Ministry of Steel Government of India APRIL 19 - 21, 2017 Mumbai Exhibition Centre, Mumbai, India www.indiasteelexpo.in AN OVERVIEW OF STEEL SECTOR: ndia’s economic growth is linked with the the steel sector under the automac route. Igrowth of the Indian steel industry. A new scheme, ‘The scheme for the promoon Consumpon of steel is taken to be an indicator of R&D in the iron and steel sector’, has been of economic development. While steel approved with budgetary provision of US$ 24.6 connues to have a stronghold in tradional million to iniate and implement the sectors such as construcon, housing and provisions of the scheme as per the 11th Five- ground transportaon, special steels are Year Plan which has connued in the 12th Five increasingly being used in engineering Year Plan. The development of technology for industries such as power generaon, Cold-Rolled Grain Oriented (CRGO) steel sheets petrochemicals and ferlizers. India occupies a and other value-added products is also central posion on the global steel map, with included under the policy purview and is the establishment of new state-of-the-art steel allocated US$ 6.7 million. mills, acquision of global scale capacies by players, connuous modernizaon and up gradaon of older plants, improving energy efficiency and backward integraon into global raw material sources. India is the third-largest steel producer in the world. In 2015, India produced 91.46 million tonnes (MT) of finished steel. Total finished steel producon in the country increased at a CAGR of 7.45 per cent over FY 11-15. Driven by rising infrastructure development and growing demand for automoves, steel consumpon is expected to reach 104 MT by 2017. The Government of India has allowed 100 per cent foreign direct investment (FDI) in 3RD INTERNATIONAL EXHIBITION & CONFERENCE ON STEEL INDUSTRY the country. These include among others, Global Scenario: an esmated infrastructure investment of n In 2016, the world crude steel producon nearly a trillion dollars, a projected growth reached 1628 million tonnes (mt) and of manufacturing from current 8% to showed a growth of 0.8% over 2015. 11-12%, increase in urban populaon to 600 million by 2030 from the current level n China remained world’s largest crude steel of 400 million, emergence of the rural producer in 2016 (808 mt) followed by market for steel currently consuming Japan (105 mt), India (96 mt) and the USA around 11 kg per annum buoyed by projects (79 mt). like Bharat Nirman, Pradhan Mantri Gram n World Steel Associaon has projected Sadak Yojana, Rajiv Gandhi Awaas Yojana, Indian steel demand to grow by 5.4% in among others. 2016 and by 5.7% in 2017 while globally, n The Naonal Steel Policy 2017 has been steel demand has been projected to grow formulated keeping in mind the rapid by 0.2% in 2016 and by 0.5% in 2017. developments in the domesc steel Chinese steel use is projected to decline in industry (both on the supply and demand both these years - by 1% in 2016 and by 2% sides) as well as the stable growth of the in 2017. Indian economy since the release of the n Per capita finished steel consumpon in NSP 2005. 2015 is placed at 208 kg for world and 489 kg for China by World Steel Associaon. Domestic Scenario: n The Indian steel industry has entered a new development stage from 2007-08, riding high on the resurgent economy and rising demand for steel. n Rapid rise in producon has resulted in India becoming the 3rd largest producer of crude steel in 2015 and the country was the largest producer of sponge iron or DRI in the world during the period 2003 to 2015 and was the 2nd largest producer in 2016 (aer Iran). n As per the report of the Working Group on Steel for the 12th Five Year Plan, there exist many factors which carry the potenal of raising the per capita steel consumpon in ABOUT INDIA STEEL 2017: 3rd edion of India Steel - Internaonal makers from the Steel and other related Exhibion and Conference on Steel Industry industry to interact with, and explore new from April 19-21, 2017 held at Mumbai business avenues. Exhibion Centre, Mumbai was jointly The theme of the event - “Indian Steel Industry: organized by the Ministry of Steel, Government “Looking upto 2030 - Raw Material, of India and Federaon of Indian Chambers of Producon, Demand & Logiscs” highlighted Commerce and Industry (FICCI) to provide a upon the compeveness, capabilies, plaorm to all the Parcipants, Delegates, infrastructure & logiscs and technological Business Visitors and other key decision advancements in the Indian Steel Industry. EVENT OBJECTIVES: EVENT HIGHLIGHTS: n Showcasing the latest products, n 200+ Exhibitors from India and abroad technology, machinery & equipments, with fooall of 8000+ Business Visitors applicaons & developments in the Indian n 2 Day Internaonal Conference on steel industry advancements in Indian steel Industry n Disseminang knowledge about new n CEOs Roundtable - 40 CEOs parcipated in applicaons of steel amongst the user the roundtable to have a closed-door segments deliberaon on the key issues in Steel n Disseminang knowledge about the Industry developments and best pracces in n Internaonal parcipaon from Austria, analysis, design and construcon China, France, Germany, Korea, Spain, methodology pertaining to steel and Russia, UAE, USA, UK mining n B2B Meengs n Understanding global steel markets n Hosted Reverse Buyer Seller Meet with n Highlighng the inter-linkage of mining delegaons from over 145 Internaonal and steel in Indian perspecve Stakeholders from 37 countries n Highlighng the mining developments n 500+ conference delegates with more that can impact the Indian steel industry than 50 speakers n Idenfying opportunies in Indian steel supply chain and logiscs INAUGURAL CEREMONY: The event was inaugurated by Shri Chaudhary Birender Singh, Hon’ble Minister for Steel, Government of India in the august presence of dignitaries from Ministry of Steel, Government of India, CEOs of all major steel producers in India, officials of various government departments and members of diplomac corps and trade associaons. Lamp Lighting Ceremony: Hon’ble Minister for Steel, Shri Chaudhary Birender Singh during lamp lighng ceremony of India Steel Expo’2017. (On le) Dr. Aruna Sharma, Secretary - Steel, Ministry of Steel, Government of India. (From Le) Hon'ble Minister for Steel, Shri Chaudhary Birender Singh, Shri P Madhusudan, CMD, RINL, Shri P K Singh, CMD, SAIL & Chairman FICCI Steel Commiee and Dr. Aruna Sharma, Secretary - Steel, Ministry of Steel, Govt. of India. Report Launch during India Steel 2017: Report Launch took place on the inaugural day of the event. (From L to R) Dr. A Didar Singh, Secretary General, FICCI; Dr. Edwin Basson, Director General, World Steel Associaon; Mr. T V Narendran, Managing Director, Tata Steel Ltd; Mr. Naveen Jindal, CMD, Jindal Steel & Power Ltd, Dr. Aruna Sharma, Secretary - Steel, Ministry of Steel, Govt. of India, Hon’ble Minister for Steel, Shri Chaudhary Birender Singh, Ministry of Steel, Govt. of India ; Mr. P K Singh, CMD, SAIL; Mr. P Madhusudan, CMD, Rashtriya Ispat Nigam Ltd; Smt Rita Singh, CMD, Mesco Steel; Mr. Suketu V Shah, Chairman, Alloy Steel Producers Associaon of India. Ribbon Cutting Ceremony during the exhibition: From L to R: Dr. Aruna Sharma, Secretary - Steel, Ministry of Steel, Govt. of India, Shri Chaudhary Birender Singh, Hon’ble Minister for Steel, Govt. of India and Dr. A Didar Singh, Secretary General, FICCI during the ribbon cung ceremony of the exhibion. 3RD INTERNATIONAL EXHIBITION & CONFERENCE ON STEEL INDUSTRY Hon'ble Steel Minister's Visit to the Exhibition: Honb’le Steel Minister, Shri Chaudhary Birender Singh visits the exhibion stall of Tata Steel. On the right, Mr. T V Narendran, Managing Director, Tata Steel. Honb’le Steel Minister, Shri Chaudhary Birender Singh at the stall of Jindal Steel & Power Ltd. in conversaon with Shri Naveen Jindal, CMD, Jindal Steel & Power Ltd. 3RD INTERNATIONAL EXHIBITION & CONFERENCE ON STEEL INDUSTRY CEO SPEAK - KEYNOTE SESSION BY INDUSTRY TOP LEADERS: The marquee highlight of the conference was the presence of major steel CEOs in the inaugural session of the conference. The dignitaries shared their experience and perspecves around the regulatory developments in last 2 years and the opportunies they foresee for Indian steel industry in the decade ahead. The dignitaries present were: n Shri P K Singh, Chairman, Steel Authority of India Limited n Shri P Madhusudan, Chairman & Managing Director, Rashtriya Ispat Nigam Limited n Shri T V Narendran, Chief Execuve Officer, Tata Steel Limited n Shri Naveen Jindal, Chairman, Jindal Steel and Power Limited n Ms. Rita Singh, Chairman and Managing Director, MESCO Steel n Shri Suketu V Shah, Chairman, Alloy Steel Producers Associaon of India They applauded the Government of India’s iniaves taken in the last few years for progressing towards the target of 300 million tonnes by 2030. They also expressed their opmism in ushering a new era of growth for Indian steel industry by overcoming the challenges present and bridging the gap cohesively towards the target. (From L to R): Shri T V Narendran, MD, Tata Steel Ltd, Shri Naveen Jindal, CMD, Jindal Steel & Power Ltd, Dr. Aruna Sharma, Secretary - Steel, Ministry of Steel, Govt. of India, Shri Chaudhary Birender Singh, Honb’le Minister for Steel, Govt. of India and Shri P K Singh, CMD, SAIL and Chairman FICCI Steel Commiee. Special Session on Women: A key feature added in the current edion was a special session on “Growing Influence of Women in Steel Industry” from producon to consumpon. The dignitaries who shared their experience and perspecves were: n Ms. Yashika Singh, Economist, Rio Tinto India n Ms. Rita Singh, Chairman & Managing Director, MESCO Steel n Ms.
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