India Steel Sector Report 2020 2nd QuarterAn EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: February 2020
Available in: English
The steel sector contributes about 2% of the Indian economy’s total GVA, according to the Indian Brand Equity Foundation (IBEF). The sector employs 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the second-largest in the world after that of China. The global importance of Indian steel derives mainly from the country’s abundant iron-ore resources and the rising domestic demand fuelled by an expanding economy and by government infrastructure and construction projects. The construction sector absorbed 62% of overall steel consumption, while mechanical engineering accounted for 15% in FY2018, according to the most recent data available. Exports of iron and steel constituted 3.7% of the country’s total in FY2018, while iron and steel imports claimed a 3.1% share.
This report provides a complete and detailed analysis of the steel sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
The report also includes a separate chapter with 5-year forecasts for the main sectoral and macroeconomic indicators, delivered in the form of both time series and analytical commentaries.
What this report allows you to do:
- Understand the key elements at play in the steel sector in India
- Access forecasts for growth in the sector
- View key data on production and consumption for the sector in India
- Crystallise the forces both driving and restraining this sector in India
- Build a complete perspective on sector trade, investment and employment
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in India
- Build a clear picture of trends and issues for sub-sectors (e.g. iron ore, crude and finished steel, pig and sponge iron).
See below for a complete table of report contents: