India liberalised its steel sector in 1992 and at present the private sector has a dominant position, as about 80% of crude steel output in FY2018 came from private companies. The steel sector is going through a phase of consolidation and companies operating in the sector are expected to undertake brownfield investments for expansion. The Indian iron ore segment is highly fragmented, with more than 40 companies performing mining activities. The government’s presence in the sector is significant, at about 35%, as it controls the country’s two largest iron ore mining companies, in terms of production volumes. Unlike that of iron ore, the production of crude steel in India is dominated by the private sector, which controlled 80% of it in FY2018. The six largest companies in the finished steel segment accounted for 54% of total production in FY2018.

01 EXECUTIVE SUMMARY 

02 SECTOR OUTLOOK 

03 SECTOR IN FOCUS 

04 COMPETITIVE LANDSCAPE

05 COMPANIES IN FOCUS 

06 REGULATORY ENVIRONMENT 

07 IRON 

08 STEEL