Indian Steel Industry Outlook to 2012

Mumbai, India (PressExposure) October 15, 2009 -- Indian Steel Industry Outlook to 2012 report  ( ) classifies the finished steel product market into two categories - alloy and non-alloy. It also covers the information on industry-wise steel demand, overall steel consumption, production and trading market. Apart from this, it also provides industry forecast (FY 2010 to FY 2012) India is a reputed name in the world steel industry; the country’s steel industry is catching up the pace and luring the steel majors from all over the world. The industry has gained strength from the strong Indian economy, and strong sectors like infrastructure, construction and automobile. Although India consumes less steel as compared to other Asian countries, it was ranked the fifth major crude steel producer in the world in 2008. Thus, the country offers vast scope for the steel industry in future.

However, the current economic turmoil has dented the growth curve of various industries such as construction, which, in turn, has hit the Indian steel industry hard. But with the government’s plans to boost up the economy by injecting funds in various industries like infrastructure, construction, automobile and power, growth is well expected in near future, says “Indian Steel Industry Outlook to 2012”, a new report by RNCOS.

As per our research report, steel consumption in India is expected to grow considerably in the coming years. Per capita finished steel consumption in the country is estimated at around 44 Kg in 2008-09, which is projected to reach 54 Kg by the end of 2011-12, thereby representing tremendous growth potential in the coming years. Furthermore the report also includes detailed analysis and future outlook of various industries related to the steel industry, including automotive, consumer durables, aerospace and marine, power, telecom, railways, and housing industries. The following segments are included : Finished steel consumption Non-alloy steel products demand Per capita finished steel consumption Import of steel products Stainless steel production and consumption To know more and to buy a copy of your report feel free to visit: Or

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Press Release Submitted On: October 15, 2009 at 2:06 am
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