Steel Insights


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Steel Minister Narendra Singh Tomar said the vision to take steel production to 300 mt cannot be realised without the participation of secondary players. But, these mills are struggling to stay afloat in the face of dumping. On the other hand, Finance Minister Arun Jaitley recently said Indian steel-makers, particularly the secondary ones, will have to become competitive and hand-holding can be done up to a point. Special Feature focuses on how Goa, Indias top iron ore exporting state, resumed production after three years and could hit its court-set annual limit of 20 mt this fiscal itself. The government’s Smart Cities Mission, AMRUT and Housing for All by 2022 agendas would, in all probability, dovetail and translate into huge steel demand. Will this rejuvenate the moribund domestic steel industry Interview features Shubhranshu Pani, MD – Infrastructure Services, JLL India. Also watch out for our regular sections on coking coal prices, ferro alloys and corporates.