Estimating state wise steel demand – WorldSteel Approach

GDP per capita and GDP Growth :

Himachal Pradesh
GDP growth 7.3% (2018-19)

GDP per capita ₹208,513

Punjab
GDP growth 6.0% (2018-19)

GDP per capita ₹115,882

Rajasthan
GDP growth 7.3% (2018-19)

GDP per capita ₹118,159

Uttar Pradesh
GDP per capita ₹70,419

GDP growth 14.0%

Delhi
GDP growth 11.5% annually (2013–18)

GDP per capita ₹402,000

Haryana
GDP growth 7.7%

GDP per capita ₹264,207

Source : https://steel.gov.in/

TMT Steel Use in North India

Total estimated TMT steel use- State Wise

2019-20 (thousand tonnes)
900
800
700
600
TMT Steel USE

500
400
300
200
100
0
Delhi & Uttar Pradesh Himachal Rajasthan West Bengal
Haryana Pradesh

States

Delhi & Haryana Uttar Pradesh Himachal Pradesh Rajasthan West Bengal

Competitor Analysis
According to FY 2019 Data
Net Sales (in crores) Net Profit(in crores)
 Tata Steel Ltd 70611 10533
SAIL 66967 2179
JSW Steel 76727 8259
Kamdhenu 1232.40 22.47
VISA Steel 815.30 -66.20
Jindel Steel 12585 139
Source : https://ticker.finology.in/company/

Net Sales (in crores)

90000
80000
70000 76727
70611
60000 66967
50000
Net Sales

40000
30000
20000
10000 12585
0
Tata Steel SAIL JSW Steel 1232.4
Kamdhenu 815.3
VISA Steel Jindel Steel
Ltd

Primary and Secondary Manufacturer

TMT Market Share North

Annual(Kt) Market Share
Tata Steel 456 14%
JSW 300 9%
JSPL 420 13%
RINL 300 9%
SAIL 660 20%
Others(Secondary) 1140 35%
Total Market 3276 100%

TMT Market Share in North India

1200

1000

800
Market Share

600

400

200

0
Tata Steel JSW JSPL RINL SAIL Others(Secondary)