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Industry & Economy
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Steel
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Andhra Pradesh
Steel meet begins in Vizag today
Visakhapatnam, March 13
A two-day conference on steel - Global Steel
Conference 2020 - begins here on Friday at Hotel
Taj Residency at 10 a.m, according to a press release
issued by Steel and Metallurgy, a Kolkata-based magazine
organising the event. The release says that 150 delegates
from different steel companies in India and abroad will
participate in the event and the key-note address will be
delivered by the former CMD of the Visakhapatnam steel
plant who is presently the Joint Managing Director of
JSW Steel Ltd and CEO, Mr Y. Sivasagara Rao. The steel
policy of the Union Government envisages production of
200 million tonnes of steel by 2020 and the focus of the
seminar will be on achieving, and even surpassing, the
target. "BRIC (Brazil, Russia, India and China) accounted
for 41 per cent of the global steel demand in 2006 and
there was an increase of 12.8 per cent in 2007. In 2008, 11
per cent growth is expected. - Our Bureau
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