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Indian Steel Industry Outlook to 2012
India is a reputed name in the world steel industry. The country's steel industry is catching up the pace and luring the steel majors from all over the world. The industry has gained strength from the strong Indian economy, and strong sectors like infrastructure, construction and automobile. Although India consumes less steel as compared to other Asian countries, it was ranked the fifth major crude steel producer in the world in 2008. Thus, the country offers vast scope for the steel industry in future.
However, the current market turmoil has dented the growth curve of various industries such as construction, which, in turn, has hit the Indian steel industry hard. But with the government's plans to boost up the economy by injecting funds in various industries like infrastructure, construction, automobile and power, the near-term future is expected to see growth, says the 'Indian Steel Industry Outlook to 2012' report.
'Indian Steel Industry Outlook to 2012' gives a detailed analysis of the forces which have shaped the Indian steel industry over the past years. This report highlights the investment scenario of steel consuming industries, including automotive, consumer durables, aerospace and marine, power, telecom and railways.
It has broadly classified the finished steel product market into two categories - alloy and non-alloy. It also covers the information on industry-wise steel demand, overall steel consumption, production and trading market. Apart from this, it provides four-year industry forecast (FY 2010 to FY 2012) on the following segments:
- Finished steel consumption
- Non-alloy steel products demand
- Per capita finished steel consumption
- Import of steel products
- Stainless steel production and consumption
Publisher: RNCOS |
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