two facts about iron and steel industry in india
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* India's iron and steel industry contributes about 2 percent of gross domestic product, or about $24 billion, to the country's roughly $1.2 trillion economy.
* India is now the third largest producer of steel in the world after China and Japan.
It produced 62.8 million tonnes of the alloy in 2010, but is still only about a tenth the size of China, the No.1 steel producing country.
* State-run Steel Authority of India is the largest producer, with capacity of 13.8 million tonnes. JSW Steel has annual capacity of about 7.8 million tonnes, while Tata Steel, the world's No. 7 steelmaker, has capacity in India of about 7.5 million tonnes.
About half of India's steel industry comprises a large number of makers of higher-end re-rolled steel with less than one million tonnes of capacity each.