What are the Future Challenges for Steel
Steel Industry:

  • The focus now is on improving and consolidate the current assets.
  • The challenge of the steel industry is to be competitive against China and CIS, which accounts for more than 50% of the global steel production.
  • This can be achieved ,only through innovation, differentiation, and by adding services to our products.

Steel Supply Chain:

  • The Steel industry is more consolidated and more vertically integrated than Others, however the rising competition is a future threat.
  • The challenge is to increase the ability to provide a broad solution to the customer base (maybe through consolidation or Joint Ventures between companies).
  • To develop and increase performance in all Steel Products
  • Apart from Our own Produce of Rolling Mill / Wire Plant / Bright Bars, We also Supply steel from Main producers , Like SAIL, RINL, Tata Steel, Jindal, Essar Steel etc.
  • To secure good quality raw materials (upstream or with a strong supply chain).
  • To be prepared for a sudden increase in the demand of Steel .
  • Retain and develop people with technical skills and knowledge.
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