how are integrated steel plants different from the mini steel plants
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Mini steel plants are smaller, have electric furnaces, use steel scrap and sponge iron. They have re-rollers that use steel ingots as well. They produce mild and alloy steel of given specifications.
An integrated steel plant is large, handles everything in one complex – from putting together raw material to steel making, rolling and shaping.
The following problems are being faced by iron and steel industry:
- High costs and limited availability of coking coal
- Lower productivity of labour
- irregular supply of energy
- Poor infrastructure.
Recent Developments:
Liberalisation and Foreign Direct Investment have given a boost to the industry with the efforts of private entrepreneurs.
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