increase in the production of plastic items and the rising demand for high-quality finishes are key factors influencing the growth of the plastic mold steel segment. Advances in mold-making technologies and techniques, coupled with the growing trend towards lightweight and energy-efficient products, are propelling the demand for plastic mold steel. Furthermore, manufacturers are increasingly investing in high-performance steels that offer superior machinability, corrosion resistance, and dimensional stability to meet the evolving needs of the plastics industry.

High Speed Steel:

High speed steel (HSS) is renowned for its ability to retain hardness at high temperatures, making it ideal for cutting and drilling applications. It is extensively used for manufacturing tools such as drills, taps, and saw blades. The heightened demand for precision cutting tools across various industries is significantly contributing to the growth of the high speed steel segment. The advent of advanced high-speed machining techniques has furthered the necessity for high performance HSS products. Manufacturers are focusing on developing HSS with enhanced wear resistance and toughness to improve tool life and performance in high-speed applications. As industries strive for efficiency and productivity, the demand for high speed steel is expected to rise, fueled by ongoing innovation and technological advancements.

Others:

This segment encompasses various other types of tool steels, including those specifically tailored for niche applications or specialized tooling needs. The versatility and customization options available in this category allow manufacturers to meet unique requirements across diverse industries. As the demand for specialized tools and unique tooling solutions grows, the 'Others' segment is expected to experience notable growth. This is particularly true in sectors where bespoke tools are necessary to handle specific materials or processes. The increasing adoption of custom tooling solutions tailored to unique manufacturing processes will likely drive demand within this segment, highlighting the importance of innovation and adaptability in the tool steel market.

By Application

Automotive:

The automotive industry is one of the major consumers of tool steel die steel, primarily due to its applications in manufacturing components such as molds, dies, and tooling used in the assembly process. The rising production of vehicles, coupled with the increasing complexity of automotive parts, has driven the demand for high-quality tool steels that can withstand the demanding environments. Additionally, the shift toward electric vehicles has further necessitated the use of advanced tool steels that offer enhanced performance and durability. Manufacturers are increasingly focusing on lightweight designs and energy-efficient production methods, making tool steel an essential resource in automotive manufacturing. As this sector continues to evolve, the demand for specialized die steels is expected to grow significantly.

Aerospace:

The aerospace sector also represents a critical application area for tool steel die steel, particularly due to the stringent requirements for precision and performance in aircraft manufacturing. Tool steels are utilized in the production of components such as dies, molds, and cutting tools, which are essential for fabricating intricate parts. The increasing adoption of advanced materials in aerospace engineering, along with the demand for fuel-efficient and lightweight designs, is propelling the growth of the tool steel market in this sector. Furthermore, with the ongoing advancements in aerospace technology and the expansion of commercial aviation, the need for high-performance tooling solutions is likely to increase, presenting lucrative opportunities for tool steel manufacturers.

Manufacturing:

The manufacturing sector is a significant contributor to the tool steel die steel market, as it encompasses a variety of applications across different industries. Tool steels are widely used in the production of molds, dies, and tooling for processes such as stamping, machining, and forging. As production efficiency and quality become increasingly important, the demand for high-quality tool steels that can enhance the performance of manufacturing equipment is on the rise. The integration of automation and advanced manufacturing technologies is further driving the need for durable and reliable tooling solutions. Consequently, the manufacturing application segment is anticipated to witness robust growth, supported by ongoing technological advancements and the focus on optimizing production processes.

Electronics:

The electronics industry is increasingly turning to tool steel die steel for applications involving the precision tooling required in the production of electronic components and devices. With the rapid advancement of technology and the ever-growing demand for miniaturized electronic products, the necessity for high-precision molds and dies has become paramount. Tool steels provide the durability and precision required to manufacture intricate shapes and components utilized in smartphones, computers, and other electronic devices. Additionally, the trend towards automation in electronics manufacturing is driving the need for reliable tooling solutions that can withstand rigorous production demands. As the electronics sector continues to expand, the tool steel die steel market is poised for significant growth.

Others:

This category includes various applications outside the major sectors such as automotive, aerospace, manufacturing, and electronics. Tool steels are utilized in specialized fields such as medical device manufacturing, construction, and energy production, showcasing their versatility and adaptability. The demand in these niche markets is primarily driven by the need for tailored tooling solutions that meet specific operational challenges and performance standards. As industries continue to innovate and develop new applications for tool steels, the 'Others' segment is expected to play a vital role in contributing to the overall growth of the market. Emerging technologies and evolving manufacturing processes will likely keep this segment dynamic, reinforcing the importance of custom solutions in tool steel applications.

By Distribution Channel

Direct Sales:

Direct sales represent a significant distribution channel in the tool steel die steel market, allowing manufacturers to engage directly with end-users. This approach fosters stronger relationships between suppliers and customers, enabling tailored solutions that meet specific operational needs. Direct sales are especially beneficial in sectors requiring specialized tooling solutions, as they facilitate immediate feedback and collaborative development. Additionally, this channel often provides customers with better pricing and lower lead times, enhancing overall satisfaction. Manufacturers are increasingly focusing on direct sales strategies to improve market share and meet the growing demand for high-performance tool steels in various industries.

Indirect Sales:

Indirect sales play a crucial role in the distribution of tool steel die steel, involving intermediaries such as distributors and retailers. This channel allows manufacturers to reach a broader audience and tap into various markets more effectively. Indirect sales are particularly advantageous for companies looking to expand their geographical presence without significant capital investment in logistics and distribution infrastructure. Distributors often provide added value through services such as inventory management, technical support, and customer education, which can enhance the customer experience. As the market continues to grow, the indirect sales channel is expected to remain an essential component of the tool steel supply chain.

By Ingredient Type

Carbon Tool Steel:

Carbon tool steel is a crucial ingredient type in the tool steel die steel market, known for its high hardness and strength at an affordable cost. This type of steel is commonly used in manufacturing a variety of tools, from simple chisels to complex dies. The growing demand for carbon tool steel is driven by its versatility and the ease with which it can be heat-treated to achieve desired properties. Industries focusing on cost-efficiency while maintaining tool performance are increasingly adopting carbon tool steels for their applications. As sectors such as manufacturing and automotive continue to expand, the demand for carbon tool steel is anticipated to grow steadily, supported by ongoing technological advancements in processing.

Alloy Tool Steel:

Alloy tool steel is another significant ingredient type that incorporates various alloying elements to enhance its mechanical properties. This steel offers superior toughness, wear resistance, and hardenability compared to carbon tool steel, making it suitable for high-performance applications. The increasing complexity of tooling needs across industries such as aerospace and automotive is driving the demand for alloy tool steels, as manufacturers seek materials that can withstand demanding conditions. Additionally, innovations in alloy compositions and processing techniques are enabling the development of specialized alloy steels tailored for specific applications, further boosting their market potential.

High Carbon High Chromium Steel:

High carbon high chromium steel is a premium type of tool steel known for its exceptional wear resistance and hardness. It is widely used in manufacturing dies and cutting tools that operate in harsh environments. The growth of this ingredient type is driven by the increasing requirements for high-performance tools in sectors such as manufacturing and aerospace, where durability and precision are paramount. As industries adopt advanced manufacturing techniques that require more robust tooling, the demand for high carbon high chromium steels is expected to witness significant growth. Innovations in heat treatment and alloying processes are also enhancing the performance capabilities of this steel type, making it a preferred choice for demanding applications.

High Vanadium Steel:

High vanadium steel is recognized for its outstanding wear resistance and toughness, particularly in high-stress and high-temperature applications. This ingredient type is increasingly used in cutting tools and dies that require exceptional performance under challenging conditions. The rising demand for high-performance tooling solutions in industries such as automotive and aerospace is propelling the growth of high vanadium steel. Manufacturers are focusing on developing advanced formulations of high vanadium tool steels that improve their machinability and overall performance, responding to the needs of precision engineering. As industries continue to evolve, the significance of high vanadium steel in the tool steel market is expected to grow.

Others:

The 'Others' category encompasses various ingredient types that do not fall under the conventional classifications of tool steels. This segment includes specialty steels and composite materials designed for specific applications or unique performance requirements. The growing trend of customization in manufacturing processes is driving the demand for these specialized ingredient types, as industries seek to optimize their tooling solutions. As technological advancements enable the development of innovative materials, the 'Others' segment is anticipated to gain traction, contributing to the overall growth of the tool steel die steel market by providing tailored solutions for diverse operational needs.

By Region

The regional analysis of the Tool Steel Die Steel market indicates a strong presence in North America, Europe, and Asia Pacific. North America currently holds a significant market share, driven by the robust automotive and aerospace industries that demand high-quality tooling solutions. The region is projected to maintain its competitive edge, with a CAGR of 5.5% expected during the forecast period, fueled by ongoing technological advancements and an emphasis on precision manufacturing. In Europe, the tool steel market is also experiencing steady growth, supported by the region's strong manufacturing base and increasing investments in research and development. The demand for specialized tooling solutions is anticipated to rise in line with the growing trend towards automation and advanced manufacturing practices.

In Asia Pacific, the Tool Steel Die Steel market is witnessing rapid expansion due to the increasing industrialization and manufacturing activities in countries like China and India. The region is expected to register the highest CAGR of around 6.0% during the forecast period. The burgeoning automotive and electronics sectors are major contributors to this growth, as they drive demand for high-performance tooling solutions. Latin America and the Middle East & Africa are also emerging markets for tool steel die steel, albeit at a slower pace, as these regions gradually develop their manufacturing capabilities. Overall, the regional dynamics of the market highlight the importance of focusing on emerging economies while simultaneously catering to the established markets in North America and Europe.

Opportunities

The Tool Steel Die Steel market is poised to benefit from numerous opportunities arising from advancements in technology and increasing industrial demand. One significant opportunity lies in the growing trend towards eco-friendly and sustainable manufacturing practices. As industries strive to minimize their environmental impact, there is an increasing need for tool steels that not only offer high performance but also align with sustainability goals. Manufacturers that invest in developing environmentally friendly production processes and recyclable materials will likely gain a competitive advantage in the market. Additionally, the rise of additive manufacturing presents a new frontier for tool steels, where innovative applications can expand the market’s scope and create opportunities for custom solutions tailored to specific manufacturing needs.

Moreover, the ongoing development of electric vehicles (EVs) and the integration of advanced materials in automotive design present significant opportunities for the tool steel market. As the automotive industry shifts towards lightweight and high-strength materials, there is an increasing demand for specialized tooling solutions that can accommodate these new materials. Tool steel manufacturers that can adapt to these changes by developing tailored solutions for EV manufacturing processes will be well-positioned for growth. Furthermore, the expansion of industries into emerging economies, particularly in Asia and Latin America, opens up new markets for tool steel die steel, creating opportunities for both established and new players to tap into these growing markets.

Threats

Despite the promising outlook for the Tool Steel Die Steel market, several threats could impact its growth trajectory. One major threat is the volatility in raw material prices, which can significantly affect production costs and profit margins for manufacturers. Fluctuations in the prices of key ingredients, such as iron ore and alloying elements, may prompt manufacturers to either increase prices or absorb costs, potentially leading to decreased competitiveness. Additionally, the tool steel market faces stiff competition from alternative materials, such as carbide and ceramics, which are increasingly being adopted in various applications due to their superior properties. This competition could undermine the market share of traditional tool steels and necessitate innovation and adaptation among manufacturers to retain relevance.

Furthermore, economic uncertainties and geopolitical tensions can pose challenges to the global supply chain of tool steels. Disruptions in trade policies, tariffs, and transportation logistics may hinder the smooth flow of materials and finished products across borders. Manufacturers must remain vigilant and adaptable to navigate these challenges and ensure stability in their operations. Additionally, the rapid pace of technological advancements in manufacturing processes may require continuous investments in research and development to stay competitive, potentially straining resources for smaller players in the market. Therefore, companies must develop strategic approaches to mitigate these risks while capitalizing on growth opportunities.

Competitor Outlook

• Hitachi Metals, Ltd.
• Cold Steel
• Daido Steel Co., Ltd.
• Carpenter Technology Corporation
• Schmolz + Bickenbach AG
• ASSAB Group
• Houghton International Inc.
• Milwaukee Tool
• Severstal
• U.S. Steel Corporation
• Sandvik AB
• Yamato Steel Co., Ltd.
• W. L. Gore & Associates, Inc.
• North American Steel Corporation
• Harsco Corporation

The competitive landscape of the Tool Steel Die Steel market is characterized by a mix of established players and emerging companies, all striving to innovate and capture market share. Major companies are focusing on enhancing their product offerings through research and development efforts, aiming to provide high-performance tool steels that meet the evolving needs of various industries. Strategic mergers and acquisitions are also prevalent, as companies seek to expand their capabilities and enter new markets. Moreover, the emphasis on sustainability and eco-friendly practices is prompting many manufacturers to invest in green technologies and processes, which can further differentiate their offerings in a crowded marketplace.

Hitachi Metals, Ltd. stands out as a key player in the tool steel market, known for its extensive range of high-quality tool steels used in various applications. The company's commitment to innovation and research has enabled it to develop advanced tool steels that cater to the specific needs of industries ranging from automotive to aerospace. Similarly, Carpenter Technology Corporation is recognized for its specialized alloys and tool steels, which are designed to provide superior performance and reliability. The company’s focus on developing cutting-edge materials has positioned it as a leader in the market, appealing to manufacturers seeking high-performance solutions.

Another notable player is ASSAB Group, known for its comprehensive range of tool steel products and exceptional technical support services. The company emphasizes collaboration with customers to deliver tailored solutions, enhancing its competitive position in the market. Additionally, Daido Steel Co., Ltd. continues to expand its global presence, leveraging innovative technologies and manufacturing processes to enhance the quality and performance of its tool steels. As competition intensifies, these companies, along with others in the market, must continuously evolve and adapt to meet the changing demands of their customers while maintaining a focus on performance, quality, and sustainability.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Severstal
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Cold Steel
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Sandvik AB
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 ASSAB Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Milwaukee Tool
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Harsco Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Hitachi Metals, Ltd.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Daido Steel Co., Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 U.S. Steel Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Yamato Steel Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Schmolz + Bickenbach AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Houghton International Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 W. L. Gore & Associates, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Carpenter Technology Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 North American Steel Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Tool Steel Die Steel Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Aerospace
    • 6.1.3 Manufacturing
    • 6.1.4 Electronics
    • 6.1.5 Others
  • 6.2 Tool Steel Die Steel Market, By Product Type
    • 6.2.1 Cold Work Die Steel
    • 6.2.2 Hot Work Die Steel
    • 6.2.3 Plastic Mold Steel
    • 6.2.4 High Speed Steel
    • 6.2.5 Others
  • 6.3 Tool Steel Die Steel Market, By Ingredient Type
    • 6.3.1 Carbon Tool Steel
    • 6.3.2 Alloy Tool Steel
    • 6.3.3 High Carbon High Chromium Steel
    • 6.3.4 High Vanadium Steel
    • 6.3.5 Others
  • 6.4 Tool Steel Die Steel Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Tool Steel Die Steel Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Tool Steel Die Steel market is categorized based on

By Product Type

• Cold Work Die Steel
• Hot Work Die Steel
• Plastic Mold Steel
• High Speed Steel
• Others

By Application

• Automotive
• Aerospace
• Manufacturing
• Electronics
• Others

By Distribution Channel

• Direct Sales
• Indirect Sales

By Ingredient Type

• Carbon Tool Steel
• Alloy Tool Steel
• High Carbon High Chromium Steel
• High Vanadium Steel
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Hitachi Metals, Ltd.
• Cold Steel
• Daido Steel Co., Ltd.
• Carpenter Technology Corporation
• Schmolz + Bickenbach AG
• ASSAB Group
• Houghton International Inc.
• Milwaukee Tool
• Severstal
• U.S. Steel Corporation
• Sandvik AB
• Yamato Steel Co., Ltd.
• W. L. Gore & Associates, Inc.
• North American Steel Corporation
• Harsco Corporation