Make in Steel Make in India is a complete e-Book with the 3 Years Initiatives and Achievements of The Government of India (Ministry of Steel). India is the world’s third-largest producer of crude steel (up from eighth in 2003) and is expected to become the second-largest producer. The steel sector in India contributes nearly two per cent of the country’s gross domestic product (GDP) and employs over 6,00,000 people. The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output. The Indian steel industry is very modern with state-of-the-art steel mills. It has always strived for continuous modernisation and up-gradation of older plants and higher energy efficiency levels. Presently, India’s crude steel capacity is around 126 Million Tonnes (MT) and Production of crude steel was 97.4 MT during 2016-17.
Steel is one of the world’s most essential materials, fundamental to every aspect of our life. Steel is vital for infrastructure and transport while tinplated steel helps preserve food. Steel is of strategic importance to a rapidly industrializing nation like India. For the last three years, the growth of India’s steel sector has been gladdening. It is a matter of pride that in 2015, India overtook the United States to become the 3rd largest steel producer in the world and is poised to become the second largest steel producer shortly. In Stainless Steel, in the year 2016, India has already become the second largest producer. The world steel industry has been facing a crisis on account of an unprecedented steel supply glut for the past few years. I am happy to note that the Indian Steel Industry, with targeted and timely pro-active trade remedial measures, has manifested positive growth.
Steel is the foundational material of modern civilization and constitutes the core of industry, and yet, it is overproduced across the world. This supply glut is reducing margins and turning steel into a sunset industry. Steel consumes as much as four times the amount of raw materials as its produced volume, and the sheer bulk of the steel makes it costly to transport. Because of this, countries prefer to make their own rather than to source it across land and sea. The Indian steel industry has grown from being the tenth largest steel producer in the world in 1991 to emerging as the second largest, after China. This book aims to reveal, through data and the use of simple economic concepts, the mistakes that abound in the discourses surrounding the steel industry. Its main objective is to dispel the many myths that are perpetuated by policy makers and the industry in order to benefit a small coterie of large firms, and discusses how through such favours the Indian steel industry is set to lose out in terms of margins, products and growth in technology. It covers the unique role of the Indian state in the development of the broad base of steel production, and observes the change in the direction in policy, which reverses the economic equality of the past and promotes collusion among oligopolies leading to overexpansion in capacities. Economics of the Indian Steel Industry will be of interest to students of industrial economics and corporate strategy, as well as financial managers and policy makers.
In One World Emerging? Alex Inkeles clarifies the meaning of convergence in the social organization of modern societies, shows how it can be measured, and illustrates in detail the manner and degree of convergence across national boundaries. Inkeles assesses the extent to which convergence in institutional patterns is reflected in the emergence of more common attitudes, values, and daily behaviors in different national populations as individuals and communities engage with and respond to the standardizing pressures of national development and global modernization. One popular image of the probable condition of humanity in the twenty-first century anticipates a new Armageddon with all the great civilizations at war with each other. This model neglects a less dramatic but deeper-seated process of worldwide change in which national economic and political systems become more alike and populations worldwide come to adopt similar lifestyles and develop similar attitudes and values for daily living. Alex Inkeles penetrating analysis focuses on this process of convergence.In One World Emerging? Inkeles clarifies the meaning of convergence in the social organization of modern societies, shows how it can be measured, and illustrates in detail the manner and degree of convergence across national boundaries. Sensitive to evidence counter to the main trend, he gives close attention to the many instances in which national differences persist and nations and their populations diverge from a common path.At the national level, he compares and contrasts the modernization of the United States, Russia, China, and India. Focusing on particularly important institutions, he reviews the process of convergence in prestige hierarchies, the family, education, and communications. Capping the enterprise, Inkeles assesses the extent to which convergence in institutional patterns is reflected in the emergence of more common attitudes, values, and daily behaviors in different national populations as individuals and communitiesin North America, Europe, and increasingly in Asiaengage with and respond to the standardizing pressures of national development and global modernization.
This authoritative account covers the entire spectrum from iron ore to finished steel. It begins by tracing the history of iron and steel production, right from the earlier days to today’s world of oxygen steelmaking, electric steelmaking, secondary steelmaking and continuous casting. The physicochemical fundamental concepts of chemical equilibrium, activity-composition relationships, and structure-properties of molten metals are introduced before going into details of transport phenomena, i.e. kinetics, mixing and mass transfer in ironmaking and steelmaking pro-cesses. Particular emphasis is laid on the understanding of the fundamental principles of the processes and their application to the optimisation of actual processes. Modern developments in blast furnaces, including modelling and process control are discussed along with an introduction to the alternative methods of ironmaking. In the area of steelmaking, BOF plant practice including pre-treatment of hot metal, metallurgical features of oxygen steelmaking processes, and their control form part of the book. It also covers basic open hearth, electric arc furnace and stainless steelmaking, before discussing the area of casting of liquid steel—ingot casting, continuous casting and near net shape casting. The book concludes with a chapter on the status of the ironmaking and steelmaking in India. In line with the application of theoretical principles, several worked-out examples dealing with fundamental principles as applied to actual plant situations are presented. The book is primarily intended for undergraduate and postgraduate students of metallurgical engineering. It would also be immensely useful to researchers in the area of iron and steel.
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
