Mini Steel Plants
The mini steel plants refer to the small steel manufacturing and pig iron is used as raw materials for this time of plants. They are mostly secondary units that use steel scrap and sponge iron. Mini plants are located at a distance from integrated plants. Mini Steel Plants are mostly located near market areas, for the production of mild steel, and alloy steel. The regulations governing minor steel plants are liberalized a lot at the moment.
Benefits of Mini Steel Plants
Some important benefits of mini steel plants include:
- Lowest Cost for Establishment
- Short gestation period
- More flexibility in operation
- Decentralization of Industrialisation
- Produces low-cost mild steel
- Smaller infrastructural facility
Iron and Steel Industry in India
The Iron and Steel Industry in India is one of the most important industries and as of January 2019, India has overtaken Japan as being the world’s second-largest producer of steel. The crude steel production in India is 106.5 tonnes.
Table of Content
- Iron And Steel Industry in India
- Structure of the Iron and Steel Industry in India
- Distribution of Iron and Steel Industry in India
- Major Iron and Steel Plants in India
- Mini Steel Plants
- Government Initiatives for the Iron and Steel Industry in India
- Significance of the Iron and Steel Industry in India