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Book Cover
E-book
Author Dasgupta, Susmita, author

Title Economics of the Indian steel industry / Susmita Dasgupta
Published London ; New York : Routledge, 2017

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Description 1 online resource (152 pages) : illustrations
Contents Cover; Half Title; Title Page; Copyright Page; Table of Contents; List of Figures; List of Tables; Acknowledgements; Introduction; Chapter 1: Issues facing the steel industry; Steel is bulky and hence is dependent on freight and becomes largely localized; The complex labour skills deployed in the manufacturing of steel; Flat steel, long steel; Large-scale and small-scale steel -- technologies to produce steel; India's innovation in electric steelmaking -- steel production grows by leaps and bounds; Sustainability issues in producing steel -- financial, resources, skills and environmental; Notes
Chapter 2: Parameters of steel policy in IndiaSteel in colonial times; Steel with the coming of the post-independence planned economy; Smaller producers as supplements to the large integrated plants; Not merely capacities: the JPC "fixes" prices as well; Government creates funds for investments in steel; Freight equalization scheme; Import substitution, export promotion; State control over industry annulled, industry rediscovers the role of the state: national steel policy 2005; Mineral policy becomes important for a liberalized industry; Government moves to protect steelmaking capacities
Understanding new ways of doing business in steelNotes; Chapter 3: Excess capacity and production of steel in the world; Is excess capacity in the steel industry here to stay? Yes, because the world has too much stuff; State of overcapacity in the world steel industry: not so much excess production as much as excess capacity; Excess production of steel vs. requirement of steel for products: direct and indirect steel; Closing in of continents; Soon steel may only be exported as project goods; Postscript: How are the top steel-producing countries faring?; Conclusion; Notes
Chapter 4: Overcapacity in the Indian steel industryOvercapacity: a loss of synergy?; Not cheap imports but excess production is the reason behind the glut in India; Excess capacities among the steelmakers; Possible reasons for excess production; Measures to reduce excess capacities; Revision of projected steel capacities in India; Conclusion; Notes; Chapter 5: Producers and product mix; The shaping of the steel industry of India: historical contingencies; Product mix of large and small plants; Product mix of excess supply; Global competitiveness in terms of price
Price ladder across the value chain: paradox of import protectionConclusions about products and product mix; Notes; Chapter 6: Who to promote, the integrated mills or electric furnaces?; Shift from integrated oxygen plants to smaller electric steelmaking facilities in order to deal with excess capacity; Costs of making steel through electric furnaces are lower; Social and environmental costs of large steel plants; Drawbacks of induction furnaces; Integrated steel plants are supposed to do best with raw materials; Financial performance of steel companies
Bibliography Includes bibliographical references and index
Notes Online resource; title from PDF title page (EBSCO, viewed July 13, 2017)
Print version record
Subject Steel industry and trade -- India
BUSINESS & ECONOMICS -- Industries -- General.
Steel industry and trade
India
Form Electronic book
ISBN 1351729756
9781351729758
9781351729741
1351729748
9781351729734
9781315183978
1315183978
135172973X