Q How would you define the role of steel in building a durable and sustainable future?
Steel’s unique combination of strength, versatility and recyclability positions it as a cornerstone of modern construction and innovation, driving a future that marries durability with sustainability. Its adaptability enables the creation of energy-efficient and eco-friendly structures, reflecting a commitment to both human progress and environmental stewardship. The global attributes of steel transcend its physical properties, transforming it into a catalyst for sustainable development. This holistic vision underscores the essential role of steel in forging a resilient and environmentally conscious future. The continued evolution and responsible utilisation of steel are pivotal in shaping a world that harmoniously balances human advancement with environmental integrity.
Q What are some major developments in the Indian steel construction industry over the past few years?
India’s ascent to the position of the world’s second-largest crude steel producer, with a production of 120 MT in FY’22, underscores a period of remarkable growth and innovation in the steel construction industry. The anticipated surge in finished steel consumption to 230 MT by 2030–31, coupled with industry consolidation and strategic government initiatives, reflects a robust and resilient sector.
This story is from the October 2023 edition of EM - Efficient Manufacturing.
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This story is from the October 2023 edition of EM - Efficient Manufacturing.
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