There are reports that, according to the survey, as the traditional steel technology progress, India in recent years steelmaking technology quickly improve, over the past decade, India crude steel production growth from 27.3 million tons to 71.3 million tons. Survey the company confirmed, electric furnace and induction furnace is India's crude steel production increase of the main driving force.
Investigation still shows, to 2015-16), India's crude steel production capacity is expected to reach 112.5 million tons. 2010-11), India can output 78 million tons, capacity utilization rate is 84%. Frost&Sullivan forecast, if all plan capacity expansion project put into production, by 2015, India crude steel production will from the world's fourth up to second place.
In sales, surveys show that 2011-12 year India per capita steel capacity from 2005 - fiscal and kg growth to 57 kilograms.
Building and construction industry has always been to iron and steel demand is the largest, about 60%. In the Indian steel intensive industries, construction demand growth in the past five years and continuous high, manufacturing, and ranked second in the third industry.