‘Make in India’ fills alloy steel mills with hope The alloy steel industry is in the midst of depressed demand conditions, aggravated by high imports. However, it is optimistic, taking into account many factors. The government’s recent Stainless Steel Products (Quality Control) Order, 2015 aims to introduce stringent quality norms and rein in rising imports. Initiatives like “Make in India”, Smart Cities, focus on sanitation facilities are likely to benefit the stainless steel Industry. And if steel benefits, then alloy makers can’t be far behind! Steel Insights’ Cover Story explores Cover Story: Apart from imports, remedial measures like anti-dumping duties imposed by Vietnam and the EU and the recent probe by Malaysia into Chinese stainless steel flat products have forced goods from these countries to find a way into India, says N C Mathur, President, Indian Stainless Steel Development Association, in an exclusive interview Interview: The current demand for beneficiated ore is high and this is likely to go up to 100 mt in the next 10 years. But Indian companies lack both knowledge and technology regarding the matter. Beneficiation can help set up steel mills in locations generally not favoured by manufacturers, including the North East and Gujarat, says Sri Krishna Kejriwal, Managing Director, Angarak Resources Feature: Diwali fireworks continue in November auto sales Also watch out for our regular sections on coking coal prices, ferro alloys and corporates
Steel Insights is India's premier and widely read monthly magazine on steel and metallurgical industry published by mjunction services ltd (A JV of Tata Steel and SAIL).It delves into the various facets of the domestic and global steel industry, such as market fundamentals, raw material price trends, price forecasts, upcoming projects, corporate updates and international trade and logistics issues.It also includes an incisive analysis of news on steel and allied industries, as well as expert opinions on relevant topics and interviews of industry stalwarts on a regular basis. Also includes daily news headlines & daily newsletter on Steel Industry