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Overview India is presently the fifth largest producer of steel globally and is likely to become the second largest producer by 2015 – 16.

The Indian Iron & Steel industry can be divided into 2 types of producers: Integrated producers: who convert iron ore into steel. The major players are Steel Authority of India – SAIL, Tata Iron & Steel Company Limited (TISCO) and Rashtriya Ispat Nigam Limited (RINL).

Secondary producers: Companies that produce steel such as Essar Steel, Ispat Industries and Lloyds steel are amongst the largest producers of steel.

Growth Potential

The steel industry employs people with many different skills and diverse knowledge, who have the ability to work in multi-disciplinary teams. These include metallurgy, materials science, physics, chemistry, engineering as well as mathematics, IT, languages, business, accountancy and many other subjects.

Most steel companies can offer challenging and rewarding careers, often in an international context with opportunities for employees to quickly gain experience, responsibility and leadership. Training and recruitment opportunities are available across various functions, including manufacturing & production, engineering & process development, technology, R&D, product development and logistics, among others.

Future Prospects

Candidates interested in this industry can be reassured of strong demand and lucrative opportunities over the coming years, as local players expand their operations in both the domestic and foreign markets. Players such as Jindal Steel and Tata Steel have progressively grown in size and stature and continue to recruit an increasing number of top calibre candidates across all areas of their business.

 

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