The major steel producing countries are China, Japan, US, Russia, India, South Korea while major steel consuming countries are China, US, Japan, South Korea, India, Russia. SWOT Analysis: Strength: Availability of iron ore and coke, Low wage labour; Weakness: High cost of capital, Cyclical in nature, Low productivity, Inadequate infrastructure; Opportunity: Govt. Subsidy given to auto Industry, Infrastructure demand; Reduction in price of key raw materials and fuel; Threat: Steel prices coming down; Threat of substitute (Aluminum); Dumping from China; Slowdown of economy..

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