3 rd Indian Steel Summit Sustainability and Inclusive Growth
Schedule of Summit Macro Parameters & dynamics of Steel Demand Supply Scenario Raw Material Supply and Project Financing Technology Development & Consumer Perspective.
Macro Parameters & dynamics of Steel industry Rural focus Vision 2020 ( capacity of 200+ Mtpa) Direct/Indirect support required from govt. Handling cost to go down Mine allotment to be made easy No import duty/Safe guard duty.
Demand Supply Scenario Capacity will be Mtpa by FY12. Growth rate will be 8%+ from FY11. India to remain net importer. All brownfield expansion will be delayed by 1 year and greenfield expansions will delay by 2-3 years. India will be no 2 in steel production.
Raw Material Supply and Project Financing Mini allotment process will be speed up. Resettlement and rehabilitation (R&R) process will be speed up. Companies should acquire mining assets overseas. Mining technology should upgrade.
Technology Development & Consumer Perspective. Shifting focus to value added steel India will surpass China in high quality steel. Project cost has already gone down.( L&T) Lead time in delivery should decrease (Maruti). Pricing system should have changed