Indian steel industry examines opportunities at Steel and Raw Materials Forum’

New Delhi : The conference witnessed engaging deliberations from the representatives from the Government of India and renowned industry stalwarts from Public Sector Organizations and major international and Indian steel companies.

The global steel market has recently observed the meteoric rise of India when it became the 3rd largest steel producer of the world surpassing Russia and United States of America. And now when the country is aiming to climb up one slot even further by 2012, riding on its steady annual growth rate of 8-9% and expecting to touch 110 -120 million tonnes of crude steel production capacity, it is evident that the industry will actively scrutinize the challenges it may face on its growth path and assess the opportunities of the sector in order to realize those.