India being a developing nation, Iron and Steel Industry has an essential part to play. The production of steel is viewed as one of the key enterprises. It is an essential for modern development. A lot of iron and steel is required for developing scaffolds, rail tracks, railroad moving stock, ships, vehicles, different machines, control plants, airplane terminals, and so forth.
The essential need of Indian economy today is quick industrialization. As critical enterprises like Railway train, Ship Building, Heavy and Light Machine, Construction, and so on rely on upon the accessibility of iron and steel, iron and steel industry quickens industrialization and is, along these lines, called the foundation of all ventures. As on 2013, with unrefined steel generation of 81.2 million metric tons, India is positioned as the fourth biggest steel delivering nation on the planet. It is assessed that India would create 86 million metric huge amounts of steel in 2015.
The crude materials for Iron and Steel Industry incorporate press metal, fills (coal, coke), limestone, dolomite, silica, refractories, manganese, nickel, tungsten, and so on are likewise utilized. These ventures likewise require a lot of water and power. Raw materials are discovered everywhere throughout the nation. Amid 2014, India was the fourth biggest iron-mineral creating nation on the planet. For the creation of one ton of iron and steel, for the most part, 1.5 tons of iron-ore, 0.45 tons of coal, 0.5 tones of limestone and 0.5 tones of manganese, nickel, dolomite, and so on are required. Furthermore, almost 60 tones of water are required.
We have a plentiful supply of the crude materials required for generation of steel. Press metals and auxiliary materials like manganese and mica are found in vast amounts in many parts of India, especially in Jharkhand, Odisha, and Chotanagpur. We are similarly rich in the supply of cooking coal required for making steel.
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