The Indian Steel Industry Is Poised For Massive Expansion
Posted on: Friday, 10 November 2006, 03:00 CST
Research and Markets (http://www.researchandmarkets.com/reports/c44929) has announced the addition of "Indian Steel Industry: Industry Report" to their offering.
India is the eighth largest producer of crude steel in the world, accounting for 3.37% of the global steel production in 2005. India's finished carbon steel production grew to reach an estimated 42.63mmt in 2005-06; primary producers alone contributed about 38% whereas secondary producers contributed the rest. The Indian steel industry is poised for massive expansion. Dramatic consumption growth over the last few years has stimulated enormous expansion plans, facilitated by a relatively unexploited iron ore raw material base. India is now being hailed as the new China, where crude steel production soared from less than 100m tonnes in 1995 to over 400m tonnes in 2006.
This report focuses on detailed study about the Indian Steel Industry. It discusses basic steel manufacturing processes like Blast Furnace and, Electric arc Furnace, industry value chain with a special reference to major raw material trends and price trends of steel products. Demand & supply dynamics has been discussed along with key growth drivers and Export-Import scenario. It also talks about Issues & challenges of the steel industry, mergers and acquisitions, government policies and regulations. Top 10 Leading Players in steel Industry have been profiled namely Steel Authority of India (SAIL), Tata Steel, ESSAR Steel and JSW Steel in this report and analyzed on the basis of financial and operational performance and compares their Competitive Positioning along with future outlook in the light of increasing trend in investments in the domestic industry.
Companies mentioned:
-- TISCO
-- SAIL
-- RINL
-- JSW Steel Ltd
-- Essar Steel Ltd
-- Bhushan Steel
-- Ispat Industries Ltd
-- Tata Sponge Iron Ltd
-- Sunflag Iron & Steel Company Limited
-- Mukand Limited
For more information visit http://www.researchandmarkets.com/reports/c44929
Source: Business Wire
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