Indian Steel: Critical Details, Evolving Structure & Strategic Options
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Dr AS Firoz's report "Indian Steel: Critical Details, Evolving Structure and Strategic Options" is for those who are looking for business opportunities in the Indian steel landscape from the point of view of investment in capacity building, funding new projects, trading , investment in related logistics and infrastructure, global procurement and supply of raw materials.
This report critically looks at the current situation in the industry, potential of the steel market growth in the medium term, growth plans of the individual major companies, demand and supply issues related to raw materials like coal and iron ore, competitive positioning of steel production in the country, socio-economic and political factors which may have direct and indirect impact on the growth dreams of the Indian steel makers, etc among a large number of other relevant issues of strategic importance.
This report is the product of extensive and in depth analysis with incredible amount of time spent to put the numbers in perspective. There are neutral and frank expert views on matters which have drawn attention of the industry in the recent period.
The report addresses almost all issues related with steel industry in India and answers following questions
- So much is talked about Indian economic growth and steel but what is the ground reality?
- Is India catching up with China?
- What is the real size of the Indian steel market?
- Country's production and consumption statistics are under reported. What is the true picture?
- What are the forecasts of steel demand in India till 2015?
- What are the factors shaping India's steel market?
- Are the current sentiments in the industry justified?
- How competitive is steel production in India?
- How are the major players relatively placed in taking advantage of the local iron ore?
- The coking coal disadvantage - how far does it go?
- Do DRI, Corex or Finex have a future?
- Is the natural gas scenario is going for a change?
- How is steel production expected to grow?
- How many projects are there and how many of them can be expected by 2020?
- What is the progress with each and where are they getting stuck?
- How serious are the iron ore and land problems?
- What are the prospects for merchant DRI and Pig Iron industries?
- What will happen to the secondary sector?
- What will be the market shares of major producers in major products by 2011-12?
- How steel majors are planning their growth?
- What about their foreign acquisitions and investments?
- Why are Indian companies in global acquisition map so much more than others?
- How are small and medium size players shaping up. Will they grow stronger or perish?
- What is the current situation of iron ore?
- Are all the reserves ready to be mined?
- How much of new reserves can be found?
- How much of iron ore are really produced and consumed in the country?
- Policy issues in Iron Ore: what may change and how far will that go?
- Will export of iron ore be restricted?
- How much of coal will be imported?
- What is the current situation?
- What will happen to the coke industry?
- Expect policy change. What can actually come up and when?
The report also covers the following critical issues
- It shows the steel production trend by major companies and industrial sectors and by types of steel products for the last few years. Details of capacities by company in segments like HR Coils, CR Coils and Galvanising and Colour Coated.
- A critical analysis of the trend problems of under coverage of steel production statistics and assessment of the real conditions on ground.
- India's external trade in steel. Trend in steel exports and imports by products for several years. Imports and exports by source destination countries. Perspectives on future.
- A year wise forecasts for all products under several model scenarios and simulations.
- Costs of production of steel: today and tomorrow for major producers. Cost of iron ore in India's steel plants. An analysis of all the factors determining the competitive advantages of steel making in India.
- An assessment of the factors building the investment scenario for steel in the country.
- Major steel producers including SAIL, Tata Steel, JSW, Ispat Industries, Essar Steel, Bhushan Steel, RINL, POSCO, Arcelor-Mittal Steel and JSPL - Their projects and business strategies
- A complete statistical profile of the iron ore industry in India with the latest estimates of reserves, production (grades, states/regions and major owners) and exports (by country for several years). Prices of iron ore in the domestic market and for exports. Analysis of the reserves of iron ore in India. Estimates of consumption by producer and industry segments.
- Forecast of demand for iron ore by type till 2015 on a top down model based on the forecast numbers in respect of user industries. Also the forecasts on a bottom up model by major steel producing companies by fines, lumps and pellets.
- Exports of iron ore: a detailed scenario, by countries of destination, prices realized, types of ores exported, etc.
- Critical analysis of the recommendations of two major high powered committees (Hoda and Dang Committees) on captive mining and exports of iron ore.
- Coking Coal : estimation of future demand for coking coal, non-coking coal for sponge iron, non-coking coal for Corex/Finex and PCI for 2015, on both top down and bottom up (by producer) models.
Table of Content
| 1. Indian Steel - In Summary | 6 |
| Steel Projects | 6 |
| Iron Ore | 17 |
| Coking Coal | 26 |
| Steel Prices | 28 |
| Steel Distribution System | 30 |
| Steel Demand and Supply: Past, Present and the Future | 32 |
| Competitiveness | 41 |
| Mergers, Acquisitions and Consolidation | 44 |
| Product Mix, Exports and Business Plans | 45 |
| External Trade | 46 |
| DRI and Pig Iron | 51 |
| The Secondary Sector | 51 |
| Induction Furnaces | |
| Re-rolling Mills | 52 |
| Cold Rolling Mills and Galvanising Plants | 53 |
| 2. Indian Steel Industry - Introduction | 55 |
| India Globally | 57 |
| Steel and the Macro Economy | 59 |
| Steel Consumption: Drivers | 62 |
| Steel Capacity | 64 |
| Production Trends | 69 |
| Structure of Steel Production | 71 |
| Steel Production and Consumption by Products | 73 |
| External Trade: Imports and Exports | 75 |
| Imports | 76 |
| Exports | 83 |
| Forecast of Steel Demand by Finished Steel Products | 89 |
| The Supply - Side Issues | 105 |
| Relative Ranking of the Steel Producers | 111 |
| Relative ranking of Steel Projects | 113 |
| The Emerging Hot Rolled Coils Market | 117 |
| Pig Iron | 121 |
| Alloy and Stainless Steel | 124 |
| Costs of Production & Cost Competitiveness of Indian | |
| Steel | 126 |
| Factor Disadvantages | 130 |
| 3.Iron Ore Issues | 132 |
| Iron Ore Exports | 138 |
| Forecast of Domestic Iron Ore Demand | 145 |
| Iron Ore Policy: What is Expected | 146 |
| 4.Coking Coal Issues | 148 |
| 5.Steel Projects in India - A Reality Check | 160 |
| Mining Leases | 160 |
| Land Acquisitions | 162 |
| Political Disturbance | 163 |
| Water | 163 |
| Infrastructure | 164 |
| Capital | 165 |
| Manpower and Skill | 165 |
| 6.Major Steel Makers - A Critical Evaluation | 166 |
| Tata Steel | 166 |
| Steel Authority of India Ltd | 176 |
| Essar Steel | 185 |
| JSW Steel | 192 |
| Ispat Industries | 199 |
| Bhushan Steel and Strips and Power | 201 |
| Jindal Steel and Power Ltd | 207 |
| POSCO | 210 |
| Arcelor -Mittal Steel | 212 |
| Rashtriya Ispat Nigam Ltd. | 213 |
| 7.Strategic Conclusions | 215 |
| Annexure 1 to 14 | 220 |
| Appendices 1,2 and 3 | 236 |
Report summary
No of Pages: 236
Delivery Format: The reportis available in CD as well as in pdf format.
How to order
Ordering the report is simple. If you want to purchase the report, please get in touch with reports@steelguru.com or send a fax at +91 124 4048994.
Disclaimer
This report is made by Dr AS Firoz. SteelGuru doesn't guarantee or endorse the correctness or completeness of the contents. SteelGuru does not take any liability or complaints arising out of the same in any way, whatsoever.
