Global Steel Industry and Future Outlook slide image

Global Steel Industry and Future Outlook

4 Indian Steel Industry HEG HEG Limited World Winning Quality ❖ India registered a growth of 7.6% in Crude steel production during H1 compared to the same period of last year. Total Crude steel production for H1 is 48 million tons. ❖ MIP helped domestic industry to improve their realizations and extend their reach to segments which were mainly captured by low priced imports. ❖ Imports during Jan/June 16 were 3.60 mmt compared to 5.50 mmt last year, lower by 37 % ❖ As per WSA, Indian steel demand is expected to report show a solid growth in 2016-2017 backed by consumption-boosting reforms and infrastructure investment, but its sustainability is under question as key levels of investment are being provided by the government while private investment remains weak.
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