. How are integrated steel plants different from mini steel plants


What problems does the industry face? What recent developments have led to a rise in the production capacity?

Best Answer

Answer: Integrated steel plants are large and handle everything in one complex – from putting together raw material to steel making, rolling and shaping.

Mini steel plants are smaller, have electric furnaces, use steel scrap and sponge iron. They have re-rollers that use steel ingots as well. They produce mild and alloy steel of given specifications.

The challenges faced by the steel industry are:

High cost and limited availability of coking coal

Lower productivity of labour

Irregular supply of energy

Poor infrastructure

Recent developments such as liberalisation and foreign direct investment (FDI) have given a boost to the industry with the efforts of private entrepreneurs.

 

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