Iron Steel

The steel industry in India has witnessed an increase in demand due to expanding oil and gas sector, huge spending on infrastructural facilities coupled with growth in housing, consumer durables and auto sectors. A lot of new steel plants have been set up in the country due to huge foreign investments and the state-of-the-art technology.
With growing domestic demand, and with the increase in competition, iron & steel companies face the challenge of increasing their production capacity without compromising on their quality. Iron & Steel manufacturers need to innovate their processes to improve productivity and differentiate themselves from competition.