Write the answers to the following questions in 120 words.
(i) How are integrated steel plants different from mini steel plants? What problems does the industry face? What recent developments have led to a rise in the production capacity?

Question

Write the answers to the following questions in 120 words.
(i) How are integrated steel plants different from mini steel plants? What problems does the industry face? What recent developments have led to a rise in the production capacity?

MyClass24 · Accepted Answer

Integrated steel plants are large and handle everything in one complex &ndash; from putting together raw material to steel making, rolling and shaping.
Mini steel plants are smaller, have electric furnaces, and use steel scrap and sponge iron. They have re-rollers that use steel ingots as well. They produce mild and alloy steel of given specifications.
The challenges faced by the steel industry are given below:

High cost and limited availability of coking coal
Lower productivity of labour
Irregular supply of energy
Poor infrastructure

Recent developments such as liberalisation and foreign direct investment (FDI) have given a boost to the industry with the efforts of private entrepreneurs.

Write the answers to the following questions in 120 words. (i) How are integrated steel plants different from mini steel plants? What problems does the industry face? What recent developments have led to a rise in the production capacity?