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Steel plays an important role in infrastructure creation and its consumption is a reliable index to measure economic development and social well being. India is the fifth largest global steel producer and is well positioned to become the second largest producer in the near future. The steel industry in India holds considerable optimism, despite the global economic slowdown. This optimism has an important basis. The industry does not rely heavily on exports to the developed world. India’s enormous domestic market can support its growth. The domestic steel consumption in the infrastructure and consumer durables sector is likely to see an upward trend. |
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ms angles, beams, channels, rebars, rail, wire, rounds, h.r.c, c.r.c, plates, flates, billets, blooms, ingots, slabs, scrap |
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ajay singh |
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India |
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