AIIFA launched digital MSTC Metal Mandi and deliberated on Saturday in technical session along with media and other experts of the sector.Jaco Cililiers Country Dir UNDP addressed National seminar said .We at International organisation is present to bring energy efficiency in steel sector as per the Paris agreement. India be model for neighbour countries to follow ,Bangladesh has expressed to follow model India in this sector. Jaco further added AIIFA secondary steel ought to be competitive.The quality & costing with 300 unit are the excellent energy efficient thus a reduction of 25%.
India produces crude steel 109.85 million tonnes by 2014-15 with target to produce 300 MT by 2025 and stands as 3 rd largest steel producer globally.MSME recycled steel manufacturer with present 65% of share of steel being manufactured, held their association National seminar in New Delhi . India 3rd largest steel producer soon to take number two position.
India has 1300 induction furnace units, over 1700 steel rolling mills units pan India employ directly one million and indirectly half Mn people.India low per capita steel consumption, 62 Kg in 2015-16 expected to rise in consumption with increased demand from infra, construction auto and rail sector.
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