1.

How are integrated steel plants different from mini steel plants? Whatproblems does the industry face? What recent developments have led to arisein the production capacity?

Answer»

(a) Integrated Steel Plants These are large in size and handle everything under one roof. From sorting of raw material to the manufacturing of steel, everything is done in a chain in integrated steel plants. At present, there are ten major integrated steel plants in India.

(b) Mini Steel Plants These are smaller in size as compared to integrated steel plants. These usually have an electric arc furnace and use steel scrap and sponge iron as a raw material. At present, there are more than 200 mini steel plants in India.

(c) Problem Faced by Industry Poor infrastructure. Low efficiency of the workforce. Shortage of the availability of coking coal. Lack of energy supply.

(d) Recent Developments In recent years, the Policy of Liberalization and FDI (Foreign Direct Investment) have provided a boost to the iron and steel industry. Rapid infrastructure development has led to the growth of demand of iron and steel. India is now capable of producing steel more competitively.



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