Applications
Segments
Various segments where steel is used in large quantity:-
- Engineering Industries
- Fabrication Industries
- Chemical and pharma Industries
- Buildings and Infrastructure
- Heavy Machinery industries
- Automobile Industries
- Rail tracks.
- Power Plant & Solar Plant
Facts & Figures
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Iron and Steel industry is one of the major industries in India producing around 50 Lacs ton per annum and holding 5% of total market capital.
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In coming few months India will replace US for consumption of Finished goods of steel and will become second top in this category after China.
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Recently India has replaced Japan and became 2Nd top steel producer after China globally.
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Indian steel Industry is growing at the rate of 5.75% in 2018 and it would become more than 6 times of size what it is right now, in 2030.
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