Taking into scenario the Asian factors, ENAM after conducting an exclusive study in China, has rated the leading Indian Steel manufacturers – SAIL, Tata Steel, Jindal Steel & Power and JSW Steel Ltd.
Steel Authority of India Ltd:
Sizable presence and domestic leadership. Captive 2.9 bn tonnes iron ore reserves, scalable and integrated. Capacity: To rise from 12mn to 24+mn tonnes in FY11 through internal growth and acquisitions. Cost competitiveness: Captive resources (iron ore, coal) and modernization. The company enjoys attractive valuations, (more…)