Source: YantraBazaar.com
http://yantrabazaar.com/et0107yb10201869TopStories03metal13103.aspx
Speaking at the international conference on “Clean, Green and Sustainable Technologies in Iron and Steel Making,” PK Rastogi, Indian Secretary of Steel, said that the Indian steel sector is positioned to achieve its production target of 120 million tons by 2012-13. According to Industrial Info Resources (Sugar Land, TX), Rastogi said that the steel sector continued to grow despite the global economic crisis, and he was confident that the sector would achieve a production of 100 million tons by 2012.
He reported that while brownfield projects were progressing well, greenfield projects, which are expected to account for 16 million to 17 million tons of the overall production target, were facing a few problems. Rastogi said that steel companies have so far signed about 225 memoranda of understanding with various state governments, and their projects are at various stages of implementation. The memoranda represent a total investment of about $225 billion. … For detail, Please visit
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