Steel

India has become the world's fourth-largest producer of crude steel.

Steel Industry in India

Latest update: January, 2014

Market Size

In 2011, the Indian steel sector’s total market value was US$ 57.8 billion.

Market Size

Consumption

Infrastructure is India’s largest steel consumer, accounting for 63 per cent of total consumption in FY11.

Consumption

Market Value

India’s metals and mining industry recorded a strong 19.8 per cent expansion in 2011 to touch US$ 141.9 billion.

Market Value

Production

India is the world’s fourth-largest producer of coal and has the fifth-largest reserves globally.

Production

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Last Updated: April 09, 2014

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Updated: January, 2014

SECTORAL REPORT | March, 2014

METALS AND MINING SECTOR REPORT | March, 2014

Introduction

India is currently the fourth largest producer of crude steel in the world and is expected to become the second largest in the near future. The total market value of the Indian steel sector stood at US$ 57.8 billion in 2011 and is predicted to touch US$ 95.3 billion by 2016. The sector contributes to nearly 2 per cent of the gross domestic product (GDP) and employs over 500,000 people.

Being a core se...

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Brand India Pharma

PROVEN METTLE IN STEEL

India is tyhe world's largest producer of crude steel, and is currently doubling its production capacity.

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Brand India Pharma

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