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Routledge - Economics of the Indian Steel Industry Book

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Description

Explore the complex dynamics of a global industry in this scholarly work from Routledge. Steel serves as the foundation of modern civilization and remains at the core of industrial development. However, the sector faces significant challenges, including global overproduction and supply gluts that impact profit margins. This book examines how these economic pressures affect the industry's future. Readers will gain insights into the logistical complexities of steel production, such as the high ratio of raw materials required for output and the significant costs associated with transporting such heavy volumes. The text provides a detailed look at why many nations prioritize domestic production over international sourcing. Specifically, it tracks the rapid evolution of the Indian steel industry, which has grown from being the tenth largest producer in the world in 1991 to a major global player. This volume is an essential resource for those studying the economic shifts and industrial growth patterns within the global and Indian markets.

Key Features

Analyzes the global supply glut and its impact on industry margins.

Examines the logistical challenges of transporting bulk steel materials.

Provides historical context on the growth of India's steel production.

Explores the relationship between raw material consumption and output.

Offers a deep look at why nations prioritize domestic steel manufacturing.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
19 June 2017
Listed Since
15 December 2016

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