India will be second largest steel producer by 2018-19

Vastavam Web:  India is set to become the world’s second largest steel producer by 2018-19, Steel Users Federation of India (SUFI) said today.”India is all set to grab the second position from Japan as the largest steel producer by 2018-19,” the SUFI said in a statement.”It is a matter of pride for every Indian and steel stake holders to see the industry perform at a record growth rate.The rapid progress in infrastructure development and adherence to government’s initiatives such as ‘Make in India’ has given boost to steel producers across nation,” SUFI President Nikunj Turakhia said.The government has laid emphasis on ‘Be Indian Buy Indian’, thus emphasising to necessarily buy only domestic manufactured steel Turakhia said