Significant increase in production & crude oil prices, substantive demand-push cost increases for iron ore, coal & energy affected ail producers to varying degrees

摘要

The Indian steel industry ranks fifth in the world with crude steel production of 55.2 mt in calendar year (CY) 2008. The share of India in global crude steel production has increased from 3% in CY 1998 to 4.1% in CY 2008. The structure of the Indian steel industry comprises of primary producers, secondary producers and small scale stand-alone processors, with an estimated installed capacity of 57 mtpa, comprising main producers (20.7 mtpa), major secondary producers (12mtpa), and others (24.6mtpa). There are an estimated 970 induction furnaces (IFs) working in the country in the secondary sector with the maximum located in Punjab (119 units), Uttar Pradesh (107), Maharashtra (73), Gujarat (62), Orissa (57), and West Bengal (43). There are also an estimated 39 working Electric Arc Furnaces (EAFs) in the secondary sector.