Steel Insights


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Cover Story takes a look at how this industry fared in 2014-15. The mills faced a double whammy in the form of rampant cheap imports from China, Japan and Korea, coupled with the weakness in the real estate and infrastructure sectors. Margins were squeezed and demand was sluggish. Special Feature focuses on the iron ore scenario and how the export duty cut on low grade ore will impact the raw material scenario, especially in Goa; and earthquake-resistant steel. Special Focus airs the views of industry stalwarts like Tata Steel Managing Director T V Narendran, JSW Steel’s Director Sales & Marketing Jayant Acharya, JSPL Chairman Naveen Jindal and World Steel Association Director General Edwin Basson against the backdrop of the current challenges. Feature turns the spotlight on a CRISIL study that says India’s steel capacity addition will be muted in medium term; and the government’s proactive stance on the foundry industry. Also watch out for our regular sections on coking coal prices, ferro alloys and corporates.