India has huge deposits of natural resources in form of minerals like copper, chromite, iron ore, manganese, bauxite, and gold. As a result,
India basic metals industry is one of the many booming industries in India.
The India basic metals industry is categorized into 2 main divisions - the iron-based and non-iron-based metal industries. The iron-based segment includes the manufacturing of 3 different kinds of steel such as carbon steel, ferrochrome steel, and stainless steel. The non-iron-based category includes the production of copper, tin, brass, lead, zinc, aluminum, and manganese. The main operations of the of the basic metals industry in India are mining of ores, refining of the ore, casting, alloying, sheet, and rolling into foils.
India basic metals industry experienced big changes in the 90s with the onset of the liberalization and open market policies. With the new form and sources of investments, the infrastructure pertaining to the industries was altered. More and more efficient and technologically advanced methods improved the production processes and in turn the output of the industry increased along with the quality of the products. The India basic metals industry is growing up with the innovative techniques as it is helping the product market to enlarge. Some of the popular methods used for the production of basic metals are open hearth, oxygen furnaces, blast furnaces, electric arc furnaces, etc.
The major players in the India basic metals industry:
- Tata Steel
- IISCO
- Concast
- Electrotherm steel division
- Jindal
- Acme Impex
- Electrosteel castings
- Sage Metals Limited
- Deccan Gold Mines
- JSW steel
- Hindalco Industries Ltd
- S C Shah Enterprises
- India Brass
- Madras Aluminum Company
- Angles Aluminium Corporation
- Steel Authority of India Limited (SAIL)
- Sacheta Metals Limited
- Anna Alluminum
- Swastik Traders
- Tirupati Steel Traders
- The Indian Stainless Steel Development Association (ISSDA)
- Sri Venkateshwara Metals
- Tayo
- The Indian Institute of Metals
