India with vast resources of iron ore, abundantly available low cost skilled manpower and the prospects of a strongly growing steel market provided huge opportunities to invest in the steel industry for new capacity. With a strong technical manpower, a history of steel making and a supportive government, there was no doubt that despite a few well known constraints, India had the chance to outperform her peers in attracting investments into the steel sector from all over the world. Dreams were large.
From a small company producing steel only in thousands of tonnes to global behemoths such as ArcelorMittal, POSCO, SAIL, TATA Steel, Essar Steel, Ispat Industries and JSW Steel doing so in millions of tonnes, all came out strongly to become part of this Indian steel dream. All of them had large Greenfield and Brownfield steel projects to add capacity. If one has to go by their ideas, the Indian steel capacity should touch 400 million tonnes by 2021.
But, the reality has been different. All of them have faced some common hurdles which are well known. Concurrently, each one of them has been hit by specific problems. The current status of the projects is not as encouraging as the dreams have been.
Where do the steel projects stand today?
This report analyses the context each significant producer is placed in and identifies their core problems. It makes an objective assessment of the strength and weakness of each of the major projects, when they are expected to be completed and at what cost.
It also takes a macro view of the emerging steel supply scenario till 2021.
This 115 page report with 35 tables, 12 charts, a number of annexure, three maps and an appendix looks at the steel industry’s future in India from a strategic point of view to guide the investors in the industry, capital goods industry, steel traders, raw materials suppliers and the policy makers in the government in their own individual planning for the future.
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Report summary: Updated January 2009 Edition
Price: INR 50000 or USD 1000
No of Pages: 115
Format: PDF file
Delivery: By E mail
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