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An asymmetric story: Big steelmakers mint money as smaller ones struggle

Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are struggling

Topics
Steel sector | Steel Industry | Tata Steel

Ishita Ayan Dutt  |  Kolkata 



The share of top six steel producers in crude steel production, which used to hover at 55 per cent, stood at 63 per cent in FY21
The share of top six steel producers in crude steel production, which used to hover at 55 per cent, stood at 63 per cent in FY21

The is turning out to be a tale of two halves: the top six steel producers with iron ore mines are in a sweet spot, while the smaller and secondary producers are unable to make good of the commodity boom.

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First Published: Mon, May 10 2021. 06:10 IST

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