Indian steel sector
The Indian steel industry is going in for a leap frog expansion. Huge consumption growth over the last few years has catalysed expansion plan, .
Indian crude steel output at just 38million tonnes in 2005 is starting from a much lower base, and the economic steel- consuming structure of China is substantially different from India. Nevertheless, India has recently established a long-term goal of raising crude steel production to 100 million tonnes per annum by 2020.
GFMS Metals Consulting of UK in a report on Indian steel industry gives complete statistical coverage of the industry, estimated growth expectations, a base case outlook for each steel product & the industry as a whole with a clear view of risks, an assessment of raw material availability and trends and production, trade and consumption forecasts up to 2011.
The report coverage includes historic production, trade & apparent consumption of carbon steel both long and flat products, raw materials, producers, economic environment, political and other risk factors.
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