(India) — In an effort to boost steel consumption in the country, leading steel producer of India, SAIL, has called for an industry initiative to improve the use of steel in proportion with cement, a key building material. This step is expected to help both the consumers and steel makers.
“The steel industry together can take initiatives to enhance the steel-cement ratio in the country, which will lead to a win-win for both consumers and the industry,” SAIL Chairman CS Verma said.
The construction sector is the biggest user of steel in India. Hence, enhancing the cement-steel ratio in the construction sector will boost the prospects of the alloy.
India’s steel-cement ratio, in terms of usage, is 0.3, a dismal figure when compared to 1.5 in U.K. the ratio is even higher in other developed countries like the US, where it is around 1.19.
“Therefore, there is need to further improve the steel – cement ratio in line with what has been achieved in developed countries,” Verma added.
By: Rashmi Kaila (ARI-C NEWS)