Steel Re-Rolling Mills Association of .Page 3 of 14 21st Issue Steel Re Rolling Mills Association

  • View
    213

  • Download
    0

Embed Size (px)

Text of Steel Re-Rolling Mills Association of .Page 3 of 14 21st Issue Steel Re Rolling Mills Association

  • Page 2 of 14 21st Issue Steel Re Rolling Mills Association of India visit www.srma.co.in

    SRMA STEEL NEWSLETTER

    SRMA

    Steel Re Rolling Mills Association of India

    www.sram.co.in

    Steel Re-Rolling Mills Association of India www.srma.co.in Email : srmakol@srma.co.in

    Sl. No, Name

    1. Shri B.M. Beriwala,

    Chairman

    2. Shri Jagmel Singh Matharoo,

    Vice Chairman

    3. Shri Ramesh Kumar Jain,

    Treasurer

    4. Shri Sanjay Jain

    5. Shri Kailasj Goel

    6. Shri G P Agarwal

    7. Shri O P Agarwal

    8. Shri S K Sharda

    9. Shri Sandip Kumar Agarwal

    10. Shri S. S. Sanganeria

    11. Shri Sanjay Surekha

    12. Shri R P Agarwal

    13. Shri S. S. Bagaria

    14. Shri Girish Agarwal

    15. Shri Goutam Khanna

    16. Shri Suresh Bansal

    17. Shri Rajiv Jajodia

    18. Shri Bhusan Agarwal

    19. Shri Mahesh Agarwal

    20. Shri Sita Ram Gupta

    21. Shri Ashok Bardeja

    http://www.srma.co.in/mailto:srmakol@srma.co.in

  • Page 3 of 14 21st Issue Steel Re Rolling Mills Association of India visit www.srma.co.in

    SRMA STEEL NEWSLETTER

    SRMA

    Steel Re Rolling Mills Association of India

    www.sram.co.in

    SRMA Steel News is a division of Steel Re-Rolling Mills Association of India and takes due care

    in preparing this news. Information has been obtained by SRMA from sources, which it considers

    authentic. However, SRMA does not guarantee the accuracy, adequacy or completeness of any

    information and is not responsible for any errors or omissions or for the results obtained from the

    use of such information. SRMA is not liable for investment decisions, which may be based on the

    views expressed in the News. SRMA especially states that it has no financial liability whatsoever

    to the subscribers/users/transmitters/distributors of this News. And no part of this news may be

    published/reproduced in any form without SRMAs prior written approval.

  • Page 4 of 14 21st Issue Steel Re Rolling Mills Association of India visit www.srma.co.in

    SRMA STEEL NEWSLETTER

    SRMA

    Steel Re Rolling Mills Association of India

    www.sram.co.in

    Executive Summary

    Present Scenario of Indian Primary and

    Secordary Steel Sector

    Environment & Safety Focus

    Budget Highlight 2014

    Taxation News

    Events

    Latest Steel News

    CONTENTS

  • Page 5 of 14 21st Issue Steel Re Rolling Mills Association of India visit www.srma.co.in

    SRMA STEEL NEWSLETTER

    SRMA

    Steel Re Rolling Mills Association of India

    www.sram.co.in

    The steel industry of India has entered into a new era of development since 2007-08, riding high on the

    resurgent economy and robust demand for steel. Rapid rise in production has resulted in India becoming

    the 4th largest producer of crude steel and the largest producer of sponge iron in the world. Indian steel

    industry has just delivered a decade of exponential revenue and profit growth The Indian steel industry

    has achieved significant milestones in terms of growth in capacity, production and exports to become a

    major player in the global steel industry. Between FY2008 and FY2013, Indias steel production has

    grown at a compound annual growth rate (CAGR) of about 7 percent.

    Recent civilization, It is a material that has a wide range of applications from the manufacture of small

    pins to the building of automobiles, railway system, shipbuilding, aircrafts, big construction /

    infrastructure projects to nuclear power station and so on. Though steel products are prone to corrosion

    with a relatively high strength to weight ratio, yet alternative materials have not been able to make a

    significant dent on its consumption. In fact, the global apparent steel use of finished steel has increased

    from 976.7 Mt in 2004 to 1283.6 Mt in 2010, recording an average annual growth of 5.24 percent.

    Finished Steel Categorization Finished steel are usually divided in two categories viz. Non-flat or Long

    Products and Flat Products. In India, JPC shows the break-up of long products as Bars & Rods,

    Structurals and Railway Materials. But there are many other steel products under three categories which

    are mention below :

    Bars & Rods include Rounds, Bars, Rebars, Wire Rods etc. Structurals include Joists / Beams, Angles,

    Channels, Z-sections, M.S. Arch etc. Railway Materials include Rails, Wheels and Axles, Sleepers and

    crane rails etc. Some Important Long Products Rebars Reinforcement Steel Bars (Rebars) are long steel

    products that find application in construction industry.

    The usage of Reinforced Cement Concrete has become the accepted standards for construction of

    residential and commercial structures, flyovers, bridges, water retaining structures, industrial and power

    plants etc. Rebar constitute about 20 to 25 percent of the total materials cost for civil construction.

    Growth of Re -bar Industry in India Rebars has been a major steel product among the finished steel

    product categories. In 2011-12, rebars accounted for about 35 percent of the total finished steel

    production for sale in the country. In India, rebars are produced both by primary and secondary players.

    Infrastructure investments in north India to prompt the local steel demand - The government has

    announced many mega-investment projects in north India including the prestigious US$100-billion Delhi-

    Mumbai Industrial Corridor, slew of export zones and industrial parks across Rajasthan, Haryana and

    western Uttar Pradesh. These projects will continue to drive sustained demand for long steel across the

    northern states. Regional steel suppliers need to remain competitive on cost and service to play a major

    role in the implementation of these projects.

    Automobile sector is centered in north India - About 32 percent of the Indian major automobile

    manufacturers have strong presence in the north India region including Maruti Suzuki, Hero MotoCorp,

    Honda Motorcycle & Scooter, Honda Cars, Bajaj Auto, Yamaha, TAFE, Tata Motors, Ashok Leyland,

    and Mahindra & Mahindra. Many auto component, manufacturers too are based in north India. This

    provide a tremendous opportunity for Indian auto-component manufacturers in north India.

    TOP

  • Page 6 of 14 21st Issue Steel Re Rolling Mills Association of India visit www.srma.co.in

    SRMA STEEL NEWSLETTER

    SRMA

    Steel Re Rolling Mills Association of India

    www.sram.co.in

    The steel industry of India is divided into primary and secondary

    sectors. The primary sector comprises a few large integrated steel

    providers producing billets, slabs and hot rolled coils, among

    others. The secondary sector comprises small units focused on the

    production of value added products such as cold rolled coils,

    galvanized coils, angles, columns, beams and other re-rollers, and

    sponge iron units. Both sectors cater to different market segments.

    The Indian Steel Industry comprises integrated steel plants in

    the primary sector using BF-BOF route of iron and steel

    production. In the primary sector, there are 13 integrated steel

    plants in the public and private sectors. The secondary sector

    constitutes Electric Arc Furnace (EAF)/Induction, Furnace (IF),

    pig iron/Sponge iron units, etc. For producing either semi

    finished or finished steel. On the basis of ownership, the Indian

    steel industry is broadly divided into private and public sector

    enterprises. The private sector dominates production accounting

    for almost 78 percent of the finished steel output while the public sector has higher capacity utilizations.

    Indian steel industry comprises of several inter connected segments for value addition broadly classified as

    Integrated Producers and Non-Integrated or Secondary producers which are largely small scale units and are

    engaged in re-rolling and accounts for over 50 per cent of the total indigenous output. The Secondary Producers

    focus on the production of high grade steels and specialty products to meet the specific requirements of the industry

    and the development plans must include the strengthening of the

    secondary producers along with the major producers.

    The Producers, who are also identified as Integrated Steel Producers (ISPs), are large bulk producers having

    capacity of more than 1MT . This segment consists of the big players like Steel Authority of India Limited (SAIL),

    Tata Steel, RINL, JSW, Essar Steel and Ispat Industries etc. On the other hand secondary producers are the small

    producers or processors or producers and processors. It is estimated that about 40 per cent of Indias crude steel is

    produced by the small steel plants.

    Apart from this more than 60 per cent of long steel

    products are also produced by the Secondary Steel

    Producers. The segment is highly heterogeneous

    with the units working on standalone basis and

    primarily comprising of mini blast furnace units,

    sponge iron producers, Induction Furnace (IF) and

    Electric Arc Furnace (EAF) units, Rerolling (RR)

    units, Hot Rolled (HR) units, Cold Rolled (CR)

    units, Galvanized/Color coated units, Tin Plate

    units and Wire -Drawing units. The units which are

    involved in cold rollin