Iron and Steel

The Iron and Steel Industry is a major industry in India. This industry drives the industrial progress of the country. It is a key industry, and several small- and medium-scale industries depend on it. The transport and communication industry is dependent on it and so is the power and fuel industry.   After 2005, the Indian steel industry has come a long way. It is now the fifth-largest producer globally. The production amounts to 55...
 A number of Indian companies have reported an ambitious plan that will aim at setting up steel plants in the Karnataka state with huge investments expected to flow in the state. The state was particularly picked by the companies as it remains free of the dissent and rebellions that have rocked other mineral rich states in the country. ArcelorMittal, the largest steel maker by output in the world, today appended a deal with the state’s...

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