Arun Kumar Jagatramka Gujarat NRE group · Arun Kumar Jagatramka Gujarat NRE group. Disclaimer The...
Transcript of Arun Kumar Jagatramka Gujarat NRE group · Arun Kumar Jagatramka Gujarat NRE group. Disclaimer The...
Coal Criticality in India's Steel Dreams
Arun Kumar Jagatramka
Gujarat NRE group
Disclaimer
The views expressed here contain information derived
from publicly available sources that have not been
independently verified. No representation or warranty
is made as to the accuracy, completeness or reliability
of the information. Any forward looking information in
this presentation has been prepared on the basis of a
number of assumptions which may prove to be
incorrect. This presentation should not be relied upon
as a recommendation or forecast by Gujarat NRE
These are heady days for steel, as events unprecedented are turning the industry on its
head...
In Europe,
consolidation is the buzz word
and the world's largest is on the roll
In the
United States,
Russians
are now controlling a significant chunk of the manufacturing
capacity.
In China,
the hunger
for capacities
and the sheer scale
of new additions
are showing
no signs of abetting, even after the
Olympics
And in India, the Nation is reading to overtake Japan in terms of steel strength and emerge as the world's second largest producer within the
next decade.
Iron ore from Brazil and India.
Coke & Coal from China and Australia.
Technologies from Europe
and
Capital from around the world are making voyages to newer and newer shores
as the new era of global resurgence dawns, an era
with sinews of steel.
193 new MOU’s already signed
245 million tons
Proposed Investment US $ 120 billion
Capacity in
2020 – about 300 million tons
INDIA – VISION 2020
This will mean a coking coal demand of :
• 150 million tons
• (even if 50 %
• of the production
• is through the
• BF route)
Expected Indian Coke Consumption & Coking Coal Demand Projections
(Conservatively based on additional 50 million tons of steel by 2012 and
further 100 million tons by 2020)
year 2005 2007 2012 2020
Coke
Consumption
21 25 60 120
Coking coal reqd. 28 35 84 170
Indian coal 8 8 9 12
Nett import demand
(equivalent coal)21 27 75 158
(million tons)
Source: Internal Company estimates
And
• Infrastructure
• Power
• Skilled man power
• Capital
• Ports & Railways
• Raw materials
India has everything
• (Or can procure from the global mall in the very short term)
• EXCEPT
• Coking Coal & Coke
China facts• The dragon country had cut
output by 72 per cent to control pollution before the
Games.
• After having staged the best ever and costliest Olympics globally, China is all set to renew its charge in massive and rapid urbanisation of its large and heavily populated
rural areas keeping the demand pressure on
resources to the maximum
•