Iron & Steel

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Iron & Steel

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Iron & Steel. Trends & Developments in Steel Sector – Indian Scenario. 5th largest producer of crude steel in the world and is expected to become the 2nd largest producer by 2015-16 World's largest producer of direct reduced iron (DRI) or sponge iron - PowerPoint PPT Presentation

Transcript of Iron & Steel

Page 1: Iron & Steel

Iron & Steel

Page 2: Iron & Steel

Trends & Developments in Steel Sector – Indian Scenario

5th largest producer of crude steel in the world and is expected to become the 2nd largest producer by 2015-16

World's largest producer of direct reduced iron (DRI) or sponge iron

Per capita steel consumption is 47 kg against world average 190 kg

Domestic steel consumption at 44.28 million tonne registering an increase of 8.0 per cent ( 2010-11)

222 MoUs have been signed with various States for planned capacity of around 276 million tonne

Investment plans in states like Orissa, Jharkhand, Chhattisgarh, West Bengal, Karnataka, Gujarat and Maharashtra

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Iron & Steel Industry in West Bengal

India’s first Iron & Steel Industry set up at Kulti, Bardhaman in 1870

Proximity to rich iron ore & coal reserves in the neighbouring states of Bihar, Jharkhand, Orissa

Accounts for about 10% of India’s total steel capacity

2 integrated steel plants, 1 alloy steel plant , large numbers of pig iron plants, sponge iron units and secondary steel mills located in the state

10 steel plants ( investment of Rs 109550 crore ) proposed to be set up

Massive expansion plan of existing public sector steel plants

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Iron & Steel Industry in West Bengal

In the period 1991-2010, 494 new Iron and Steel units were set up with a total investment of Rs 24837.13 crore

34 new Iron & Steel Units were set up with investment to the tune of Rs 10714.51 crore in 2010

Production of finished steel increased to 2686 thousand tonnes in 2009-10 from 1994 thousand tonnes in 2007-08

Production of semi finished steel increased to 3099 thousand tonnes in 2009-10 from 1759 thousand tonnes in 2007-08

In the year 2008-09 production of Crude steel - 4124 thousand tonnes Pig Iron – 909 thousand tonnes Sponge Iron – 1490 thousand tonnes

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Products & Services offered. .

Sponge iron and mild steel plants

Iron pipes Cold rolled closed annealed

coil sheets Precision tubes Galvanized sheets High speed steel rolls Forged rolls Metal containers and caps MS plated for ships

Cast Iron Pump Shafts Couplings Plates Street Furniture SS Bars TMT Bars Rails Fly Wheels P&O Sheets Kitchen appliances

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Key Players• Steel Authority of India (SAIL)- Durgapur Steel Plant(DSP)- Alloy Steel Plant- IISCO Steel Plant• Adhunik Corpn. Ltd• Electrosteel Casting Ltd• Gontermann Peipers• Shyam Steel Industries Ltd.• Jai Balaji Industries Limited• JSW Bengal Steel• Bhushan Steel• Vesuvius India Ltd

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