Steel is considered to be the strongest material in that price. Day to day life and growth of industry and infrastructure in any country totally depends on steel. It is consumed in all spheres of life. It has played major role in the development of major economics like US, EU, Japan and now China. Investment of Rs. 90,000 crores has been made in the steel sector, which is the highest among all industrial sectors in India. Iron ore is used in pigment, polishing compound, metallurgy, magnetic inks and in ferrites for electronic industry, coatings for magnetic tape, catalyst. It is the second most important abundant metal in the earth. The global demand growth rate is estimated as 6%. The anticipated steel demand and per capita consumption in India is expected to double in the next eight years. Even at a conservative growth rate of six percent steel demand in 2012 will be about 50 MT. To looking its demand, the scope for investment in this project is bright.
%PDF-1.4 % 2 0 obj <>stream x{TT]X)>@`3"Xh}TIZ cLqc0' V1Ǧ 6jæMQ*`ϭ-QDw^,*:~s{ RH+,ܳtZw.$2Zxԯ\H5yUA۵\Hmq)Mobm`y!yW^JlB