Current Science

The PDF file you selected should load here if your Web browser has a PDF reader plug-in installed (for example, a recent version of Adobe Acrobat Reader).

If you would like more information about how to print, save, and work with PDFs, Highwire Press provides a helpful Frequently Asked Questions about PDFs.

Alternatively, you can download the PDF file directly to your computer, from where it can be opened using a PDF reader. To download the PDF, click the Download link above.

Fullscreen Fullscreen Off


Steel is one of the most important man-made materials with a huge diversity in use ranging from a paper clip to an aircraft carrier. Modern infrastructure and buildings are increasingly using steel due to its properties of strength, aesthetics, ease of use and cost. For a developing country like India, steel consumption is also linked to economic growth. Just over a hundred years ago, Fredrick Upcott, Chairman of the Indian Railways, promised to ‘eat every pound of steel rail’ made in India to British specifications. Fast forward to financial year (FY) 17, India is the third largest producer in the world producing 101 Mt of finished steel, only behind Japan and China. The steel sector contributes 2% to India’s Gross Domestic Product (GDP), and employs 5 lakh people directly and 20 lakh people indirectly. This sector is estimated to have an output multiplier effect of 1.4x on GDP and 6.8x on employment in India.
User
Notifications
Font Size