Do you know how India's rising steel capacities are tipping the demand-supply balance The emergence of south India as a hub of economic growth and expansion in manufacturing capacity has been phenomenal! With 42 Mnt of crude steel capacity, south India has the highest per capita steel consumption in India.

South Indian Steel Scenario:

India is the world's second-largest producer of steel, accounting for about 151 Mnt of production, with south India being a key region for steel manufacturing contributing around 20% of total production. The steel industry in south India is experiencing significant growth and expansion, driven by robust demand in infrastructure, automotive, and construction sectors.

The steel industry contributes approximately 2% to India's GDP and accounts for about 7% of its industrial output. It also generates employment for about 2.5 million people directly and indirectly.

Key Highlights:

• Secondary steel manufacturing units: 140
• Total steel production capacity in south India: 42 Mnt
• Total steel production in south India in FY'25: 28 Mnt

South Indian manufacturing industry at a glance:

The manufacturing sector in south India is well-established, thanks to the region's advantageous location, strong infrastructure, highly qualified labour force, and friendly business climate. With a broad spectrum of businesses from electronics and heavy industries to automobiles and textiles, south India's manufacturing sector is varied.

Key steel hubs in south India:

Bellary-Hospet: In Karnataka, this is a major steel and mining hub, especially for iron ore. Due to the region's rich iron ore reserves, numerous sizable steel factories and associated businesses have come up here. According to a BigMint study, Karnataka has an iron ore capacity of about 57.9 Mnt, and in FY 2425 about 40 Mnt was produced, approximately 15% of India's total iron ore production.

Chennai: A major industrial centre in South India, it contributes significantly to the production of steel. Chennai is primarily engaged in secondary steelmaking, steel processing, and the creation of steel products with added value which majorly serve infrastructure, automobiles, appliances, and construction sectors. Chennai Port imported approximately 1.5 million tonnes of ferrous scrap during FY'25.

Hyderabad: Hyderabad, the capital of Telangana, is a significant industrial hub in South India and is vital to the region's steel sector. Hyderabad's steel industry is mostly focused on secondary steel production, steel processing, and steel product manufacturing for a range of industries, including infrastructure, engineering, automotive, and construction.

Visakhapatnam: It is a major industrial center in south India, particularly for the steel sector. Known for its port, heavy industries, and advantageous location on India's east coast, Visakhapatnam is a major hub for the shipbuilding and steel industries. The pride of Visakhapatnam, Rashtriya Ispat Nigam Limited also known as Vizag Steel has a crude steel capacity of 7.3 million tonnes per annum (MTPA).

Outlook:

The steel demand outlook in south India is expected to remain robust on sustained government infra spending on modern highways and metro systems, affordable housing programmes, and the expansion of the automotive industry. Therefore, steel production capacity is also projected to expand in the coming years.

Join us at FUTURE.STEEL SOUTH, taking place on 18-19 June 2025 at Taj Coromandel, Chennai the Southern hub of Indias accelerating steel ecosystem. With South India contributing ~27 million tonnes of steel output, this region is fast emerging as a strategic pillar of Indias steel growth story.

BigMint proudly brings its flagship steel conference to Chennai, featuring 30+ expert speakers across 7+ insightful sessions. This edition will offer an in-depth exploration of key themes including Pricing, Policy, Trade, and Technology, alongside crucial discussions on Green Steel, Scrap, Sustainability, Outlook, Indexing, and Capacity Expansion.

Attendees can look forward to unmatched opportunities in Sponsorships, Exhibition Stalls, and over 10 hours of high-impact networking with leading steel producers, buyers, traders, technology providers, miners, end users, and policymakers. An exclusive Steel Plant Tour is also scheduled for 19 June, offering firsthand industry insights.

Dont miss South Indias most strategic steel dialogue -secure your spot now: https://tinyurl.com/33985dkn