Fortran Steel Private Limited

What are the Future Challenges for Steel

Steel Industry:

• The focus now is on improving and consolidate the current assets.
• The challenge of the steel industry is to be competitive against China and CIS, which accounts for more than 50% of the global steel production.
• This can be achieved ,only through innovation, differentiation, and by adding services to our products.

• The Steel industry is more consolidated and more vertically integrated than Others, however the rising competition is a future threat.
• The challenge is to increase the ability to provide a broad solution to the customer base (maybe through consolidation or Joint Ventures between companies).
• To develop and increase performance in all Steel Products
• Apart from Our own Produce of Rolling Mill / Wire Plant / Bright Bars, We also Supply steel from Main producers , Like SAIL, RINL, Tata Steel, Jindal, Essar Steel etc.
• To secure good quality raw materials (upstream or with a strong supply chain).
• To be prepared for a sudden increase in the demand of Steel .
• Retain and develop people with technical skills and knowledge.