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
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.
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.
Recently India has replaced Japan and became 2Nd top steel producer after China globally.
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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