Current Steel production capacity of India is 167 mt p.a. Currently the Indian steel industry is one of the fastest growing in the world. Total Indian sponge iron capacity as per Steelmint beta 35 million tonnes and is constantly and rapidly growing with per capita Steel consumption of India still significantly much lower than the Global average. With the government's push for infrastructural development, raw material availability and demographic advantage of our country, the Indian steel industry is in an advantageous for long term growth.