India to remain net importer of steel, conference told
May 03, 2012 | 11:05 AM
India will continue to be a net importer of steel even after 2020 as supply will not be able to keep pace with demand in the country, a majority of speakers said at Metal Bulletin’s 8th Indian Iron and Steel conference in New Delhi.
Leaders from the Indian steel Industry, in their address to delegates, expressed concern at the slow pace of greenfield projects in the country, mainly due to delays in obtaining clearances, the allocation of iron ore mines and the availability of land for steel projects.
“India will have to import at least 3 million tonnes of steel in 2012 and that figure is likely to increase to more than....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.