MetalOre - Mumbai, India

About

Over in the UK, Tata Steel put its entire business up for sale. The problems it faces are just reflections of the scenario back home in India. Lack of large capital investment due to the weak confidence index of private group's / conglomerates, high interest rates due to inflation control, policy paralysis, low oil prices, commodity prices tumbling down as a while, low offtake in infrastructure project's due to shortage of funds, stressed assets ,etc. are amongst the major factor's which, sum up the issues that ail the Indian iron and steel industry. Though the global steel industry outlook seems far from encouraging, MetalOre’s strategic vision has guided its operations, to emerge sustainable and rock steady for over 24 years running.

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