India Steel Industry Report 2H10 released by Emerging Markets Direct

HONG KONG, April 14, 2011 (Press-News.org) Emerging Markets Direct released their latest India Steel Industry Report 2H10. The Indian steel industry has had a tremendous performance in terms of production, capacity utilization, exports, and consumption, which has made India a major competitor in the world. The good performance was helped by deregulation and decentralization of the industry, as well as rising prices, exports, and consumption. According to market analysis, the outlook for the domestic operating environment is positive, driven by robust growth in infrastructure, autos and construction and constrains on additional supply by 2011.

In 2010, India became was fourth largest producer of crude steel in the world rising from eighth position in 2003, and is expected to become the second largest producer of crude steel in the world by 2015. India also maintained its lead position as the world's largest producer of direct reduced iron (DRI) or sponge iron. The Indian steel industry (http://www.emergingmarketsdirect.com/products/India-Steel-Industry.html )is segregated into primary, secondary and stand alone producer. India expanded crude steel production from 51.17 million tonnes per annum (mtpa) in 2005-06 to 72.96 mtpa in 2009-10. Crude steel production grew at 8.4 per cent annually from 46.46 MT in 2005-06 to 64.88 MT in 2009-10. Industry analysts anticipate that capacity in the country is likely to reach 120MT by 2012.

Integrated steel producers account for 67% of the total production, and secondary steel producers account for the balance of India's steel production. India is one of the largest producers of sponge iron in the world with an installed capacity of 9 million tonnes. The industry contributes 1.3% to Indian GDP and accounts for 10% in excise duty collections. India's Tata Iron & Steel Company (TISCO) is one of cheapest producer of steel in world. India's per capita steel consumption is 20 kgs versus 80 kg in China, 405 kg in Malaysia and 925 kg in South Korea. Some of the challenges the industry faces are supply of steel scrap, availability and price of imported coke, high export demand for iron ore, and substitutes for steel gaining strong footholds in the metal market. Apart from market forces, the Indian steel industry uses technology that is outdated in developed nations. The country doesn't have adequate infrastructure facilities to export steel in terms of ports, finance, and availability of continuous power. The relationship between iron ore producers and integrated producers is missing. With the steel policy in force from October 2004 and the current building up of infrastructure facilities, all issues are expected to be addressed in the next few years.

The National Mineral Policy 2006 has targeted the issues relating to transferability of prospecting and mining leases, streamlining criteria for grants of mineral concessions, tranparency in the mine allocation process, land acquisition reforms, and forward looking resettlement and rehabilitation policy guidelines. It is hoped that an early enactment and implementation of the new policy will positively contribute towards achieving India's target of attaining 200 million by 2020.

Despite the various issues, steel companies have performed well in recent years and are expected to perform well in coming years. But industry needs to solve such issues as developing new steel capacity, the conditions of raw material markets, potentially large shifts in steel trade flows, as well as those related to water management, energy, logistics and waste disposal.

The India Steel Industry Report describes the competitive landscape and leading players of the industry. The report provides basic company profile, history, financial highlights, performance data, recent development and SWOT analysis of Tata Steel, Ispat Industries Ltd., JSW Steel Ltd., Rashtriya Ispat Nigam Ltd. (RINL) and Bhushan Power & Steel Ltd.

For more details, please visit our website: http://www.emergingmarketsdirect.com/products/India-Steel-Industry.html

Table of Content
1. Industry Profile 1
1.1 Global Steel Industry Overview 1
1.2 India Steel Industry Overview 6
2. Market Trends and Outlook 28
2.1 Steel Sector Trends 28
2.2 National Steel Policy 30
2.3 Economic Stimulus Measures Initiated by the Government of India 32
2.4 Export Duties on Iron Ore 33
2.5 Orissa 35
2.6 National Research and Development Mission (NRDM) 35
2.7 Industrial Investment Promotion Policy 2005- 2010 35
2.8 Highlights of 2009 - 2010 36
2.9 Major Initiatives Taken by the Ministry of Steel - 2009 Onwards. 36
2.10 Market Outlook 38
3. Leading Players and Comparative Matrix 39
3.1 Leading Players 39
3.1.1 Tata Steel 39
3.1.2 Ispat Industries Limited 58
3.1.3 JSW Steel Ltd 47
3.1.4 Rashtriya Ispat Nigam Ltd 63
3.1.5 Bushan Power & Steel Ltd 67
3.1.6 Steel Authority of India 72
3.2 Comparative Matrix 86
3.3 SWOT Analysis 86
Charts and Tables
Chart 1: World Crude Steel Production and the World Finished Steel Consumption
Chart 2: Classification of Steel Products
Chart 3: Categories/ Types of Steel Products
Chart 4: Types of Steel Productions from 2000 - 2009
Chart 5: Export of Iron & Steel to Major Countries 2009 - 2010
Chart 6: 10 Year Export Trend of Iron and Steel in USD from India 2000 - 2010
Chart 7: Tata Steel Limited - Expansion Projects
Tabel 1: Top 10 Steel Producing Coutries in 2010
Table 2: Production, Consumption, Import and Export of Total Finished Steel and Pig Iron
Table 3: Growth in Finished Steel (Alloy + Carbon)
Table 4: Five Year Crude Steel Production, Capacity and Capacity Utilization
Table 5: Indian Iron & Steel Integarated and secondary Producers Statistics; April- October 2010-11
Table 6: India Crude Steel Production Public vs Private Sector from 2005 - 2010
Table 7: Type of Process Route: Crude Steel in India
Table 8: State-wise Distribution of Main and Major Steel Producer Plants
Table 9: State-wise Distribution of Small / Medium Scale Steel Plants 2009 - 2010
Table 10: Indian DRI Production - Calender 2009
Table 11: Detailed Breakdowns of Signed MoUs, by State
Table 12: Pig Iron and Finished Steel Production 2005 - 2010
Table 13: Foreign Direct Investment in Steel April 2006 - December 2010
Table 14: Tata Steel Limited 7 Year Production Statistics
Table 15: Ispat Industries Limited Installed Capacity and Production of Goods Manufactured /Traded (2006 - 2009)
Table 16: JSW Steel Ltd Crude Steel Production Statistic 2008 - 2010
Table 17: Rashtriya Ispat Nigam Limited Licensed Capacity, Installed Capacity and Actual Production 2009 - 2010
Table 18: Bhushan Power & Steel Ltd Production Statistics 2007 - 2009

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