Steelmaking, Shaping, Treating and processing, Steel and Steel Products (Fasteners, Seamless Tubes, Casting, Rolling of Flat Products & others), Iron and Steel making by-Products, Steel making and Refining, Manufacturing of Steel, Steel Production

Description:

Steel is one ofthe most important and widely used products in the world. Currently, the steelindustry is undergoing a process of change. As a result of ongoing technicaland economic developments, the production and use of electric arc furnace steelis, beneath the steel production in a blast furnace, becoming increasinglyimportant, continuously gaining share of world-wide steel production over thepast 30 years.

Steel is a termgiven to alloys containing a high proportion of iron with some carbon. Otheralloying elements may also be present in varying proportions. The properties ofsteel are highly dependent on the proportions of alloying elements, so thattheir levels are closely controlled during its manufacture. The properties ofsteel also depend on the heat treatment of the metal.

The comparativeadvantage of cheap and high quality iron ore and manganese, has been somewhatset off by the limited accessibility of the steel industry to the supply ofcoking coal. The adoption of the sponge iron route by the private sectorintegrated plants helped in circumventing the constraint, and at the same time,ushered in a technological revolution in the industry. As a result, India hascome to enjoy a cost advantage compared to most countries.

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Keywords: Steelmaking, Shaping, Treating and processing, Steel and Steel Products, Fasteners, Seamless Tubes, Casting, Rolling of Flat Products, Iron and Steel making by-Products, Steel making and Refining, Manufacturing of Steel, Steel Production, Business Plan, Industry Trends, Manufacturing Plant, Machinery, Raw Materials, Investment Opportunities, Steel, Hot, Rolling, Reheating, Restoration, Dynamic, Static, Recrystallization, Explosive, Fragmentation