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VOL VII ISSUE 01 JULY 2019
The government has padded up for its second innings. The goal of a USD 5-trillion economy by 2024 has been set. Industry players are convinced steel will play an important role in achieving this target. But, it is also time for some stock-taking. We take a 360-degree look at what the steel industry wants from the government and why, the policy gaps to be plugged and also the areas in which the administration scored in its first tenure. To read our cover story, turn to pg. 38.
Edwin Basson, worldsteel's Director General, minces no words in saying a market-oriented approach should ensure survival of the fittest and inefficient producers should not be subsidised to remain in operation. Importantly, he says, India will emerge “foremost” in the second league of big players. The full interview is on pg. 20.
Steel360 digs deep into the iron ore mining crisis in Goa, where this once booming industry had received its first jolt in 2010 with the commissioning of the M.B. Shah enquiry panel on illegal mining. Several legal wrangles later, mining is still suspended following the Supreme Court's directive. We explore the twists and turns on pg. 52.
This issue onwards, we introduce a new section, 'People' where we get up, close and personal with personalities across the steel spectrum. In this edition, meet the dynamic Sanjay Jain, President, RISTA, on pg. 26.
We also notice three important steel batons were passed on in the last one year, and that eight companies retain WSA's top producer ranking for three years in a row. Plus, we focus on a lot more!
Enjoy the read!
Find your answers in Steel 360's July edition
*Steel 360 is a monthly magazine for Iron and Steel industry professionals. Each issue comes up with an exclusive Cover Story and insightful articles from the Industry.