The iron and steel industries are among the most important industries in India. During 2014 through 2016, India was the third largest producer of raw steel . In 2019 India became the 2nd largest steel producer in the world after China and the largest producer of steel iron in the world. The industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron. Most iron and steel in India is produced from iron ore.
Policy for the sector is governed by the Indian Ministry of Steel, which concerns itself with coordinating and planning the growth and development of the iron and steel industry, both in the public and private sectors; formulation of policies with respect to production, pricing, distribution, import and export of iron and steel, ferro alloys and refractories; and the development of input industries relating to iron ore, manganese ore, chrome ore and refractories etc., required mainly by the steel industry
There are two types of steel plants – mini steel plants and integrated steel plants. About half of the country’s steel is produced by medium and small enterprises.
Mini steel plants are smaller, have electric furnaces and use steel scrap as well as sponge iron. They have re-rollers that use steel ingots as well. They produce Carbon steel and alloy Steel of certain specifications. There are around 650 mini steel plants in India.
Integrated steel plants are large, handle everything in one complex – from putting together raw material to steel making, rolling and shaping. Iron ore, coke, and flux are fed into the blast furnace and heated. The coke reduces the iron oxide in the ore to metallic iron, and the molten mass separates into slag and iron. Some of the iron from the blast furnace is cooled, and marketed as pig iron; the rest flows into basic oxygen furnaces, where it is converted into steel. Iron and steel scrap may be added to both to the blast furnace and to the basic iron furnace.
The prime application areas in Steel Industries are :
For Reconditioning of
For New Rolls :