Question

how are integrated steel plants different mini steel plant ? what problems does the industry face ? what recent development have led to a
rise in the production capacity? ​

Answer 1

•Integrated steel plants are large and handle everything in one complex – from putting together raw material to steel making, rolling and shaping.

•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.

•The challenges faced by the steel industry are:

1.High cost and limited availability of coking coal

2.Lower productivity of labour

3.Irregular supply of energy

4.Poor infrastructure

•Recent developments such as liberalisation and foreign direct investment (FDI) have given a boost to the industry with the efforts of private entrepreneurs.