India has the potential to treble crude steel production by 2030 from the present level of roughly 100 million tonnes per annum (mtpa), but that alone will not be sufficient to make it a dominant player in the global market, according to experts.
They were speaking here on Friday at the inaugural of a two-day conference on steel-making organised by the magazine Steel and Metallurgy.
P Raychaudhury, Chairman and Managing Director, Visakhapatnam Steel Plant, said the target of 300 mtpa of crude steel by 2030 is “certainly daunting, but not unattainable”. There should not be any worry about domestic steel demand, as the government had taken up massive infrastructure projects, he added. Read More
Latest posts by The Hindu Businessline (see all)
- No shortage of coal at power plants supplied by NCL: CMD - December 14, 2018
- OMCs to issue more ads for setting up petrol pumps soon - December 13, 2018
- 9 States achieve 100% household electrification under Saubhagya - December 13, 2018