In this issue

Vision 2020!

How will the steel story unfold in the new calendar?
Uppermost in our minds are the mineral auctions and the impending threat of
disruptions in iron ore supply. That apart, factors like capacity ramp-ups and
government plans to boost steel demand will play key roles. Automotive,
construction & infrastructure and home appliances will be important players
propelling steel sector growth in India. Prices, having bottomed out, can only
correct themselves in the new year. Get a peek into the future in our Cover Story
on pg 38.
World’s largest steel maker ArcelorMittal gets a foothold in India via the
acquisition of Essar Steel, the formalities of which were completed in December.
Intervista zoomed in, a couple of weeks before the deal closure, on Dilip
Oommen, CEO of the new entity, ArcelorMittal Nippon Steel India, that will own
and operate Essar Steel. Read the interview on pg 06.
World View, on pg 16, turns the spotlight on Pakistan’s expanding scrap demand
and on Khatib Sons International’s co-founder, Hafiz-ur Rahman Khatib and his
son, Munif-ur-Rehman. They feel steel demand in India’s neighboring country
will increase once government-funded infra projects kick-off.
Alkaline water, marshy areas and salt-laced coastlines provide a corrosive
environment for railway tracks in India. Hence, Railways is training its lens, on pg
12, on galvanized or zinc-coated rails that are an INR 1,400-crore opportunity.
Steel mills’ hopes can gain steam from Coal India’s assurance on
pg 60 that the sector is a priority for the coal behemoth and
that 2 MnT of coking coal have been earmarked for tranche V of
the linkage auctions.
Plus, we focus on a lot more. Enjoy the read! :)

Galvanised Rails On Track To Be INR 1,400-CR Opportunity

If all goes well, Indian Railways (IR) could be having an INR 1,400-crore, 2 lakh tonnes per annum order for galvanised rails to offer one-and-half years down the line. And two leading producers of rail tracks in India, the Steel Authority of India (SAIL) and Jindal Steel & Power (JSPL), could be in the fray to bag the orders, it is learnt.

4 mins

Acid Test

When it comes to spent pickle liquor, steel makers need to embrace innovative solutions to reduce environmental impact & increase efficiency

5 mins

Are Indian Steel Makers Ready To Combat Arcelormittal's Arsenal?

Armed with deep pockets and the best available technology in its arsenal, the world’s largest steel maker, ArcelorMittal, is all geared up to own and steer an operating 10-million tonnes per annum (MnTPA) steel plant in India, and a growing market that offers an attractive opportunity for steel firms with excess capacity from China, Japan and Korea (more so for the last two, owing to favorable trade agreements) to dump products unbridled at predatory prices

4 mins

Sajjan Jindal's Pills For Steel Sector Ills

Making an impassioned cry for the entire steel industry to come forward and join hands to devise ways to increase steel consumption in India, Sajjan Jindal, Chairman of the JSW Group, recently said the USD 200-250 billion of investment that will be required to produce the 300 million tonnes (MnT) of steel by 2030 should be made in all “Make in India” equipment.

4 mins

Construction Equipment Sector May See 40% Growth In Sales

The construction equipment industry can expect a 40% increase in sales in the near future on the back of huge government spending on infrastructure projects.

5 mins

Crysteel Gazing

What lies in store for India's steel industry in 2020?

10+ mins

Read all stories from Steel 360

Steel 360 Magazine Description:

Steel 360 is a monthly magazine covering the metal and mining industry in India. The magazine has a readership of 50,000+ across the globe in the metal and mining fraternity across the country (print circulation only in India). Each issue of the magazine carries a highly informative cover story; write-ups on trending topics, market prices & offers, current news from the metal & mining industry, latest technology trends, columns from industry veterans, import-export statistics, information on upcoming events and much more.
The magazine is a comprehensive handbook to numerous Managing heads, Directors, CEOs, Technical Heads, Marketing/Purchase/Sales Managers, Analysts and other key decision-makers at various business groups in the metal, mining, research, financial services, infrastructure and other related sectors.

Web: https://www.steel-360.com