2: The best location
from 1800 to 1950
1: The best location
before 1800
3: The best location
since 1950
8
Fig 5.7: The changing location of the iron and
steel industry
INDUSTRIES 53 what does the picture shows
what does the picture shows
Answers
Explanation:
The iron and steel industries are among the most important industries in India. India replaces Japan as second top steel producer in January,2019.[1] As per worldsteel, India's crude steel production in 2018 was at 106.5 MT, 4.9% increase from 101.5 MT in 2017, means that India has replaced Japan as world second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017. Industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron. Most iron and steel in India is produced from iron ore.[2]
Tata Steel at Jamshedpur, Jharkhand - The Steel City of India
Policy for the sector is governed by the Indian Ministry of Steel, which concerns itself with coordinating and planning the growth and development of the iron and steel industry, both in the public and private sectors; formulation of policies with respect to production, pricing, distribution, import and export of iron and steel, ferro alloys and refractories; and the development of input industries relating to iron ore, manganese ore, chrome ore and refractories etc., required mainly by the steel industry.
Most of the public sector undertakings market their steel through the Steel Authority of India (SAIL). The Indian steel industry was de-licensed and de-controlled in 1991 and 1992 respectively.