The future of the global steel industry looks promising due to exceptionally strong growth in emerging economies. Rising global demand, ongoing consolidation in the industry, expectation of another round of reduction or elimination of export rebate on various steel products by China are aiding Indian steel industry poising for massive expansion. JSW Steel stands among the Indian ISP's with its head held high as the fastest growing steel plant in India. The Sajjan Jindal-managed company is aiming to become the largest single site steel plant with 10 million tons (mt) capacity by 2010 - 'ten-on-ten' as they call it. In a booming price scenario, the scope of expanding further is much higher for non-integrated steel entity like JSW than its peers namely Tata Steel and SAIL. Aggressive capacity expansions, better cost control, operating efficiency are some of the strategies that are gearing up JSW to become a forerunner in the industry.
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