Monthly Archives : November 2017

An overview of the Indian steel industry


The country is the third largest manufacturer of Steel but is far behind China, which is the largest manufacturer of Steel. The Indian steel industry is currently in new development stage, following the de-regulation that we have seen recently, and is going up and high due to the resurgent economy and increased demand for steel. The population of our country…

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Top 5 steel producers of the world


The crude steel production is rising every day, and new increased levels of production are being set for the future. The top 10 largest steel producers account for almost 25% of the world population. Here are the five biggest steel producers in the world. ArcelorMittal SA ArcelorMittal is the largest producer of steel in the world. As of 2014, it…

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Tata Steel: One of the top producers of steel


Popular for its goodwill and ethical conduct in business, this multinational steel-making company was founded by Jamshedji Tata in the year 1907 and is now headquartered in Mumbai, Maharashtra. It is not only the second largest steel company in India with an annual production capacity of 13million tonnes but also one of the top steel producers in the world. The…

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Top 5 steel producing industries in India


The steel industry is one of the most important industries and contributes majorly to the country’s GDP. The sector’s overall contribution to the GDP was nearly 2% in the financial year 2015-16 with a total exposure of about Rs. 3.13 lakh crore. For the F.Y. 2014-15, India was the third largest producer of raw steel. The country produced 91.46 million tons of…

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