'Iron and steel industries are economy's backbone'

NAGPUR: Iron ore and steel industry is one of the basic industries of the country and plays an important role in strengthening economic development.

CS Gandhwar, general manager of mining company in India, said in a speech "Outline of the Indian iron ore industry", India is the fourth largest steel producer in the world. Iron and steel is one of the biggest industries supporting the country's economy.

Gundewar will speak at the National Technology Day Program hosted by the National Institute for Environmental Engineering (Neeri).

India currently produces 65 million tons of steel, but according to the "National Steel Policy", the country is expected to increase to 180 million tons by 2020. But he said that this can be achieved only by exploring new mines. India has a large amount of iron ore resources estimated at 28.52 billion tons, but it is impossible to extract magnetite reserves. These ores are mainly found in "ecologically vulnerable" areas of the West Gat's Islands. Iron ore was discovered in India as hematite and giant, its ratio is 63: 37

Mr. Gandhwar also emphasized the need for more scientific and environmentally friendly mining through the use of environmentally friendly technology. He said that the consumption of iron ore (hematite) in steel production in the country accounts for only about 45 to 50% of the domestic production, and the current export of iron ore (especially granulation) is inadequate due to an adequate coagulation facility It was pointed out. ) In China

Formerly Neeri 's Satish Wate director highlighted the need to develop native technology to solve regional problems. He evaluated the technology development of the laboratory.

All these are the first achievements that succeeded in the development of the steel industry in Pittsburgh, Pennsylvania. Carnegie has been a huge success in the steel industry and has overseen the broadest comprehensive steel business owned by individuals in the United States. His great innovation is to provide inexpensive and efficient railway production to railway lines. In the late 1880s, Carnegie was the producer of the world's largest pig iron, railway and coke, producing about 2,000 tons of pig iron per day. In 1888, he bought a rival Homestead Steel Works, including a large factory maintained in tributary coal and iron fields, a 425-mile railway, and a series of lake steamers. In 1892, with the establishment of Carnegie Steel, the assets of him and his colleagues condensed.

The railway supplies electricity to the industrial economy. They consumed most of the steel produced in the United States before 1890. Until 1882, rails accounted for 90% of the US steel production. They are the country's largest timber consuming country and the main consuming country of coal. In addition, we distribute these products nationwide. However, sometimes the railroad may drag the American economy into the abyss. The railroad company is over built, borrowed with malicious intent, and is often strictly controlled. They desperately attacked between the rate war and the establishment of the pool to determine the prices, and encouraged other industries to follow it. Wheat, silver, wood, cow, and other goods flowed into the market, prices fell sharply, many producers went bankrupt. At the end of the nineteenth century the signs of all economic collapse is that the railroad and related banks went bankrupt.