Question

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?

Answer 1

Integrated steel plants are large plants which handle everything from putting together of raw material to steel making.

Mini steel plants are small industries which are involved in making mild and alloy steel of given specifications.

Problems faced by iron and steel industry:

• High cost of investment
  
• Limited availability of coking coal that is used in smelting of iron
  
• Low productivity of labor
  
• Poor infrastructure
  
• Irregular power supply.