1. Indian economy growing @ 8 to 9 %, is one of the fastest growing economies in the world.
    

2. Industrial prodn. showing encouraging trends. Index of industrial production for Capital goods is growing @ 8.4% CAGR and growth in index for consumer durables was @10.5% CAGR during 2005-06.
    

3. The 10th plan investment in infrastructure has been envisaged at around Rs.880,550 crores.
    

4. The major sectorwise anticipated investment is likely to be Rs.292000 crores in Power, Rs.145000 crores in Roads & Bridges, irrigation Rs. 111000 crores.
    

5. During 11th plan (2007-08 to 2011-12), the projected investment towards infrastructure is likely to be Rs. 2027000 crores, an increase of 180% over 10th plan.
    

6. Per capita steel consumption at 35 kg low as compared to world average of 150 kg. and 300kg for china.
    

7. National Steel Policy, as formulated by Indian Ministry of Steel envisages the following -

1. Crude steel production of 110 million tones by 2019-20 at CAGR of 7.1% from 2004-05.
    

2. The demand of steel by 2020 is likely to be 90 million tones at CAGR of 6.9% from 04-05.
    

3. Steel exports by 2020 is likely to grow at CAGR of 13.3% from 04-05 to 26 million tones .
    

4. Steel imports to the country by 2020 shall grow at CAGR of 7.1% from 04-05 to 6 million tones.

8. Lot of steel projects both brownfield and Greenfield likely to come up and are in various stage of execution.
    

9. As per the news paper reports (Eco. Times dt.14-11-07), Steel Minister has projected India's steel production to be around 124 million tones by 2012 and a capacity of around 275 million tones by 2019-20.
    

10. During the year 06-07, India produced around 49 million tones of finished steel which was higher by 11 % over 05-06.
     

11. Imports at 4.1 million tones during 06-07 was higher by 6.5%. Exports at 4.7 million tones grew by 6.1% during 06-07.
     

12. During 05-06 Iron ore exports at 84 million tones was almost at the previous year's level of 87 million tones .
     

13. During April - Sept.'07 following has been the performance-

1. Crude steel prodn. at 25.7 million tones, exhibited a growth of 5 % over corresponding period last year.
    

2. Exports at 2.6 million tones shows an increase by around 8% over the same period of last year.
    

3. Imports were around 3.2 million tones which was an increase by 63% over April-Sept'06.

14. Due to infrastructure focus, production of long products is gradually increasing and ratio of flat to long products is narrowing.
     

15. During Ap-Sept'07 non flat steel produced at 12.4 million tones showed an increase of around 9% over April-Sept'06.
     

16. In case of flat products prodn. during April-Sept'07 at 12.2 million tones was almost at same level of last year.
     

17. Apparent Consumption of steel during April-Sept'07 was 22 million tones which was an increase by 11 % over April-Sept'06. While long products (excl. semis) at 12.3 million tones registered a growth of 9%, the flat products consumption at 12.5 million tones indicated an increase of 12%.
     

18. With due focus on infrastructure development and strong economic indicators, the demand for steel in India shall continue to remain robust.