Question

Discuss the present position of iron and steel industry in india

Answer 1

The iron and steel industry is one of the most important industries in India. During 2014 through 2016, India was the third largest producer of raw steeland the largest producer of spongeiron in the world. ... Most of the publicsector undertakings market their steelthrough the Steel Authority of India(SAIL).

Answer 2

India was the world’s second-largest steel producer@ with production standing at 106.5 MT in 2018. The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output.
The Indian steel industry is very modern with state-of-the-art steel mills. It has always strived for continuous modernisation and up-gradation of older plants and higher energy efficiency levels.
Indian steel industries are classified into three categories such as major producers, main producers and secondary producers.