Home World News China Built the Last Steel Boom. India’s Will Be Different
World News

China Built the Last Steel Boom. India’s Will Be Different

China Built the Last Steel Boom. India’s Will Be Different
Key Points

China Built the Last Steel Boom. India’s Will Be Different The next big growth market will align closely with domestic spending on infrastructure. Tata Steel Ltd.’s Kalinganagar mill was built for a future where India supplants China as the industry’s main driver of growth.

China Built the Last Steel Boom. India’s Will Be Different The next big growth market will align closely with domestic spending on infrastructure. Tata Steel Ltd.’s Kalinganagar mill was built for a future where India supplants China as the industry’s main driver of growth. A decade after production was launched, that moment has finally arrived. Inside the country’s biggest blast furnace, a worker in silver protective clothing prods molten iron to the grinding, metallic sound of an enterprise that’s busy doubling capacity. On flashing screens, constantly updating, operational performance is tracked from a sleek command center more reminiscent of air-traffic control than heavy industry.
China Built (ORG) India (LOCATION) Tata Steel Ltd.’s (ORG) Kalinganagar mill (LOCATION) China (LOCATION)
Originally published by Bloomberg Markets Read original →