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Competitiveness and challenges in the steel industry

Competitiveness and challenges in the steel industry OECD Steel committee 74 th session Paris, July 1, 2013 CONFIDENTIAL AND PROPRIETARY Any use of this material without specific permission of McKinsey & Company is strictly prohibited

INDIAN STEEL INDUSTRY

Section 5 concludes with a discussion on state of the competition in the Indian steel sector pointing to a few key recommendations for the Competition Commission of India. Appendix I, II, III and IV provide data on the sector, and briefly discuss international conditions, and provide an historical overview.

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The competition, expansion, and growth of mining and steel companies also created a high demand for labor, but union labor posed a threat to expanding companies. As unions bargained for higher wages and better conditions, often organizing strikes in order to achieve their goals, the growing companies would be forced to agree to union demands or face abrupt halts in production.

Iron & Steel Industry in India: Production, Market

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Iron & Steel Industry in India: Production, Market

12-12-2019· The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output. The Indian steel industry is very modern with state-of-the-art steel mills.

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Indian steel capacity is also expected to rise from 99 million tonnes (mt) in 2013 to about 125mt in 2016, registering a CAGR of 8.8%. The Government of India has Öoated a target to produce 300mt by 2025–26. Global developments will shape the Indian steel landscape To date, the Indian steel sector has been relatively insular;

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