India Steel Industry Set for Robust Growth

According to our research report “Indian Steel Industry Outlook to 2012”, finished steel consumption is continuously increasing in the country with rise in demand from automobile, power, construction, and  infrastructure sector (including railways coaches, high capacity bus corridor, etc). Finished steel is also getting new applications due to its corrosion resistive property.  Moreover, India is having low per capita consumption of steel compared to other countries, which provides enormous potential for growth in the country’s steel consumption. Additionally, it is expected that the apparent finished steel consumption will grow at a CAGR of around 7% during FY 2012 - FY 2014.

 

Our report has found that, metal products are the largest consumer of stainless steel among different industries followed by process industry. Besides, infrastructure accounts for the maximum steel consumption among the industry segments. Moreover, demand from other industries, such as construction, process, and engineering are expected to grow in the coming years on the back of various factors covered in our report.

 

The ongoing research analysis provides extensive research and rational analysis of the Indian steel industry, with focus on current outlook and future prospects. It facilitates quantitative and qualitative evaluation of steel production, consumption, segmentation, trade, industry wise steel demand, etc. The report also provides deep insight into the steel raw material industry, including coking coal, iron ore, pig iron and limestone, to help clients gain complete market intelligence of the Indian steel industry. A brief overview of the major players has also been included to facilitate a balanced research outlook.

 

Our report “Indian Steel Industry Outlook to 2012” is an outcome of extensive research and conceptual analysis of the Indian steel industry. The report provides detail information on forces, which have led the industry towards remarkable developments during the past few years. The report also provides an insight into the future outlook of various vertical industry segments, including automotive, aerospace, marine, consumer durables, power, railways, telecom, and housing. In this way, the report presents a complete and coherent analysis of the Indian steel industry, which will prove decisive for the clients.

For more information visit: http://www.rncos.com/Report/IM182.htm