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THE REVIVING INDIAN STEEL INDUSTRY
JUN 2016 | Vol. IV | Issue #12
THE REVIVING INDIAN STEEL INDUSTRY
JUN 2016 | Vol. IV | Issue #12

The Resurgence of Indian Steel Industry
Steel industry in India was de-licensed and de-controlled in 1991 & 1992 respectively. Today, India is the 3rd largest producer of crude steel in the world. In 2015, India's crude steel production was 89.6 million tonnes (mnt), an increase of 2.6% over 2014 while China, Japan and USA's crude steel production in the same year fell by 2.3%, 5% and 10.5% respectively. India was the only country in green in 2015 among the top 10 steel producing nations of the world.

However, India was also among the top 10 importers of the alloy last year, according to the latest data by World Steel Association (WSA).We imported 13.3 mnt of the metal in 2015, which was only a little higher than China, which imported 13.2 mnt of steel during the same period. This is an unsettling thought since the country had to import steel while more than 20% of its capacity remained idle over lack of raw materials and price competition with neighbors like China which dumped a large quantity of finish steel in the last couple of years. India also does not manufacture certain category of special & automotive steel and is largely dependent on imports.

The NDA government that took over the reign in 2014 has taken many a steps to r...Read More

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WHAT IS STEEL 360?

Steel 360 is a premier magazine covering the Iron & Steel sector with a readership of 30,000+ across India. The monthly magazine is well read and recommended by CEOs, COOs, Directors, Purchase/Marketing heads and key decision makers involved in various businesses such as steel making, mining, trading, import/export, consulting, engineering & equipment supply, ancillary products, cement, logistics & chartering, research etc.

EACH ISSUE OF THE MAGAZINE BRINGS TO YOU
Cover Story
A comprehensive study of
a trending topic/issue with
expert views
Data
Get import-export statistics
for 5 products and more as part
of independent articles
Intervistas
Interviews of experienced
industry men and prominent
business heads
Veteran Speaks
Views and comments from
industry veterans
Tech Speaks
Write ups/ Columns from
technology experts with
varied background
Events Calendar
Schedule of latest
iron and steel events
across the world
VALUABLE READERS
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COO - Technical
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Swaminathan Balakrishnan
JGM (Materials)
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Suresh Dingra
AVP - Sales & Marketing
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Somesh Biswas
Head - Long Product Marketing & Sales
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Shiv Kumar Yadav
AGM (HR & Admin)
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Satish Kulkarni
CEO & MD
Lhoist India, Mumbai
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Santosh Nayak
CEO
M.S.N Impex, Bangalore
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Santosh Kumar Debta
Economist
POSCO Research Institute, Gurgaon
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Sandeep Asthana
Managing Director
DCM ENGINEERING, Rupnagar
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Sambeet Das
VP - Marketing & Sales
MSP Steel & Power, Kolkata
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S C Khanna
A.V.P. Cost Engg.
International Tractor, Ludhiana
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Rohit Mittal
President
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Ramesh Agrawal
MD
G R Sponge & Power, Raipur
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Rama Shankar
Group Manager
Mjunction Services, Kolkata
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Rakesh Arora
MD
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Rajesh Gupta
Director
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Radheshyam Agarwal
Managing Director
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R Manohar
Managing Director
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R C Goyal
Chairman
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Pranit A Shinde
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Piyush Lodha
Managing Director
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Managing Director
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Nirmalaya Mukherjee
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Nirmal Agarwal
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Narendra Kothari
CMD
NMDC, Hyderabad
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VP-Sales
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Kolkata
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Manoj Agrawal
Managing Director
Adhunik Metaliks, Kolkata
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Manoj Agrawal
CMD
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Manish Dalmia
Sr. Manager (Commercial)
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M. Natarajan
CEO
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Kunal Mittal
Managing Director
SBM Group of Companies, Guwahati
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Jaydeep Kavadi
Senior Manager
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Manager
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H N Mishra
Head Information Service
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D K Singh
MD and CEO
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Brajesh Sohrot
Dy. President (Procurement & SCM)
Kalpataru, Mumbai
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Bharat Tank
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Avinash Bhandari
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Ashok Jain
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Aditya Malhotra
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Testimonials
Good to see some text on new technologies. It keeps us updated.
Parmanand Agrawal,
The magazine is really very informative. Wish you good luck.
G.S. Khuntia, Director
Excellent and very accurate reporting. Kudos to your market analysts.
S.N. Agrawal, Associate VP (Procurement)
Steel 360 is informative as well as value adding. Your efforts on gathering data are very much appreciable.
Muralidharan Nambiar, Manager, Global Sourcing
Steel 360 is really a good read. The information that you provide is very accurate.
Manas Pradhan,
The magazine has got a very rich content. This is what we were looking for from a long time.
Shailendra Kumar Sinha, Sr. Geologist
There is so much to know about Steel these days. Thank you for consolidating such useful data.
Rambabu Kankani, Broker
Very informative and concise. All the very best.
Ramesh Iyer,
We were waiting for such a magazine on Steel. Look forward to some good read.
Amit Agrawal,
Great read. I wish the Steel 360 team very best.
Harsh Chauradiya,
We think the magazine is very useful. Keep up the good work.
B. Prabhakaran,