INDIA BOOSTS COLD ROLL CAPACITY, BUT WILL DOMESTIC BUYERS BE THERE?
February 1st, 2014
The Indian steel industry is growing its large cold roll manufacturing capacity but experts warn that the sluggish demand in the domestic market could force producers to export some of this new output.Last week (Thurs Feb 20), the Indian steel minister Beni Prasad Verma told the Rajya Sabha, the upper house of the parliament, that a new cold rolling mill complex is being installed at the Steel Authority of India Ltd’s (SAIL) Bokaro plant in Jharkhand. “[An] acid regeneration plant, coil packaging lines, [a] skin-pass mill, power supply system [and] ...
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