STAINLESS STEEL ROLLING MILL (HR/CR COILS)
The Indian Steel Industry is almost 100 years old now. Steel industry in India is on an upswing because of the strong global and domestic demand. Indias rapid economic growth and soaring demand by sectors like infrastructure, real estate and automobiles at home and abroad, has put Indian steel industry on the global map. Indian Steel Industry have abundance of quality manpower, it have positive stimuli room construction industry. Over the past decade or so, the steel products segment (HR/CR Coils) in the country has witnessed a significant expansion, both in production and consumption. The segment is likely to see more development, which will pose challenges characteristic of a highly competitive market place. The spurt in the demand for high-end consumer product such as cars, refrigerators and washing machines etc have resulted in the share of flat products in total steel usage moving up to more than 60 percent. There has been a more than 50% increase in export of finished steel products from India. Stainless Steel Coils are used in industrial, mining, electronic, decorative, lighting, food processing and furniture. Such coils are corrosion resistant and thus are extensively used in such industries where avoiding corrosion is a need. These cold rolled steel coils are popularly used in automobile and bicycle industry. Hot rolled coils are used in the most critical engineering applications and also in certain applications in the automotive sector. Cold rolled steel is used for precision tubes, automobiles, bicycles, fabrication, household appliances, wagon/coach building, cold forming, coated sheets, agricultural equipment and packaging. The automobile sector is a leading consumer. This sector requires cold rolled steel for the auto bodies and for a variety of auto components. The consumption of CR steel was growing at a high rate of around 12.5% until mid-1990s. Thereafter it was hit as a result of a slowdowns in the user industries. From the second half of 1990s to early 2002 the demand crawled at under one per cent. With recovery in the consumer segment, the industry has re-emerged and picked up recording a growth in demand at over 4.5%. The consumption has increased to around 3.5 mn tonnes in 2003-04 and to is projected to grow to over 4 mn tonnes in 2006-07. The end of the decade will see the consumption to rise further to about 5 mn tonnes. HR products are expected to grow in the coming years at a rate of over 5% annually. In the open market scenario, imports continue to be a threat to the domestic industry; but this does not erode the demand. If at all, it could expand because of the lower competitive prices. Japan and Western Europe are major net exporters. The U.S., China and other Asian countries are the main net importers. The US imports are close to 10 mn tonnes. Substantial capacities are being built in the Asia Pacific region. It is believed, however, that India will be a net exporter. Today it is difficult to imagine a world without steel. Steel is becoming vital to our everyday life. It is at the root of quality of life that each of us enjoy today. So, According to the latest report by International Iron & Steel Institute, India is the seventh largest steel producer in the world. The demand for any type of steel is growing and will continue to grow in leaps and bounds. So, there is good scope to enter into this field. Few Indian Major Players are as under: A P Steel Re-Rolling Mill Ltd. Albright Steel Inds. Ltd. Allied Strips Ltd. Atma Steels Ltd. Avon Ispat & Power Ltd. Bhushan Steel Ltd. Dhar Industries Ltd. Essar Steel Ltd. Ferro Concrete Co India Ltd. Graham Firth Steel Products (India) Ltd. Gwalior Strips Ltd. Haryana Foils Ltd. Hi-Tech Pipes Ltd. Him Ispat Ltd. Hisar Metal Inds. Ltd. Hitek Industries Ltd. I U P Jindal Metals & Alloys Ltd. Ispat Industries Ltd. J S W Steel Ltd. J V G Steels India Ltd. J V Strips Ltd. Jindal Steel & Alloys Ltd. Lloyds Steel Inds. Ltd. Mahalakshmi Profile Ltd. Maitri Steels Ltd. Majestic Industries Ltd. Metalman Industries Ltd. Mohta Electro Steel Ltd. Monga Brothers Ltd. Mukand Vijaynagar Steels Ltd. N S L Ltd. [Merged] Orient Steel & Inds. Ltd. P M Telelinnks Ltd. Pasondia Steel Profiles Ltd. Pennar Industries Ltd. R M I Steels Ltd. Rajasthan Ambuja Inds. Ltd. Rajinder Alloys Ltd. Rohini Strips Ltd. Ruchi Strips & Alloys Ltd. S K Foils Ltd. Sail Bansal Service Centre Ltd. Shivalik Bimetal Controls Ltd. Singhal Strips Ltd. Steel Strips Ltd. Steelco Gujarat Ltd. Stelco Strips Ltd. Unison Metals Ltd. Vallabh Steels Ltd. Vardhman Industries Ltd. Venkateshwar Ispat Ltd.